Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A B D F G H I J 1 1) Perform the Verticle Analysis on this Income Statement for 2020-2019 0 vu WN CLARUS CORPORATION

image text in transcribed

A B D F G H I J 1 1) Perform the Verticle Analysis on this Income Statement for 2020-2019 0 vu WN CLARUS CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands, except per share amounts) 7 Year Ended December 31, 2019 2020 2018 132.226 S 91,781 224,007 121.751 107,686 229,437 112.537 99,604 212,141 146,212 149.146 80.291 138,179 73,962 77,795 71,428 68.680 13 166 65.151 137 503 2.433 73,861 68,859 65,791 3,934 11,432 8,171 (1,261) 912 (1,358) (93) (1,339) (359) (349) (1.451) (1,698) Sales 9 Domestic sales 10 International sales 11 Total sales 12 Cost of goods sold 13 Gross profit 14 Operating expenses 15 Selling, general and administrative 16 Restructuring charge Transaction costs 17 18 Total operating expenses 19 Operating income 20 21 Other (expense) income 22 Interest expense, net Other, net 23 24 Total other expense, net 25 Income before income tax 26 Income tax benefit 27 Net income 28 Other comprehensive income (loss), net of tax: 29 Foreign currency translation adjustment 30 Unrealized (loss) gain on hedging activities 31 Other comprehensive income (loss) Comprehensive income 32 33 Net income per share: Basic 34 Diluted 35 36 Weighted average shares outstanding: Basic 37 Diluted 38 See accompanying notes to consolidated financial statements. 39 40 41 3,585 (1.960) 5,545 9,981 (8.991) 18,972 6,473 (828) 7,301 1,766 (963) 803 6,348 (359) (421) (780) 18,192 (832) 810 (22) 7,279 S S 0.18 0.18 S 0.64 0.61 0.24 0.24 30,175 31.225 29,820 30.993 29,915 30.255

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: W. Steven Albrecht, James D. Stice, Earl Kay Stice, K. Fred Skousen, Albrecht S.E.

8th Edition

0324066708, 978-0324066708

More Books

Students also viewed these Accounting questions

Question

Express the given angles in decimal form. 57445

Answered: 1 week ago

Question

Write a brief note on the Composition of a Strategic Network

Answered: 1 week ago