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elected financial information ( in 0 0 0 s ) from the financial statements of Moosomin Ltd . for Years 6 and 7 is as
elected financial information in s from the financial statements of Moosomin Ltd for Years and is as follows:
Year Year
Sales revenue $ $
Cost of goods sold
Other expenses
Net income
Current assets
Total assets
Total liabilities
Shareholders' equity
Required:
a Convert Moosomins financial statements for both Year and Year into commonsized financial statements using Input all amounts as positive values. Round the final answers to the nearest whole percent. Omit sign in your response.ii Horizontal analysis
Financial Statements
Year Year
Sales revenue
Cost of goods sold
Other expenses
Net income
Current assets
Total assets
Total liabilities
Shareholders' equity
b Identify three financial statement items other than net income that seem to be the most peculiar relative to expectations. You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.
check all that apply
Sales revenueunanswered
Cost of goods soldunanswered
Other expensesunanswered
Current assetsunanswered
Total assetsunanswered
Total liabilitiesunanswered
Shareholders' equity
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