Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Complete a DuPont analysis for each of the three years IS: BS: 2016 2017 2018 $ 1,347.0 $ 1,448.0 $ 1,010.7 1,546.5 1,076.4 Net Sales
Complete a DuPont analysis for each of the three years
IS:
BS:
2016 2017 2018 $ 1,347.0 $ 1,448.0 $ 1,010.7 1,546.5 1,076.4 Net Sales Cost of Goods Sold 956.4 Gross profit 390.6 437.3 470.1 SG&A 323.3 350.4 368.1 31.9 55.0 Depreciation 29.6 34.0 37.7 EBIT 68.0 Interest Expense 12.0 14.0 10.0 Earnings before taxes Taxes (40%) 58.0 23.7 43.0 23.2 9.5 17.2 14.2 $ 25.8 $ $ 34.8 Net income 2016 2017 2018 Assets Cash Accounts receivable Inventory Other current assets Current assets Gross fixed assets Accumulated depreciation $ 47.5 $ 56.6 $ 47.0 97.3 88.5 110.8 138.5 149.5 134.7 8.1 8.6 9.3 287.6 292.2 316.6 194.3 232.1 266.1 (59.6) 134.7 422.3 $ (91.5) (125.5) 140.6 Net fixed assets 140.6 432.8 $ Total assets 457.2 Liabilities & Equity Accounts payable Accruals Notes payable $ 39.8$ 39.5$ 33.3 48.3 28.3 34.0 20.0 20.0 20.0 102.3 Current liabilities 88.1 92.8 Long-term debt 120.0 100.0 80.0 110.0 Common stock 110.0 110.0 Retained earnings Total liabilities & equity 104.2 422.3 $ 130.0 164.9 432.8 $ 457.2 t tStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started