Question
6. Azua Corporation has the following balance sheet and income statement for 2020 and 2021.Basedon thesedata, computeandperform; a) Comparativeincomestatementanalysis b) Comparativepositionstatementanalysis c) Commonsizeanalysis d)
6. Azua Corporation has the following balance sheet and income statement for 2020 and 2021.Basedon thesedata, computeandperform; a) Comparativeincomestatementanalysis b) Comparativepositionstatementanalysis c) Commonsizeanalysis d) Common-baseyearanalysis(use2021 ascommonyearbase) e) Combinedcommon-size&baseyearanalysis 1) Ratioanalysis 2020 2021 2020 2021 Assets Cash Receivables 100 150 Revenue 2500 3200 200 250 Costofsales (1,875 (2,400) ) Inventory 150 100 Gross Profit 625 800 Supplies 75 50 Sellingexpenses (62.5) (80.0) Prepayments 25 20 Adminexpenses (93.75 (120.00) PPE Goodwill 1200 1500 Operatingincome 468.75 600.00 300 270 Interest (46.88 (60.00) ) TotalAssets 2050 2340 Earningbeforetax 421.88 540.00 Liabilities Tax (126.56 ) (162.00) Accrued payables 300 Accountspayables 400 250 340 Aftertax income 295.31 378.00 Longtermloan 750 700 Equity PaidinCapital 600 600 Retainedearnings 150 300 TotalLib.&Capital 2050 2340
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Using Excel & Access for Accounting 2010
Authors: Glenn Owen
3rd edition
1111532672, 978-1111532673
