Company 1Company 2Company 3Company 4Company 52016 Income (£)810,492821,464858,715727,529901,2532017 Income (£)870,281822,829856,212759,778908,5342018 Income (£)863,425820,259858,933802,407903,1182019 Income (£)865,220821,412861,670812,365908,8692020 Income (£)868,532823,003860,244821,228910,024 You are reviewing major competitors' net income over the past 5 year period, with a view to understanding and predicting trends in graphic design companies. You want to understand the increase in net income from 2019 to2020.By dragging and dropping, please RANK the companies from GREATEST increase in net income between 2019 and 2020 to LOWEST increase in net income.12345ABCDECompany 1Company 2Company 3Company 4Company 5●●●●●●●●●

Net IncomeNet income refers to the total amount of profit a company has earned after deducting all…

Company 1 Company 2 Company 3 Company 4 Company 5 2016 Income (£) 810,492 821,464 858,715 727,529 901,253 2017 Income (£) 870,281 822,829 856,212 759,778 908,534 2018 Income (£) 863,425 820,259 858,933 802,407 903,118 2019 Income (£) 865,220 821,412 861,670 812,365 908,869 2020 Income (£) 868,532 823,003 860,244 821,228 910,024

Company 1 Company 2 Company 3 Company 4 Company 5 2016 Income (£) 810,492 821,464 858,715 727,529 901,253 2017 Income (£) 870,281 822,829 856,212 759,778 908,534 2018 Income (£) 863,425 820,259 858,933 802,407 903,118 2019 Income (£) 865,220 821,412 861,670 812,365 908,869 2020 Income (£) 868,532 823,003 860,244 821,228 910,024

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 3.1C

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Question 11: You are reviewing major competitors net Income over the last 5 year period, with a view to understanding and predicting trends in graphic design companies. Company 1 and company 4 are closest geographically to your graphic design company. You want to know if there is a trend over the past five years in the total net income. Company 1 Company 2 Company 3 Company 4 Company 5 2016 Income (2) 810,492 821,464 858,715 727,529 901,253 2017 Income (2) 870,281 822,829 856,212 759,778 908,534 3 c 2018 Income (C) 863,425 820,259 858,933 802,407 903,118 2019 Income (C) 865,220 821,412 861,670 812,365 908,869 2020 Income (C) 868,532 823,003 860,244 821,228 910,024
https://docs.google.com/forms/d/e/1FAlpQLSXorlaxIMYwWjdrexbNIB0F6zOshlaGsSzvcHy9vKm0jUnAg/formResponseipli=1 Income Statement: The income statement of Taco Bell company is given for the years 2020 & 2019. 2020 2019 General and administrative expenses 25,000 24,000 Interest expense 1,200 1.500 Net sales $124,000 $138 000 12,720 11,880 $1,109 5 108.000 Selling expenses Income taxes 1,883 95,000 COGS 450 600 Gain on Sale of land
May I ask for an explanation and solution to the question for a better understanding. Thank you! 18. The following data for the years ended December 31, 2019 and 2020 were presented to the management Zigzag Company: 2020 = Net sales: 1,363,000, Cost of Sales: 911,800, Gross Profit: 451,200; 2019 = Net Sales: 1,250,000, Cost of Sales: 776,000, Gross Profit: 474,000. The management requested you to determine the cause of the decline in gross profit on sales in spite of the favorable information given by the sales division that the quantity sold in 2020 was higher than in 2019 and that the production costs in 2020 were lower than that of 2019 by 6%. The increase (decrease) in net sales due to cost factor is: a. (P135,800) b. P135,800 c. (P58,200) d. P58,200
May I ask for an explanation and solution to the question for a better understanding. Thank you! 17. The following data for the years ended December 31, 2019 and 2020 were presented to the management Zigzag Company: 2020 = Net sales: 1,363,000, Cost of Sales: 911,800, Gross Profit: 451,200; 2019 = Net Sales: 1,250,000, Cost of Sales: 776,000, Gross Profit: 474,000. The management requested you to determine the cause of the decline in gross profit on sales in spite of the favorable information given by the sales division that the quantity sold in 2020 was higher than in 2019 and that the production costs in 2020 were lower than that of 2019 by 6%. The increase (decrease) in net sales due to price factor is: a. (P113,000) b. P113,000 c. (P199,500) d. P199,500
You have recently been employed as a financial analyst for Crusher PLC and have just been provided the most recent financial statements for the 2 years covering 2019 and 2020. The Board of Directors have expressed concerns about the performance of the company and has asked you to analyse the company’s current financial position. The following are the financial statements of Crusher PLC for 2019 and 2020. Income Statement for year ended 31 December 2019 2020 £000 £000 Turnover 17,640 25,690 Cost of Sales (10,100) (16,980) Gross Profit 7,540 8,710 Operating Expenses (3,789) (5,257) Operating Profit 3,751 3,453 Interest Payable - (344) Profit before Taxation 3,751 3,109 Taxation (942) (777) Profit for the year 2,809 2,332 Statement of Financial Position as at 31 December 2019 2020 £000 £000 ASSETS Non-Current Assets 11,120 16,880 Current…
You have recently been employed as a financial analyst for Crusher PLC and have just been provided the most recent financial statements for the 2 years covering 2019 and 2020. The Board of Directors have expressed concerns about the performance of the company and has asked you to analyse the company’s current financial position. The following are the financial statements of Crusher PLC for 2019 and 2020. Income Statement for year ended 31 December 2019 2020 £000 £000 Turnover 17,640 25,690 Cost of Sales (10,100) (16,980) Gross Profit 7,540 8,710 Operating Expenses (3,789) (5,257) Operating Profit 3,751 3,453 Interest Payable - (344) Profit before Taxation 3,751 3,109 Taxation (942) (777) Profit for the year 2,809 2,332 Statement of Financial Position as at 31 December 2019 2020 £000 £000 ASSETS Non-Current Assets 11,120 16,880 Current…
You have recently been employed as a financial analyst for Crusher PLC and have just been provided the most recent financial statements for the 2 years covering 2019 and 2020. The Board of Directors have expressed concerns about the performance of the company and has asked you to analyse the company’s current financial position. The following are the financial statements of Crusher PLC for 2019 and 2020. Income Statement for year ended 31 December 2019 2020 £000 £000 Turnover 17,640 25,690 Cost of Sales (10,100) (16,980) Gross Profit 7,540 8,710 Operating Expenses (3,789) (5,257) Operating Profit 3,751 3,453 Interest Payable - (344) Profit before Taxation 3,751 3,109 Taxation (942) (777) Profit for the year 2,809 2,332 Statement of Financial Position as at 31 December 2019 2020 £000 £000 ASSETS Non-Current Assets 11,120 16,880 Current…
Prepare a vertical analysis scheduleHere is the operating data for Yalis Cleaning, Inc.:2021 2020Service revenue $523,000 $476,000Operating expenses 385,500 319,800Income tax expense 34,375 39,050Net income $103,125 $117,150PurposeThe purpose of this problem is to demonstrate an understanding of preparing a vertical analysis schedule.InstructionsAfter analyzing the transactions, prepare a vertical analysis schedule for the company for 2021 and 2020 using service revenueas the base amount. Round percentages to two decimal places.GuidanceFor formatting guidance, see the vertical analysis examples that are provided in Chapter 13 of the textbook.
May I ask for an explanation and solution to the question for a better understanding. Thank you! 15. The following data for the years ended December 31, 2019 and 2020 were presented to the management Zigzag Company: 2020 = Net sales: 1,363,000, Cost of Sales: 911,800, Gross Profit: 451,200; 2019 = Net Sales: 1,250,000, Cost of Sales: 776,000, Gross Profit: 474,000. The management requested you to determine the cause of the decline in gross profit on sales in spite of the favorable information given by the sales division that the quantity sold in 2020 was higher than in 2019 and that the production costs in 2020 were lower than that of 2019 by 6%. The percent change in volume is: a. 17.50% b. 14.00% c. 25.00% d. 20.00%
K Find online the annual 10-K report for Costco Wholesale Corporation (COST) as of August 30, 2020. a. Compute Costco's net profit margin, total asset turnover, and equity multiplier. b. Verify the DuPont Identity for Costco's ROE. c. Repeat the analysis from parts (a) and (b) using Walmart Stores (WMT) instead. Specifically, use Walmart's data as of January 31, 2020. Based on the DuPont Identity, what explains the difference between the two firms' ROE? a. Compute Costco's net profit margin, total asset turnover, and equity multiplier. The net profit margin is%. (Round to two decimal places.) (Round to two decimal places.) The total asset turnover is The total asset turnover is The equity multiplier is b. Verify the DuPont Identity for Costco's ROE. The ROE is%. (Round to two decimal places.) c. Repeat the analysis from parts (a) and (b) using Walmart Stores (WMT) instead. Specifically, use Walmart's data as of January 31, 2020. The net profit margin is%. (Round to two decimal places.)…
You have been hired as a financial analyst of a firm and your team is working on an independent assessment of XYZ Inc. Your assistant has provided you with the following data for XYZ Inc. and their industry. R r e d : Ratio 2020 2019 2018 2020- Industry Average Inventory Turnover 62.65 42.42 32.25 53.25 Receivables in days 94 63 50 115 Debt to Equity 0.75 0.85 0.90 0.88 Quick Ratio 1.028 1.03 1.029 1.031 Current Ratio 1.33 1.21 1.15 1.25 Required: a) In annual report of firm CEO wrote, we had higher liquidity largely due to an increase in highly liquid current assets (cash, account receivable and short-term marketable securities). Is the CEO correct? b) what can you say about the firm's collection period and inventory turnover?
Income Statement: The income statement of Taco Bell company is given for the years 2020 & 2019. 2020 2019 General and administrative expenses 25,000 24,000 Interest expense 1,200 1,500 Net sales $124,000 $138,000 Selling expenses 11,880 12,720 Income taxes $1,109.5 1,883 COGS 108,000 95,000 Gain on Sale of land 450 600 1. What is the operating profit marain for the company over the years 2020 and + O d) ENG TOSHIBA