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condition of the company. 2. Profitability Ratio Analysis. Perform at least 4 ratio analysis tests on the company's profitability with no errors. On the slide,
condition of the company. 2. Profitability Ratio Analysis. Perform at least 4 ratio analysis tests on the company's profitability with no errors. On the slide, name the profitability ratios you perform, and show the calculations and results. You must complete a minimum of 4 tests but doing more helps you better understand the condition of the company. Uptown cabinet Corp. Income statement For the Year Ended December 31, 2025 Net sales Cost of goods sold Gross profit on sales Selling expenses Salaries and wages expense (sales) Advertising expense Total selling expenses Administrative expenses Salaries and wages expense (geineral) Depreciation expense-equipment Property tax expense Rent expense Bad debt expense Telephone and internet expense insurance expense Total administrative expenses Total selling and administrative expenses Incame from operat ioms Other revenues and gairs 530,200 $400,000 84,000316,000 fiterest, Iexim "ie Oter expentes and wosmes $20,00010,200 19,0006,7005,3004,3001,000000360 37,260 intiriestingeritite ncotretan 800 17, 3.0 2/2 cliamarsing comnjany Uptown Cabinet Corp. Retained Earnings Statement For the Year Ended December 31, 2025 Retained earnings, January 1 Add: Net income Less: Dividends Retained earnings, December 31 $16,200 12,200 28,400 2,000 $26,400
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