Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How do you calculate the common sized income statement through this income statement? What is the difference between a regular income statement and a common

How do you calculate the common sized income statement through this income statement? What is the difference between a regular income statement and a common income statement. Can I find those financial records online like the income statement or do they have to be calculated?

image text in transcribed INCOME STATEMENT BALANCE SHEET CASH FLOW SEC FILINGS ANNUAL QUARTERLY \begin{tabular}{|c|c|c|c|c|c|c|} \hline ITEM & 2018 & 2019 & 2020 & 2021 & 2022 & 5-YEAR TREND \\ \hline Sales/Revenue & 1.09B & 1.23B & 1.39B & 2.31B & 3.55B & \\ \hline Sales Growth & - & 13.08% & 12.62% & 66.92% & 53.67% & \\ \hline Cost of Goods Sold (COGS) incl. D\&A & 551.99M & 632.64M & 655.73M & 914.16M & 1.72B & \\ \hline COGS Growth & - & 14.61% & 3.65% & 39.41% & 88.32% & \\ \hline COGS excluding D\&A & 522.74M & 608.43M & 628.11M & 882.18M & 1.68B & \\ \hline Depreciation \& Amortization Expense & 29.25M & 24.21M & 27.62M & 31.98M & 39.23M & \\ \hline Depreciation & 12.6M & 8.89M & 11.84M & 14.94M & 19.64M & \\ \hline Amortization of Intangibles & 16.65M & 15.33M & 15.78M & 17.03M & 19.59M & \\ \hline Gross Income & 536.22M & 597.95M & 730.23M & 1.4B & 1.83B & \\ \hline Grossincome Growth & - & 11.51% & 22.12% & 91.62% & 31.03% & \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Audits For Excellence

Authors: Dorsey J. Talley

1st Edition

0873890396, 978-0873890397

More Books

Students also viewed these Accounting questions

Question

What is the difference between formal and informal communication?

Answered: 1 week ago