Question
After accessing the financial report (Statement of Stockholder's Equity)from the link below, answer the following questions: https://www.sec.gov/Archives/edgar/data/98246/000009824616000211/tif-2016131x10k.htm Using vertical analysis (show your calculations), present values
After accessing the financial report (Statement of Stockholder's Equity)from the link below, answer the following questions:
https://www.sec.gov/Archives/edgar/data/98246/000009824616000211/tif-2016131x10k.htm
Using vertical analysis (show your calculations), present values for this year and last year:
- 1. gross profit margin
- 2. net profit margin (use the last "net income" line on the statement)
- 3. Comment on changes: Are sales increasingly profitable? How is gross profit and net income changing, as a dollar value?
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
