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1. For the Derkins Corporation, in a horizontal analysis, what is the relative change in revenue for year 2? Round your answer to three decimal

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1. For the Derkins Corporation, in a horizontal analysis, what is the relative change in revenue for year 2? Round your answer to three decimal places and enter as a number not as a percentage (e.g. 0.209 not 20.9%).

2.For the Derkins Corporation, in a vertical analysis, what is the amount of property and equipment for year 3 relative to total assets? Round your answer to three decimal places and enter as a number not as a percentage (e.g. 0.209 not 20.9%).

3.For the Derkins Corporation, what is the company's current ratio for year 1? Round your answer to two decimal places.

4.For the Derkins Corporation, what is the company's liabilities to stockholders' equity ratio for year 2? Round your answer to two decimal places.

5. For the Derkins Corporation, the company's liquidity is generally getting ________ over the three year period. (Better? or Worse?)

6.For the Derkins Corporation, the company's solvency is generally getting ________ over the three year period. (Better? or Worse?)

7.For the Derkins Corporation, what is the company's return on investment ratio for year 3? Round your answer to three decimal places and enter as a number not as a percentage (e.g. 0.209 not 20.9%).

8.For the Derkins Corporation, the company's profitability is generally getting ________ over the three year period. (better? Worse?)

9.If the Derkins Corporation purchased $750 of inventory on account, its current ratio would_____? (Improve? get worse? not change?)

10. If the Derkins Corporation purchased $750 of inventory on account, its net income percentage would______? (Improve? get worse? not change?)

The Derkins Corporation had the following information available Year 3 Year 2 Year 1 Income Statement Revenue Cost of goods sold Selling & admin. expenses Interest expense Net Income 30,848 23,122 6,082 504 1,140 27,433 20,938 5,053 458 984 25,512 19,875 4,672 350 615 Balance Sheet Assets Cash Accounts receivable Inventory Property and equip. (net)3,281 681 506 3,200 354 587 2,627 2,810 6,378 589 412 2,245 2,514 5,760 Total Assets 7,668 Liabilities Accounts payable Unredeemed gift cards Long-term liabilities 373 469 3,234 358 410 2,824 280 385 2,643 Stockholders Equity Common stock Retained earnings 985 2,607 7,668 985 1,801 6,378 985 1,467 5,760 Total Liabilities and Equity

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