You have been asked to analyze the financial statements of the Dayton Corporation for the two years ending 2015 and 2016.

Questions

a. Create a comparative balance sheet for the years 2016 and 2015, similar to the spreadsheet for Table 7.3, which can be viewed at http://www.myfinancelab.com.

b. Create a comparative income statement for the years 2016 and 2015, similar to the spreadsheet for Table 7.4, which can be viewed at http://www.myfinancelab.com.

c. Create a spreadsheet to calculate the listed financial ratios for both 2016 and 2015, similar to the spreadsheet for Table 7.6, which can be viewed at http://www.myfinancelab.com.

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O A 1 2 3 4 Net sales B Dayton Corporation Financial Data 2015 $47,715 5 Cost sales 6 SG&A expenses 7 Depreciation expense 8 Interest expense 9 Tax expense 10 Cash & equivalents 11 Receivables 12 Inventory 13 Other current assets 14 Plant & equipment $27,842 $ 8,090 2016 $40,363 $21,485 $ 7,708 $ 628 $ 555 $ 754 $ 792 $ 3,120 $ 3,002 $ 2,144 $ 2,536 $ 5,215 $ 5,017 $ 3,579 $ 2,022 $18,956 15 Accumulated depreciation $ 5,853 $ 3,021 $ 2,777 $16,707 $ 5,225 16 Intangible assets $ 7,746 $ 7,374 17 Other non-current assets $10,465 $ 7,700 18 Payables $ 5,108 $ 4,361 19 Short-term notes payable $ 4,066 $ 3,319 20 Other current liabilities $ 2,369 $ 2,029 21 Long-term debt $ 4,798 $ 3,600 22 Other non-current liabilities $ 4,837 $ 5,020 23 Common stock 24 Retained earnings 25 Common shares outstanding 26 Current market price of stock $ 6,776 $16,050 $ 6,746 $14,832 $ 2,300 $ 2,300 $ 45 $ 45 D E