HULLUIS IR ons TIL UY UDressing each line as a percentage of total revenues 2.b. Excluding income tax and other operating costs, did Insignia earn more profit per dollar of revenue in 2015 compared to 2017 Complete this question by entering your answers in the tabs below. ro Reg 1 Reg 2A Reg 26 Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Insignia Corporation for the year ended December 31, 2015 (amounts in billions). (Decreases should be indicated by a minus sign. Enter your answers in billions (e., 10,000,000,000 should be entered as 10). Round percentage values to 1 decimal place.) Show less INSIGNIA CORPORATION Income Statements amounts in ons For the Year Ended December 31 Change in 2015 2014 Dollars Percentage Revenue $ 135 5 2111 $ (76) Cost of Crude Ol and Products ee 121 (53) Other Operating costs 61 501 10 Income before Income Tax Expense 5 40 134) Income Tax Expense 0 21 120 Net Income 5 6S 195 (13) ERRE Prey 1 of 1 Next 2-3. Conduct o vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax and other operating costs, did Insignia earn more profit per dollar of revenue in 2015 compared to 2014? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Req 20 Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1 decimal place.) INSIGNIA CORPORATION Income Statements (amounts in billions) For the Year Ended December 31 2015 Revenues $ 135 % $ Cost of Crude Oil and Products 68 % Other Operating costs 61 % Income before Income Tax Expense 6 % Income Tax Expense % Net Income $ 6 % 5 2014 211 121 % 50 40 ***** 21 % 19 HULLUIS IR ons TIL UY UDressing each line as a percentage of total revenues 2.b. Excluding income tax and other operating costs, did Insignia earn more profit per dollar of revenue in 2015 compared to 2017 Complete this question by entering your answers in the tabs below. ro Reg 1 Reg 2A Reg 26 Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Insignia Corporation for the year ended December 31, 2015 (amounts in billions). (Decreases should be indicated by a minus sign. Enter your answers in billions (e., 10,000,000,000 should be entered as 10). Round percentage values to 1 decimal place.) Show less INSIGNIA CORPORATION Income Statements amounts in ons For the Year Ended December 31 Change in 2015 2014 Dollars Percentage Revenue $ 135 5 2111 $ (76) Cost of Crude Ol and Products ee 121 (53) Other Operating costs 61 501 10 Income before Income Tax Expense 5 40 134) Income Tax Expense 0 21 120 Net Income 5 6S 195 (13) ERRE Prey 1 of 1 Next 2-3. Conduct o vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax and other operating costs, did Insignia earn more profit per dollar of revenue in 2015 compared to 2014? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Req 20 Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1 decimal place.) INSIGNIA CORPORATION Income Statements (amounts in billions) For the Year Ended December 31 2015 Revenues $ 135 % $ Cost of Crude Oil and Products 68 % Other Operating costs 61 % Income before Income Tax Expense 6 % Income Tax Expense % Net Income $ 6 % 5 2014 211 121 % 50 40 ***** 21 % 19
