TREN Corporation Comparative Income Statements For the years ended December 31, 2015 & 2014 (in Thousand pesos) Increase (decrease) AMOUNT 2014 400,000 280,000 120,000 2015 PERCENT Sales 480,000 364,000 Less: Cost of good sold 116,000 15,000 131,000 12,400 14,400 Gross Income Add: Other Income 9,600 129,600 Total Income Less: Other Expenses Finance Costs 19,000 (Interest) Total Expenses 26,800 104,200 32,334 71,866 19,000 110,600 35,392 75,208 Net Income before Taxes Less: Income Tax Net Income after Taxes Required: 1. Horizontal Analysis Horizontal Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с. 2. Vertical Analysis Vertical Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с.
TREN Corporation Comparative Income Statements For the years ended December 31, 2015 & 2014 (in Thousand pesos) Increase (decrease) AMOUNT 2014 400,000 280,000 120,000 2015 PERCENT Sales 480,000 364,000 Less: Cost of good sold 116,000 15,000 131,000 12,400 14,400 Gross Income Add: Other Income 9,600 129,600 Total Income Less: Other Expenses Finance Costs 19,000 (Interest) Total Expenses 26,800 104,200 32,334 71,866 19,000 110,600 35,392 75,208 Net Income before Taxes Less: Income Tax Net Income after Taxes Required: 1. Horizontal Analysis Horizontal Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с. 2. Vertical Analysis Vertical Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с.
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 1P
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