Homework Answers
Hi, See below
| Multi step income comparitive statement of Dayton Inc | ||
| Particulars | 2019 | 2018 |
| Sales revenue | 1,050,000 | 735,000 |
| Less: Cost of Goods sold - See note 1 below | 270,000 | 189,000 |
| Gross Profits | 780,000 | 546,000 |
| - | ||
| Less: Operating expenses | - | |
| Selling expenses | 50,000 | 35,000 |
| General and administrative expenses | 120,000 | 84,000 |
| Other operating expenses | 115,000 | 80,500 |
| Depreciation expenses | 150,000 | 105,000 |
| Total Operating expenses | 435,000 | 304,500 |
| - | ||
| Operating profits | 345,000 | 241,500 |
| Less: Interest expense | 100,000 | 70,000 |
| Net profit before taxes | 245,000 | 171,500 |
| Less: Preferred stock dividends | 20,000 | 14,000 |
| Earnings available for common stcokholders | 225,000 | 157,500 |
|
Earnings per share (225000/75000) (157500/75000) |
3.00 | 2.10 |
|
Dividend per share (99000/75000 shares) (100000/75000 shares) |
1.32 | 1.33 |
| All the numbers above are assumed. | ||
| Note 1: Based on assumptions | ||
| Opening inventory | 70000 | |
| Add: Purchases | 310000 | |
| Less: Closing inventory | -110000 | |
| Cost of Goods sold | 270000 | |
| Shares outstanding 2018(Assumed) | 75000 | |
| Shares outstanding 2019( Assumed) | 75000 |
| Common size income statement of Dayton Inc | ||||
| Particulars | 2019 | % | 2018 | % |
| Sales revenue | 1,050,000 | 100% | 735,000 | 100% |
| Less: Cost of Goods sold - See note 1 below | 270,000 | 26% | 189,000 | 26% |
| Gross Profits | 780,000 | 74% | 546,000 | 74% |
| - | ||||
| Less: Operating expenses | - | |||
| Selling expenses | 50,000 | 5% | 35,000 | 5% |
| General and administrative expenses | 120,000 | 11% | 84,000 | 11% |
| Other operating expenses | 115,000 | 11% | 80,500 | 11% |
| Depreciation expenses | 150,000 | 14% | 105,000 | 14% |
| Total Operating expenses | 435,000 | 41% | 304,500 | 41% |
| - | ||||
| Operating profits | 345,000 | 33% | 241,500 | 33% |
| Less: Interest expense | 100,000 | 10% | 70,000 | 10% |
| Net profit before taxes | 245,000 | 23% | 171,500 | 23% |
| Less: Preferred stock dividends | 20,000 | 2% | 14,000 | 2% |
| Earnings available for common stcokholders | 225,000 | 21% | 157,500 | 21% |
|
Earnings per share (225000/75000) (157500/75000) |
3.00 | 2.10 | ||
|
Dividend per share (99000/75000 shares) (100000/75000 shares) |
1.32 | 1.33 | ||
| All the numbers above are assumed. |
Add Answer to:
a. Create a spreadsheet similar to Table 3.1 to model the following: (1) A multiple-step comparative...
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Using the tables (pictured) below, conduct a complete ratio
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should assess the firm’s liquidity, activity, debt, and
profitability ratios. Highlight any particularly positive or
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A common-size income statement for Creek Enterprises' 2018 operations follows: Creek Enterprises Income Statement for the Year Ended December 31, 2018 Sales revenue ($34,966,000) 100.0 % Less: Cost of goods sold 65.6 Gross profits 34.4 % Less: Operating expenses Selling expense 12.7 % General and administrative expenses 6.3 Lease expense 0.5 Depreciation expense ...
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Same Table for each question. Thank you! Please use the attached balance sheet and income statements...
Same Table for each question.
Thank you!
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P3-19 Common-size statement analysis A common-size income statement for Creek Enterprises 2018 operations follows. Using the...
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(Click on the icon located on the top-right corner of the data table below in order...
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Homework - Terra Stone - Google Chrome math.com/StudentPlayhomeworkshomeword=551107122&question de fushede de7827 centerwinyes pring 1 Term 2020...
Homework - Terra Stone - Google Chrome math.com/StudentPlayhomeworkshomeword=551107122&question de fushede de7827 centerwinyes pring 1 Term 2020 - College wide and BLC Terra Stone & 01/15/20 1:27 lomework: Chapter 3 Homework core: 0 of 1 pt 20f 4 (0 complete) HW Score: 0%, 0 of 3-19 (similar to) IE Question Help Common size statement analysis A common size income statement for Creek Enterprises 2018 operations follows Using the firm's 2019 income statement develop the 2019 common se income statement and compare...
Using the tables (pictured) below, conduct a complete ratio
analysis of the Bartlett Company for the years 2018 and 2019. You
should assess the firm’s liquidity, activity, debt, and
profitability ratios. Highlight any particularly positive or
negative developments that you uncover when comparing ratios from
2018 to 2019.
Bartlett Company Income Statements ($000) For the Years Ended December 31 2019 2018 Sales revenue $3,080 $2,590 Less: Cost of goods sold 2,086 1,705 Gross profits $994 $885 Less: Operating expenses Selling...
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...
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need help on this question.
Creek Enterprises Income Statement for the Year Ended December 31, 2018 Sales revenue ($34,963,000) Less Cost of goods sold Creek Enterprises Income Statement for the Year Ended December 31, 2019 Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses 1000 % $29,980,000 20,995,000 $8,985,000 338 % Less: Operating expenses Seling experse General and administrative expenses 13.3 % $3.041,000 1,774,000 193,000 979,000 Seling expense General and administrative expenses 04 3.6 Lease expense...
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Same Table for each question.
Thank you!
Please use the attached balance sheet and income statements to calculate. Cash flow from operation activity for 2019 is 2018 2019 2018 2019 Assets Liabilities & Equity Current liabilities: Current assets: Cash and marketable securities $ 10 $ 5 19 Accounts receivable $ 5 Accrued wages and taxes 20 Accounts payable 36 Notes payable Inventory - $ 53 Total $ 61 Total $ 34 S 40 Fixed assets: $ 53 $ 57 Gross...
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