Analysis Of Customer Snowboard's Horizontal Analysis

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B1. Historical Analysis The following analysis of Customer Snowboard’s horizontal analysis will provide an overview of the company’s stability over the past 3 years; year 12, 13 and 14. Net Sales: Year 12 finished with Net Sales of $6,601,000. In year 13, Net Sales increased slightly by 0.5% to $6,633,200 from year 12. In year 14, Net Sales declined by -3.4% to 6,407,800 from year 13. Year 14 also reflects a decline in Net Sales from year 12 by -2.93%. Total Operating Expenses: In year 12, total operating expenses were $1,739,500. Year 13 increased by 4.21% over year 12 to $1,812,800. Year 14 increased over year 13 by 2.23% to $1,853,200. Year over year increases were attributed to increases in Administrative Salaries, Executive Compensation, Utilities and Other General and Admin Expenses. Administrative Salaries increased 4.6% in year 13 from year 12 to $220,000. Year 14 had another annual increase of 13.64% to $250,000. Executive Compensation was $190,000 in year 12 and increased in year 13 by 2.63% to $195,000. Year 14 increased another 10.26% to $215,000. Utilities increased by 7.14%, or $17,000, in year 13 to $255,000 over year 12 and increased again in year 14 to $260,000, or 1.96%. Other General and Admin Expenses (G&AE) increased in year 13 by 31.12%, or $37,500, to $158,000 from year 12. Other G&AE increased an additional 7.59% in year 14 over year 13 to $170,000. Net Earnings Net Earnings decreased year over year. Net Earnings in year 12 was $140,250. Year 13

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