Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fiscal year is February-January. All values USD Millions. 2020 2019 2018 2017 2016 5-year trend Sales/Revenue 110,225 108,203 100,904 94,595 88,519 Sales Growth 1.87% 7.23%
Fiscal year is February-January. All values USD Millions. 2020 2019 2018 2017 2016 5-year trend
Sales/Revenue 110,225 108,203 100,904 94,595 88,519
Sales Growth 1.87% 7.23% 6.67% 6.86% -
Cost of Goods Sold (COGS) incl. D&A 74,642 72,913 68,359 64,036 59,944
COGS excluding D&A 72,346 70,761 66,297 62,063 58,081
Depreciation & Amortization Expense 2,296 2,152 2,062 1,973 1,863
Depreciation 2,223 2,076 - - -
Amortization of Intangibles 73 76 - - -
COGS Growth 2.37% 6.66% 6.75% 6.83% -
Gross Income 35,583 35,290 32,545 30,559 28,575
Gross Income Growth 0.83% 8.43% 6.50% 6.94% -
Gross Profit Margin 32.28% - - - -
SG&A Expense 19,740 19,513 17,694 17,095 16,673
Other SG&A 19,740 19,513 17,694 17,095 16,673
SGA Growth 1.16% 10.28% 3.50% 2.53% -
EBIT 15,843 15,777 14,851 13,464 -
Unusual Expense - 247 170 37 128
Non Operating Income/Expense - (16) - - -
Non-Operating Interest Income 73 93 74 36 166
Interest Expense 1,201 1,051 1,057 972 919
Interest Expense Growth 14.27% -0.57% 8.74% 5.77% -
Gross Interest Expense 1,201 1,051 1,059 973 921
Interest Capitalized - - 2 1 2
Pretax Income 14,715 14,556 13,698 12,491 11,021
Pretax Income Growth 1.09% 6.26% 9.66% 13.34% -
Pretax Margin 13.35% - - - -
Income Tax 3,473 3,435 5,068 4,534 4,012
Income Tax - Current Domestic 2,942 3,039 4,627 4,332 3,694
Income Tax - Current Foreign 340 372 331 315 296
Income Tax - Deferred Domestic 187 68 22 (89) 31
Income Tax - Deferred Foreign 4 (44) 88 (24) (9)
Consolidated Net Income 11,242 11,121 8,630 7,957 7,009
Net Income 11,242 11,121 8,630 7,957 7,009
Net Income Growth 1.09% 28.86% 8.46% 13.53% -
Net Margin 10.20% - - - -
Based on the information , find current and future probabilities of business and also perform, horizontal and vertical and ratio analysis.
Step 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