Annual Income Statement (values in 000's)Get Quarterly Data
Period Ending: | Trend | 1/31/2016 | 2/1/2015 | 2/2/2014 | 2/3/2013 |
Total Revenue | | $4,976,090 | $4,698,719 | $4,387,889 | $4,042,870 |
Cost of Revenue | | $3,131,876 | $2,898,215 | $2,683,673 | $2,450,394 |
Gross Profit | | $1,844,214 | $1,800,504 | $1,704,216 | $1,592,476 |
Operating Expenses |
Research and Development | | $0 | $0 | $0 | $0 |
Sales, General and Admin. | | $1,355,580 | $1,298,239 | $1,252,118 | $1,183,313 |
Non-Recurring Items | | $0 | $0 | $0 | $0 |
Other Operating Items | | $0 | $0 | $0 | $0 |
Operating Income | | $488,634 | $502,265 | $452,098 | $409,163 |
Add'l income/expense items | | $0 | $0 | $0 | $0 |
Earnings Before Interest and Tax | | $488,007 | $502,203 | $452,682 | $409,956 |
Interest Expense | | $0 | $0 | $0 | $0 |
Earnings Before Tax | | $488,007 | $502,203 | $452,682 | $409,956 |
Income Tax | | $177,939 | $193,349 | $173,780 | $153,226 |
Minority Interest | | $0 | $0 | $0 | $0 |
Equity Earnings/Loss Unconsolidated Subsidiary | | $0 | $0 | $0 | $0 |
Net Income-Cont. Operations | | $310,068 | $308,854 | $278,902 | $256,730 |
Net Income | | $310,068 | $308,854 | $278,902 | $256,730 |
Net Income Applicable to Common Shareholders | | $310,068 | $308,854 | $278,902 | $256,730 |
Considering the company william sonoma, how would prospective analysis be useful in your analysis of the company? In addition to recent trends that might reveal themselves in the projection, what other information would you find useful? Discuss the steps you would perform to prepare a projected income statement and projected balance sheet. In your discussion, substantiate your responses to these questions. Challenge your classmates with questions about their posts and respond to questions posed to you.