BOARD ACTIVITY Instructions: 2014 Horizontal Vertical 2015 Make a Horizontal Analysis Analysis Analysis and Vertical Analysis for Revenue 1,939,500 1,674,675 1. 7. the given SCI. Cost of Goods Sold 900,000 843,975 8. Gross Profit 1,039,500 830,700 3. 9. 10. Selling and General Expenses 445,500 409,725 ur Other Expenses 37,575 30,825 giv 11. Net Income 556,425 390,150 12.
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- Choose the letter of the correct answer and pls provide solution thanks Determine the sales or cost of good sold of a firm given the following information: Current ratio = 1.4; Acid-test Ratio = 1.2; Current Liabilities = P1,600.00; Inventory Turnover ratio = 8 a. P1,260.00b. P1,560.00c. P2,260.00d. P2,560.00e. P3,260.00Goods placed in process during 20x1? Cost of goods manufactured during 20x1? Prime cost during 20x1? Conversion cost during 20x1? Goods available for sale during 20x1? Cost of goods sold during 20x1? Gross margin for 20x1? Net income for 20x1?5 - When vertical analysis is applied to the income statement of a business with a net sales of TL 1,000,000 and a cost of goods sold of TL 850,000, the vertical analysis value of the cost of goods sold (%) is which of the following? a) 85 B) 75 NS) 45 D) 65 TO) 25
- GIVE THE COMPARATIVE INCOME STATEMENT VERTICAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - - 14.57% 1.02%…Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $418,000 Cost of goods sold 121,220 Gross profit 296,780 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth CorporationVertical Analysis of the Income Statement Amount Percentage Sales $418,000 fill in the blank 1% Cost of goods sold 121,220 fill in the blank 2 Gross profit $296,780 fill in the blank 3%COMPANY A INCOME STATEMENT: VERTICAL ANALYSIS COMPANY A COMPANY B SALES REVENUE 100% 100% LESS: COST OF GOOD SOLD 62.40% 71.20% GROSS PROFIT 37.60% 28.80% LESS: OPERATING EXPENSES 18.20% 16.10% OPERATING INCOME 19.40% 12.70% LESS: INTEREST EXPENSE 1.98% 1.60% INCOME BEFORE INCOME TAXES 17.42% 11.10% LESS: INCOME TAX EXPENSE 3.40% 2.98% NET INCOME 14.02% 8.12% using vertical analysis, assess the financial performance of Company A & B with comparison.
- compute net sales, gross profit, and the gross profit ratio for each of the four seperate companies. Round gross margin ratio to one decimal place. carrier lennox trane york sales 150000 550000 38700 255700 sales discounts 5000 17500 600 4800 sales returns and allowances 20000 6000 5100 900 cost of goods sold 79750 329589 24453 126500Gross profit margin ratio: net sales- cost of goods sold/ net sales 386,064- 233,307/ 386,064= .39567= 39.6% (Amazon 2020 year) 280,522- 165,536/ 280,522= .40999= 41% (Amazon 2019 year) 24.1% (Walmart year) Write financial analysis report.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
- Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $204,000 Cost of goods sold 53,040 Gross profit 150,960 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement Amount Percentage Sales $204,000 fill in the blank 1% Cost of goods sold 53,040 fill in the blank 2% Gross profit $150,960 fill in the blank 3%Distinguish between gross profit as a percentage of costand gross profit as a percentage of sales price. Convertthe following gross profit percentages based on cost togross profit percentages based on sales price: 25% and331/3%. Convert the following gross profit percentagesbased on sales price to gross profit percentages based oncost: 331/3% and 60%GIVE THE COMPARATIVE INCOME STATEMENT HORIZONTAL AND VERTICAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - -…
