Dollar Tree, Inc. Common Size Income Statement Feb. 02, 2019 Percentages Feb. 03, 2018 Jan. 28, 2017 12 Months Ended Feb. 02, 2019 Feb. 03, 2018 $ 22,823.3 $ 22,245.5 15,875.8 15,223.6 6,947.5 7,021.9 Jan. 28, 2017 $ 20,719.2 14,324.5 6,394.7 5,160 2,727 5,004.3 4,689.9 0 Total net sales Cost of Goods and Services Sold Gross profit Selling, general and administrative expenses, excluding Goodwill impairment and Receivable impairment Goodwill impairment Receivable impairment Selling, general and administrative expenses Operating income (loss) Interest expense, net Other income, (loss) net Income (loss) before income taxes Provision for income taxes Net income (loss) 7,887 (939.5) 370 (0.5) (1,310) 281.8 $(1,590.8) 18.5 5,022.8 1,999.1 301.8 (6.7) 1,704 (10.3) $ 1,714.3 0 4,689.9 1,704.8 375.5 (0.1) 1,329.4 433.2 $ 896.2 a. Review the vertical analyses and give any major differences over the three years. Do any patterns emerge? You should be focusing on specific accounts and not subtotals or totals. b. What are the company's 2 largest major expenses for the current year? c. Discuss the fluctuations in interest expense and income taxes. What are the cause of these changes? d. Was the company more or less profitable when compared to the prior year? What caused the change in income from the prior year? Dollar Tree, Inc. Common Size Income Statement Feb. 02, 2019 Percentages Feb. 03, 2018 Jan. 28, 2017 12 Months Ended Feb. 02, 2019 Feb. 03, 2018 $ 22,823.3 $ 22,245.5 15,875.8 15,223.6 6,947.5 7,021.9 Jan. 28, 2017 $ 20,719.2 14,324.5 6,394.7 5,160 2,727 5,004.3 4,689.9 0 Total net sales Cost of Goods and Services Sold Gross profit Selling, general and administrative expenses, excluding Goodwill impairment and Receivable impairment Goodwill impairment Receivable impairment Selling, general and administrative expenses Operating income (loss) Interest expense, net Other income, (loss) net Income (loss) before income taxes Provision for income taxes Net income (loss) 7,887 (939.5) 370 (0.5) (1,310) 281.8 $(1,590.8) 18.5 5,022.8 1,999.1 301.8 (6.7) 1,704 (10.3) $ 1,714.3 0 4,689.9 1,704.8 375.5 (0.1) 1,329.4 433.2 $ 896.2 a. Review the vertical analyses and give any major differences over the three years. Do any patterns emerge? You should be focusing on specific accounts and not subtotals or totals. b. What are the company's 2 largest major expenses for the current year? c. Discuss the fluctuations in interest expense and income taxes. What are the cause of these changes? d. Was the company more or less profitable when compared to the prior year? What caused the change in income from the prior year
