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Hello, I need help checking my answers. Here is the attached assignment viewed as a PDF and opened in Excel. Please type/write any of your
Hello, I need help checking my answers. Here is the attached assignment viewed as a PDF and opened in Excel. Please type/write any of your answers that are on the rightmost side of your answer sheet underneath on the left side or some how because I am unable to view it on the right side because it gets cut off and I am unable to view the right side of the answer page in Chegg. Please make the answers on the right edge viewable for me on here, thanks! :)
Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. The following condensed income statement is for Bustone Inc. Bustone Inc. Income Statement For the years ended Dec. 31, 2022 and 2021 2021 Net sales Cost of goods sold Gross margin Selling and administrative expenses Operating income Other expense, net Income before taxes Income tax expense Net income 2022 19,000 12.000 7,000 5,000 2,000 200 12,000 8,000 4,000 3,000 1,000 300 700 1,800 400 200 500 1,400 Required: Prepare a common-size analysis of the income statements for 2022 and 2021. (Round percent computations to one decimal place.) Your answers to this open-ended assignment should be placed in the space below this line. Required: Prepare a common-size analysis of the income statements for 2022 and 2021. (Round percent computations to one decimal place.) Your answers to this open-ended assignment should be placed in the space below this line. Bustone Inc. Common Size Income statements For the Years Ended December 31, 2022 and 2021 Nat sales Cost of goods sold Gross margin Selling and administrative expenses Operating income Other expense, net Income before taxes Income tax expense Net income Clipboard Font Alignment A27 f A B C D E F Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. 4 5 The following condensed income statement is for Bustone Inc. 6 7 Bustone Inc. Income Statement 9 For the years ended Dec. 31, 2022 and 2021 10 8 11 2022 2021 12 19,000 13 12,000 8,000 12,000 14 7,000 4,000 15 5,000 16 Net sales Cost of goods sold Gross margin Selling and administrative expenses Operating income Other expense, net Income before taxes Income tax expense Net income 3,000 1,000 2,000 17 300 18 200 1,800 700 19 400 200 20 1,400 500 21 Dacradle Sheet1 Sheet2 Sheet3 C Heady Font Alignment 7 Xf B C D E . Required: F Prepare a common-size analysis of the income statements for 2022 and 2021. (Round percent computations to one decimal place.) Your answers to this open-ended assignment should be placed in the space below this line. 5 3 2 Bustone Inc. 3 3 Common Size Income statements For the Years Ended December 31, 2022 and 2021 3 Nat sales Cost of goods sold Gross margin Sheet1 Sheet2 Sheets ady x fe A B D E F G G Your answers to this open-ended assignment should be placed in the space below this line. Bustone Inc. Common Size Income statements For the Years Ended December 31, 2022 and 2021 Nat sales Cost of goods sold Gross margin Selling and administrative expenses Operating income Other expense, net Income before taxes Income tax expense Net income 3 Sheet1 Sheet2 Sheet3 eady
Hello, I need help checking my answers. Here is the attached assignment viewed as a PDF and opened in Excel. Please type/write any of your answers that are on the rightmost side of your answer sheet underneath on the left side or some how because I am unable to view it on the right side because it gets cut off and I am unable to view the right side of the answer page in Chegg. Please make the answers on the right edge viewable for me on here, thanks! :)
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