Homework Answers
| A | B=(A/260174000)*100 | C | D=(C/265595000)*100 | |||
| 9/28/2019 | Common Size % | 9/29/2018 | Common Size % | |||
| Total Revenue | $260,174,000 | 100.0% | $265,595,000 | 100.0% | ||
| Less: Cost of Revenue | $161,782,000 | 62.2% | $163,756,000 | 61.7% | ||
| Gross profit | $98,392,000 | 37.8% | $101,839,000 | 38.3% | ||
| OPERATING EXPENSES: | ||||||
| Research and Development | $16,217,000 | 6.2% | $14,236,000 | 5.4% | ||
| Sales ,General and Admin. | $18,245,000 | 7.0% | $16,705,000 | 6.3% | ||
| Non-Recuring item | $0 | 0.0% | $0 | 0.0% | ||
| Other Operating Items | $0 | 0.0% | $0 | 0.0% | ||
| Total Operating Expense | $34,462,000 | 13.2% | $30,941,000 | 11.6% | ||
| Operating Income | $63,930,000 | 24.6% | $70,898,000 | 26.7% | ||
| Interest Income and Dividend(in excess of interest expense) | $1,807,000 | 0.7% | $2,005,000 | 0.8% | ||
| Earning before interest and taxes | $65,737,000 | 25.3% | $72,903,000 | 27.4% | ||
| Interest expense | $0 | 0.0% | $0 | 0.0% | ||
| Earning before taxes | $65,737,000 | 25.3% | $72,903,000 | 27.4% | ||
| Income Tax | $10,481,000 | 4.0% | $13,372,000 | 5.0% | ||
| Minority Interest | $0 | 0.0% | $0 | 0.0% | ||
| Equity earning Less Unconsolidated Subsidiary | $0 | 0.0% | $0 | 0.0% | ||
| Net Income. Cont Operation | $55,256,000 | 21.2% | $59,531,000 | 22.4% | ||
| Net Income | $55,256,000 | 21.2% | $59,531,000 | 22.4% | ||
| Net Income applicable to common shareholders | $55,256,000 | 21.2% | $59,531,000 | 22.4% | ||
| Shares Outstanding | ||||||
| Fully Diluted | 4,648,910 | 5,000,109 | ||||
| Earnings Per Share-fully diluted | $11.89 | $11.91 | ||||
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X PERIOD ENDING: 1 Apple Inc. PERIOD ENDING: 9/28/19 Common Size % 9/29/18 Common Size %...
Marnus Inc Income Statement For the Financial Year ended Statement values in 000's Period Ending: 12/31/19...
Marnus Inc Income Statement For the Financial Year ended Statement values in 000's Period Ending: 12/31/19 12/31/18 Total Revenue (Net Revenue) $150,000,000 $140,000,000 Cost of Revenue (CoGS) ($130,000,000) ($123,000,000) $20,000,000 $17,000,000 Gross Profit Operating Expenses Sales, General and Admin. $9,000,000 $10,000,000 $0 $0 Other Operating Items Total Operating Exp ($9,000,000) ($10,000,000) $11,000,000 $7,000,000 Operating Income (or loss) Interest Expense ($1,000,000) ($800,000) $10,000,000 $6,200,000 Earnings Before Tax ($4,000,000) ($5,000,000) Income Tax Net Income (or loss) $5,000,000 $2,200,000 12/31/19 12/31/18 Dividends declared...
Home Depot, Inc. Common Size Statement of Earnings Jan. 28, 2018 Jan 29, 2017 Jan, 31,2016...
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Common-Size and Forecast Income Statements Refer to the income statements for The Gap, Inc., presented below....
Common-Size and Forecast Income Statements Refer to the income statements for The Gap, Inc., presented below. a. Prepare common-size income statements for fiscal years 2017 (ending February 3, 201 Round answers to one decimal place (i.e., 0.2568 = 25.7%). The Gap, Inc. Common-Size Income Statements Fiscal year ended Feb. 3, 2018 Jan. 28, 2017 Net sales $15,855 100 % $15,516 100 % Cost of goods sold & occupancy expenses 9,789 61.796 9,876 63.7 96 Gross profit 6,066 38.3 % 5,640...
1. a)Net Working Capital FYE 1/28/18 FYE 2/3/19 b)Net Operating Working Capital FYE 1/28/18 ...
1.
a)Net Working Capital
FYE 1/28/18
FYE 2/3/19
b)Net Operating Working Capital
FYE 1/28/18
FYE 2/3/19
c)After Tax Operating Income
FYE 1/28/18
FYE 2/3/19
d)Free Cash Flow
FYE 2/3/19
2.
Ratio Analysis
Based on the financial statements of Home Depot for the fiscal
year that ended February 3, 2019, calculate the following ratios
for the last two fiscal years and indicate whether they are getting
better or worse:
a) Current Ratio (x)
FYE 1/28/18
FYE...
Learning Goals 5 P3–19 Common-size statement analysis A common-size income statement for Creek Enterprises' 2018 operations...
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Please solve and show the work for this information below. Home Depot, Inc. Common Size Statement...
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Common-size statement analysis A common-size income statement for Creek Enterprises' 2018 operations follows E Using the...
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Prepare a “common sized” income statement and balance sheet for the most recently reported fiscal year.(...
Prepare a “common sized” income statement and balance sheet for the most recently reported fiscal year.( for Nordstorm Inc.) for the last three year. Income Statement All numbers in thousands Revenue 2/2/2019 2/3/2018 1/28/2017 1/30/2016 Total Revenue 15,860,000 15,478,000 14,757,000 14,437,000 Cost of Revenue 10,155,000 9,890,000 9,440,000 9,333,000 Gross Profit 5,705,000 5,588,000 5,317,000 5,104,000 Operating Expenses Research Development - - - - Selling General and Administrative 4,796,000 4,662,000 4,315,000 3,957,000 Non Recurring - - - - Others - - -...
Construct a common-size income statement. Check figure: NPAT for 2012 should be 4.0% Be sure to...
Construct a common-size income statement. Check figure: NPAT for 2012 should be 4.0% Be sure to indicate if each account is "better" or "worse" compared to the previous year. P3-19 Common-size statement analysis A common-size income statement for Creek Enterprises' 2011 operations follows. Using the firm's 2012 income statement pre- sented in Problem 3-18, develop the 2012 common-size income statement and com- pare it to the 2011 statement. Which areas require further analysis and investigation? Creek Enterprises Common-Size Income Statement...
Calculate the RATIO of the following: Marnus Inc Income Statement For the Financial Year ended 12/31/19...
Calculate the RATIO of the following:
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Marnus Inc Income Statement For the Financial Year ended Statement values in 000's Period Ending: 12/31/19 12/31/18 Total Revenue (Net Revenue) $150,000,000 $140,000,000 Cost of Revenue (CoGS) ($130,000,000) ($123,000,000) $20,000,000 $17,000,000 Gross Profit Operating Expenses Sales, General and Admin. $9,000,000 $10,000,000 $0 $0 Other Operating Items Total Operating Exp ($9,000,000) ($10,000,000) $11,000,000 $7,000,000 Operating Income (or loss) Interest Expense ($1,000,000) ($800,000) $10,000,000 $6,200,000 Earnings Before Tax ($4,000,000) ($5,000,000) Income Tax Net Income (or loss) $5,000,000 $2,200,000 12/31/19 12/31/18 Dividends declared...
Home Depot, Inc. Common Size Statement of Earnings Jan. 28, 2018 Jan 29, 2017 Jan, 31,2016 $ 100,904$ 94,595 $88,51 Net sales Cost of sales Gross proft 66,54B 17,864 4,68 62 282 30 265 Selling, general and administrative Depreciation and amortization 17,132 16,801 Operating income Interest and other Oncome) expense: nterest and investment income Interest experse nterest and other, net Earnings before provision for income taxes Provision for income taxes Net earnings 36 972 166 963 13,698 491 1,021 7...
Common-Size and Forecast Income Statements Refer to the income statements for The Gap, Inc., presented below. a. Prepare common-size income statements for fiscal years 2017 (ending February 3, 201 Round answers to one decimal place (i.e., 0.2568 = 25.7%). The Gap, Inc. Common-Size Income Statements Fiscal year ended Feb. 3, 2018 Jan. 28, 2017 Net sales $15,855 100 % $15,516 100 % Cost of goods sold & occupancy expenses 9,789 61.796 9,876 63.7 96 Gross profit 6,066 38.3 % 5,640...
1.
a)Net Working Capital
FYE 1/28/18
FYE 2/3/19
b)Net Operating Working Capital
FYE 1/28/18
FYE 2/3/19
c)After Tax Operating Income
FYE 1/28/18
FYE 2/3/19
d)Free Cash Flow
FYE 2/3/19
2.
Ratio Analysis
Based on the financial statements of Home Depot for the fiscal
year that ended February 3, 2019, calculate the following ratios
for the last two fiscal years and indicate whether they are getting
better or worse:
a) Current Ratio (x)
FYE 1/28/18
FYE...
Learning Goals 5 P3–19 Common-size statement analysis A common-size income statement for Creek Enterprises' 2018 operations follows. Using the firm's 2019 income statement presented in Problem 3–169, develop the 2019 common-size income statement and compare it with the 2018 statement. Which areas require further analysis and investigation? Creek Enterprises Common-Size Income Statement for the Year Ended December 31, 2018 Sales revenue ($35,000,000) 100.0% Less: Cost of goods sold 65.9 Gross profits 34.1% Less: Operating expenses Selling expense 12.7% General and...
Common-size statement analysis A common-size income statement for Creek Enterprises' 2018 operations follows E Using the firm's 2019 income statements, develop the 2019 common-size income statement and compare it to the 2018statement. Which areas require further analysis and investigation? Complete the common-size income statement for the year ending December 31, 2019 and compare it to the common-size income statement for the year ending December 2018: (Round to one decimal place.) 100.0 % 66.0 34.0 % Creek Enterprises Common-Size Income Statement...
Construct a common-size income statement. Check figure: NPAT for 2012 should be 4.0% Be sure to indicate if each account is "better" or "worse" compared to the previous year. P3-19 Common-size statement analysis A common-size income statement for Creek Enterprises' 2011 operations follows. Using the firm's 2012 income statement pre- sented in Problem 3-18, develop the 2012 common-size income statement and com- pare it to the 2011 statement. Which areas require further analysis and investigation? Creek Enterprises Common-Size Income Statement...
Calculate the RATIO of the following:
Marnus Inc Income Statement For the Financial Year ended 12/31/19 $150,000,000 ($130,000,000) $20,000,000 12/31/18 $140,000,000 ($123,000,000) $17,000,000 $9,000,000 $10,000,000 Statement values in 000's Period Ending: Total Revenue (Net Revenue) Cost of Revenue (COGS) Gross Profit Operating Expenses Sales, General and Admin. Other Operating Items Total Operating Exp Operating Income (or loss) Interest Expense Earnings Before Tax Income Tax Net Income (or loss) $0 $0 | ($9,000,000) $11,000,000 ($1,000,000) $10,000,000 ($5,000,000) $5,000,000 ($10,000,000) $7,000,000 ($800,000)...
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