Horizontal Analysis net Sales Cost of Goods Sold Gross margin operating expenses Selling expenses administrative expenses total operating expenses income from operations interest expense income before income taxes ncome taxes net income earning per share Assets Cash accounts receivable inventory property, plant, and equipment total assets Liabilities and stockholder's equity accounts payable notes payable bonds payable common stock retained earnings total liability and stockholders equity 2002 2001 amount$% 800,400 742,600 454,100 396,200 346,300 346,400 130,100 104,600 140,300 115,500 220,100 75,900 126,300 25,000 20,000 50,900 106,300 270,40 14,000 35,00 36,900 71,300 31,100 27,200 72,50042,700 122,600 107,800 577,700 507,500 803,900 685,200 104,700 72,300 50,000 50,000 200,000 110,000 300,000 300,000 149,200 152,900 803,900 685,200 Vertical Analysis Net sales Cost of Goods Sold Gross margin operating expenses Selling expenses administrative expenses total operating expenses income from operations interest expense income before income taxes ncome taxes net income earming per share Assets Cash 2,002 2,001 amount % 800,400 742,600 454,100 396,200 346,300 346,400 130,100 104,600 140,300 115,500 220,100 75,900 126,300 25,000 20,000 50,900 106,300 270,40 14,000 35,00 36,900 71,300 31,100 27,200 accounts receivable 72,50042,700 inventory property, plant, and eaiupment total assets Liabilities and stockholder's equity accounts payable notes payable bonds payable common stock retained earnings total liability and stockholders equity Liquidity Current Ratio Quick Ratio Receivable turnover Average Days Sales Uncollected Inventory Turnover Average Days inventory on Hand Profitability Profit Margin Asset Turnover Return on Assets Return on Equity Long term Solvency Debt to Equity Interest Coverage Cash Flow Adequacy Cash flow Yield Cash Flow to Sales 122,600 107,800 577,700 507,500 803,900 685,200 104,700 72,300 50,000 50,000 200,000 110,000 300,000 300,000 149,200 152,900 803,900 685,200 Formula 2,002 2001 U/F Cash Flow to Assets Free Cash Flow Market Strength Price/Earning ratio Dividends Yield