Fill in thr blanks on the table below and show the formulas used for each valueDayton, Inc. Annual Income Statement (Values in Millions) Common Size 2019201820192018 Sales $ 178,909 $ 187,510100.0%100.0% Cost of Sales 111,631 59.5% Gross Operating Profit $ 75,879 40.5% Selling, General & Admin. Expense 12,900 6.9% Other Expenses 33,377 17.8% EBITDA $ 29,602 15.8% Depreciation & Amortization 7,944 4.2% EBIT $ 21,658 11.6% Other Income, Net 3,323 1.8% Earnings Before Interest and Taxes $ 24,981 13.3% Interest Expense 293 0.2% Earnings Before Taxes $ 24,688 13.2% Income Taxes 5,184 0.21tax rateNet Income Available to Common $ 19,504 10.4% Dividends per share $ 1.15 $ 0.91 EPS ADDITIONAL INFORMATION Computation of 2019 Cost of Sales: Beginning Inventory $ 7,904 Purchases109,865 Goods Available $ 117,769 Cost of Sales109,701 Ending Inventory $ 8,068

Under common size analysis of income statement, all items of income statement except tax expense are…

Answered: ill in thr blanks on the table below…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PB

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Fill in thr blanks on the table below and show the formulas used for each value

Dayton, Inc.
Annual Income Statement (Values in Millions)
			Common
			Size
	2019	2018	2019	2018
Sales	$ 178,909	$ 187,510	100.0%	100.0%
Cost of Sales		111,631		59.5%
Gross Operating Profit		$ 75,879		40.5%
Selling, General & Admin. Expense		12,900		6.9%
Other Expenses		33,377		17.8%
EBITDA		$ 29,602		15.8%
Depreciation & Amortization		7,944		4.2%
EBIT		$ 21,658		11.6%
Other Income, Net		3,323		1.8%
Earnings Before Interest and Taxes		$ 24,981		13.3%
Interest Expense		293		0.2%
Earnings Before Taxes		$ 24,688		13.2%
Income Taxes		5,184			0.21	tax rate
Net Income Available to Common		$ 19,504		10.4%

Dividends per share	$ 1.15	$ 0.91
EPS


ADDITIONAL INFORMATION
Computation of 2019 Cost of Sales:
Beginning Inventory	$ 7,904
Purchases	109,865
Goods Available	$ 117,769
Cost of Sales	109,701
Ending Inventory	$ 8,068

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