Financial Accounting, Student Value Edition (4th Edition)
Financial Accounting, Student Value Edition (4th Edition)
4th Edition
ISBN: 9780134114811
Author: Robert Kemp, Jeffrey Waybright
Publisher: PEARSON
Question
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Chapter 12, Problem 1FA

1.

To determine

Prepare a vertical analysis on the consolidated income statement for all three years and discuss the benefit in this analysis.

To determine

Prepare a horizontal analysis on the consolidated income statement for two years and discuss the benefit in this analysis.

2.

To determine

Using Company CS consolidated income statement to find out basic EPS for each fiscal year and EPS increased or decreased over the three years, and tell for what reason EPS keeps changing.

3.

To determine

Compute net working capital, current ratio, quick ratio, return on sales and return on equity for last two years and state liquidity improved or deteriorated.

4.

To determine

Compute dividend yield and price earnings ratio for the current year, and state whether industry average PE ratio was 24 times earnings and the dividend yield was 1.5% for the industry.

Blurred answer

Chapter 12 Solutions

Financial Accounting, Student Value Edition (4th Edition)

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