. Review the summarized consolidated statementof income for the manufacturing company whosedata is shown in Table 6.5. Use graphics softwareto prepare a set of bar charts that shows the datafor this year compared with the data for last year.a. This year, operating revenues increased by1.5 percent, while operating expensesincreased 1.0 percent.b. Other income and expenses decreased to$12,000.c. Interest and other charges increased to$285,000.TABLE 6.5 Operating results for amanufacturing firmOperating results (in millions)Operating Revenues $2,924,100Operating Expenses (includingtaxes)2,483,600Operating Income 440,500Other Income and Expenses 13,400Income before Interest and OtherCharges453,900Interest and Other Charges 262,800Net Income 191,100Average Common SharesOutstanding145,000Earnings per Share 1.32© 2016 Cengage Learning336 PART 3 • Business Information SystemsCopyright 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.If you were a financial analyst tracking this company, what additional data might you need toperform a more complete financial analysis? Writea brief memo summarizing your data needs.
. Review the summarized consolidated statement
of income for the manufacturing company whose
data is shown in Table 6.5. Use graphics software
to prepare a set of bar charts that shows the data
for this year compared with the data for last year.
a. This year, operating revenues increased by
1.5 percent, while operating expenses
increased 1.0 percent.
b. Other income and expenses decreased to
$12,000.
c. Interest and other charges increased to
$285,000.
TABLE 6.5 Operating results for a
manufacturing firm
Operating results (in millions)
Operating Revenues $2,924,100
Operating Expenses (including
taxes)
2,483,600
Operating Income 440,500
Other Income and Expenses 13,400
Income before Interest and Other
Charges
453,900
Interest and Other Charges 262,800
Net Income 191,100
Average Common Shares
Outstanding
145,000
Earnings per Share 1.32
© 2016 Cengage Learning
336 PART 3 • Business
Copyright 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
If you were a financial analyst tracking this company, what additional data might you need to
perform a more complete financial analysis? Write
a brief memo summarizing your data needs.
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