Samson Corporation reported the following on its comparative income statement: Perform a horizontal analysis of revenues and
Question:
Perform a horizontal analysis of revenues and gross profit both in dollar amounts and in percentages for 2014 and2013.
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Transcribed Image Text:
(in millions) Revenue Cost of sales.. 2013 $12,259 $11,960 $11,500 2014 2012 .4,141 4,040 3,250
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
Increase Decrease Amounts in millions 201...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
McCormick Corp. reported the following on its comparative income statement: Prepare a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentagesfor 2016 and2015. 2014...
-
McDonald Corp. reported the following on its comparative income statement: Prepare a horizontal analysis of revenues and gross profit both in dollar amounts and in percentages for 2017 and 2016. (in...
-
Verifine Corp. reported the following on its comparative income statement: Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018. (In...
-
Write the boldfaced numbers in each problem in scientific notation. The largest of the 50 United States is Alaska, with land area of about 365,482,000 acres, while the smallest is Rhode Island, with...
-
Assume that the print time for a photocopier to copy 20 pages is uniformly distributed between 20.2 and 21.6 seconds. Find the following probabilities for 20 pages: Print time is between 20.4 and...
-
Identify the journal in which each of the following transactions is recorded. 1. Cash sales 2. Payment of cash dividends 3. Cash purchase of land 4. Credit sales 5. Purchase of merchandise on account...
-
While reconciling costing profits with financial profits, capital expenses and losses in financial accounts are (a) Doubled (b) Added (c) Not included (d) Subtracted
-
Preparing Bank Reconciliation, Entries, and Reporting Cash The September 30, 2011, bank statement for Bennett Company and the September ledger accounts for cash are summarized here: No outstanding...
-
Please help with incorrect questions -- red Xs Kim works for a clothing manufacturer as a dress designer. During 2021, she travels to New York City to attend five days of fashion shows and then...
-
Consider the EER diagram for Pine Valley Furniture shown in Figure 3-12. Figure 5-9 looks at a portion of that EER diagram. Let's make a few assumptions about the average usage of the system: There...
-
Your company has some excess cash and would like to invest it in the stock of another company. You investigate several different stocks and are trying to decide which stock companys cash flow. The...
-
Houston Group reported the following revenues and net income amounts: a. Show Houston Group's trend percentages for revenues and net income. Use 2011 as the base year and round to the nearest...
-
Shown below is a STATDISK-generated boxplot of the amounts of money (in millions of dollars) that movies grossed (based on data from the Motion Picture Association of America). What do the displayed...
-
For each of the following independent situations, state whether the following accounting practices are in accordance with or in violation of generally accepted accounting principles. Identify the...
-
Feather Friends, Incorporated, distributes a high-quality wooden birdhouse that sells for $120 per unit. Variable expenses are $60.00 per unit, and fixed expenses total $200,000 per year. Its...
-
How much is the over/underapplied FOH? (PLASTIC PRODUCTS) A company manufactures plastic products for the home and restaurant market. The company also does contract work for other customers and...
-
In the circuit below, identify how the resistors are connected and then identify the quantity that must always be the same for these resistors.
-
Consider two firms that operate in a perfectly competitive market. While producing their products, these firms generate pollution. Assume that it is possible to reduce pollution by adopting an...
-
Hands Insurance Company issued a $90 million, one-year note at 8 percent annual interest (paying one coupon at the end of the year) or with an 8 percent yield. The proceeds, plus $10 million in...
-
In Problems, solve each system of equations. x + 2y + 3z = 5 y + 11z = 21 5y + 9z = 13
-
Summarize the six possible architectures for client/server systems.
-
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required: For each cost incurred at Northwest Hospital,...
-
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. The hospitals Radiology Department is considering replacing an...
-
Several days ago you took your TV set into a shop to have some repair work done. When you later picked up the set, the bill showed a $75 charge for labor. This charge represented two hours of service...
-
A firm purchased a new piece of equipment with an estimated useful life of eight years. The cost of the equipment was $65,000. The salvage value was estimated to be $10,000 at the end of year 8....
-
5. Which of the following is the cheapest for a borrower? a. 6.7% annual money market basis b. 6.7% semi-annual money market basis c. 6.7% annual bond basis d. 6.7% semi-annual bond basis.
-
Waterloo Industries pays 30 percent corporate income taxes, and its after-tax MARR is 24 percent. A project has a before-tax IRR of 26 percent. Should the project be approved? What would your...
Study smarter with the SolutionInn App