data table
requirements
Score: 0 of 2 pts 50f 6 (5 complete) E12-18A (similar to) Consider the following comparative income statement and additional balance sheet data for Fabulous Fashions, Inc. cii k te icon to view the comparative inco me statement.) (Click the icon to view the additional balance sheet data.) Read the requirements Requirement 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets effi Select the five ratios used ratios used to measure how a company is investing its money and whether it is using its assets efficienty, select the corresponding formulas, a and the last ratio as a percentage to the nearest hundredth percent, XXX% Abbreviations used: EPS. how a rounded to two decir al places, x per sh Ratio Formula 2018 2017 Choose from any list or enter any number in the input fields and then click Check Answer remaining Clear All -18A (similar to) the following comparative income statement and additional balance sheet data for Fabulous Fashions, Inc the icon to view the comparative income statement.) EB(Click the icon to view the additional balance sheet data.) requirements is investing its money and whether it is using its assets efficiently. Round each ratio to t Data Table t is using its assets efficiently, select the corresponding formulas, and then calculate eac dredth percent XXX% Abbreviations used EPS Eamings per share ROA- Retum Fabulous Fashions, Inc. Data Table Income Statement Years Ended December 31, 2018 and 2017 3012017 $ 277,000 311,000 2018 2018 2017 2016 Net sales Accounts receivable 27,000 17,000 22,000 . 132,000 149,000 Cost of goods sold Inventory 12,000 17,500 14,500 Gross profit 45,000162,000 Total current assets 40,000 38,000 43,000 60,000 64,000 Seling and general expenses Fixed assets Total assets Income from operations .. $ 315,000 $ 279.200 S 263,000 85,000 98,000 3,800 2,500 Interest expense Income before income tax 1,200 10,000 Print Done 95,500 12,000 Income tax exponse $71,200 83,500 Net income Print Done swer art Clear All 30 ce sheet data for Fabulous Fashions, Inc. ck the icon to view the additional balance sheet data.) how a business is investing its money and whether it is using its assets efficiently. Round each ra ey and whether it is using its assets efficiently, select the corresponding formulas, and then calcula the nearest hundredth percent. .XX%. Abbreviations used: EPS Earnings per share, ROA-R i Requirements For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit. Did the company's performance improve or deteriorate during 2018? 1. 2. Print Done then click Check Answer Clear All
