Provide a Conclusion and Recommendation for the company. EH.2 Sega Sammy Holdings, Inc.320172018201920202021Earnings InformationEarnings Information4323,664331,648366,594277,748millions of yenmillions of yenmillions of yenmillions of yenmillions of yenNet sales366,93955,67153.74575,35187.289Overseas salesCost of salesGross profitSelling, general and administrative41,546231,261202,930211,199230.092176.973135,678120,734120,449136,502100,775106,150103,013107,369108,85994,22110expenses13,0797.49527,6436,553Operating incomeOrdinary incomeProfit attributable to owners of parentmillions of yenmillions of yenmillions of yen1129,52717,7201228,54214.57825.2961,71527.6078,9302.64213.7751,2741314Ratios31.4Overseas sales ratioCost of sales to net salesGross profit to net salesSGA expenses to net salesOperating income marginOrdinary income to net salesProfit attributable to owners of parentto net sales15%11.317.216.220.616%63.062.763.762.863.71737.037.336.337.236.31828.931.832.429.733.9198.05.53.97.52.4207.84.52.36.90.67.52.80.83.80.52122DataReady Accessibility: UnavailableP Type here to search39°F< >56780 LellsEditingJ146frD20 Ordinary income to net salesProfit attributable to owners of parentto net salesGH7.84.52.36.90.6217.52.80.83.80.52223Balance Sheets Information242017201820192020Total assetsNet assetsCurrent assets2021millions of yenmillions of yenmillions of yenmillions of yenmillions of yenmillions of yenmillions of yenmillions of yen521.599473,467310.45625464,654458,268296,858421,599311,4972627305,337260,462291,256324,115197,483272,331Noncurrent assetsCurrent liabilitiesNoncurrent liabilities268,976276,29528201,136204,191189,292145,30429112,56784,45287,54286,14759.77730Interest-bearing debt97,53478,55871,77475,26370,56631Shareholders' equity102,85587.00076,10075,30052.000307,764307,951302.648294,10232Ratios290,75933Equity ratioROA3459.065.065.164.269.05.21.80.63.03536ROE0.39.22.90.94.60.4Debt ratioFixed assets ratioCurrent ratioD/E ratio3768.352.952.654.944.8%64.263.767.53864.450.0287.9328.3297.5312.2462.239times0.30.30.30.340 1. Interest-bearing debt - Loans payable, Bonds payable41 2. Ratios - ROA Is calculated by using "Ordinary income / Total assets" until 2015 and "Profit attributable to owners of parent / Total assets" from 2016 onwards.0.242001700102010Data0000Ready Accessibility: UnavailableO Type here to search39°FG 40 ENC

The answer has been mentioned below.

Answered: 366,939 323,664 41,546 55,671 231,261…

Business

Accounting

366,939 323,664 41,546 55,671 231,261 202.930 135,678 120,734 106,150 103.013 29,527 17,720

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Ma4. Question 42. The cost of inventory that has been sold to customers is called: A. cost of goods sold, and it appears on the income statement. B.inventory, a current asset that appears on the balance sheet. C.inventory, a current asset that appears on the income statement. D.cost of goods sold, and it appears on the balance sheet. Question 43. ABC Company sold $120,000 of goods and accepted the customer's $120,000 10%, 1- year note in exchange. Assuming 10% approximates the market rate of return, how much interest would be recorded for the year ending December 31 if the sale was made on June 30? A.12,000 B. 3,000 C.0 D. 6,000 Question 44 Under the allowance method of recognizing uncollectible accounts, the entry to write off an uncollectible account A.increases the allowance for uncollectible accounts. B.has no effect on the allowance for uncollectible accounts. C.decreases net income. D. has no effect on net income.
38 BB Corp.’s accounts receivable subsidiary ledger shows the following information: Customer Account BalanceDecember 31, 2022 Sales Invoices Date Amount Pray Inc. P 35,180 12/6/2022 P 14,000 11/29/2022 21,180 Patience Co. 20,920 9/27/2022 12,000 8/20/2022 8,920 Love Corp. 30,600 12/8/2022 20,000 10/25/2022 10,600 Happy Co. 45,140 11/17/2022 23,140 10/9/2022 22,000 Kindness Corp. 31,600 12/12/2022 19,200 12/2/2022 12,400 Gentleness Inc. 17,400 9/12/2022 17,400 The estimated bad debts rates below are based on BB’s receivable collection experience. Age of Accounts Rate 0 -30 days 1.00% 31- 60 days 1.50% 61-90 days 3.00% 91 - 120 days 10.00% over 120 days 50.00% The allowance for bad debts had beginning balance of P6,500. Statement 1: The net realizable value of the accounts receivable at December 31, 2022 is P165,170. Statement 2:…
CP 13–5The following data are taken from the records of Cronkite Corp.:2019$2,5201,890630510$ 1202018$1,440960480430$ 50SalesCost of goods soldGross profitOther expensesNet incomeRequired: Perform horizontal analysis on the above date and interpretyour results
BUS 038 : Business Computations13 Which type of discount (trade discount or cash discount) is given as an incentive to pay the seller promptly? 14. Series discounts are a form of trade discount. (T or F) For Problems 15-19 assume that you purchase goods with a list price of $455 and a trade discount of 25%. The invoice is dated October 3 with terms of 3/15, n/45. 15. What is the net price after trade discount?
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2.62 For the period 2001–2008, the Bristol-Myers Squibb Company, Inc. reported the following amounts (in billions of dollars) for (1) net sales and (2) advertising and product promotion. The data are also in the fi le XR02062. Source: Bristol-Myers Squibb Company, Annual Reports, 2005, 2008. Year Net Sales Advertising/Promotion 2001 $16.612 $1.201 2002 16.208 1.143 2003 18.653 1.416 2004 19.380 1.411 2005 19.207 1.476 2006 16.208 1.304 2007 18.193 1.415 2008 20.597 1.550 For these data, construct a line graph that shows both net sales and expenditures for advertising/product promotion over time. Some would suggest that increases in advertising should be accompanied by increases in sales. Does your line graph support this?
INCOME STATEMENT Year ended June 30 2022 2021 $'000 $'000Revenue 22450 18675Cost of sales 8475 8055Gross Profit 13975 10620Distribution costs 4245 3120Administrative expenses 1276 2134Selling expenses…
E23.10B (L0 1,4) (Classification of Transactions) Following are selected balance sheet accounts of BioLazer Corp. at December 31, 2020 and 2019, and the increases or decreases in each account from 2019 to 2020. Also presented is selected income statement information for the year ended December 31, 2020, and additional information. Increase Selected balance sheet accounts 2020 2019 (Decrease)AssetsAccounts receivable $154,000 $120,000 $34,000Property, plant, and equipment 631,000 581,000 50,000Accumulated…
the sales ledger and purchase ledger junta ltd as at 31 may 2020. purchase ledger balances as 1 june 2020 $19,420sales ledger balance as 1 june 2020 $28,227purchase journal $210,416sales journal $305,824returns outwards $1,452returns inwards $3,618cheques paid to suppliers $205,751cash paid to supplier $62cheques ans cash received from customers $287,317discount allowed $4,102discount received $1,721contras against purchase ledger $640 1) Sales ledger control2)Puchase ledger control
Net Sales 36000 Commission received 6430 Interest received 3570 Cost of goods sold 7400 Dividends received 2220 From the above information the total income will be: a.OMR 41280 b.OMR 42820 c.OMR 48220 d.OMR 40820 Fast plz***********
PROBLEM 2Determine the missing elements of the Income Statement. Replace the letters with your answers.The partial income statements of five different companies are as follows: 12345 Net SalesAD250,000290,000400,000 Merchandise Inventory, 1/1/2020B50,00070,000J120,000 Net Cost of Purchases80,000EG160,000390,000 Goods Available for Sale110,000160,000HKM Merchandise Inventory, 1/1/202040,000F30,00070,000N Cost of Goods SoldC140,000230,000L380,000 Gross Profit50,00040,000I160,000O
4. B Corp.’s accounts receivable subsidiary ledger shows the following information: Customer Account BalanceDecember 31, 2022 Sales Invoices Date Amount Pray Inc. P 35,180 12/6/2022 P 14,000 11/29/2022 21,180 Patience Co. 20,920 9/27/2022 12,000 8/20/2022 8,920 Love Corp. 30,600 12/8/2022 20,000 10/25/2022 10,600 Happy Co. 45,140 11/17/2022 23,140 10/9/2022 22,000 Kindness Corp. 31,600 12/12/2022 19,200 12/2/2022 12,400 Gentleness Inc. 17,400 9/12/2022 17,400 The estimated bad debts rates below are based on BB’s receivable collection experience. Age of Accounts Rate 0 -30 days 1.00% 31- 60 days 1.50% 61-90 days 3.00% 91 - 120 days 10.00% over 120 days 50.00% The allowance for bad debts had beginning balance of P6,500. Statement 1: The net realizable value of the accounts receivable at December 31, 2022 is P165,170. Statement 2:…