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I need assistance with my homework. I need assistance with the graphs and structure. BUSN 5200 Homework Assignment for Week 3: For Week 3, please

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I need assistance with my homework. I need assistance with the graphs and structure.

image text in transcribed BUSN 5200 Homework Assignment for Week 3: For Week 3, please complete the following for Joe's Fly-By-Night Oil Company, whose latest income statement and balance sheet are shown below: Joe's Fly-by-Night Oil INCOME STATEMENT, 2016 BALANCE SHEET, as of Dec 31, 2016 Sales Cost of goods sold Gross profit S, G & A expenses EBIT Interest Before-tax earnings Taxes Net income ASSETS Cash Accounts receivable Inventory Current assets Equipment (gross) Less Accum Depreciation Equipment (net) Total assets LIABILITIES AND EQUITY Accounts payable Current liabilities Long-term debt Total liabilities Common stock (1,000 shares) Retained earnings Total equity Total liabilities & Equity EPS Dividends Addition to retained earnings $10,000 4,000 $6,000 3,000 $3,000 $200 $2,800 1,000 $1,800 $1.80 $600 $1,200 $5,000 3,000 17,000 $25,000 27,000 (12,000) $15,000 $40,000 $17,000 $17,000 $3,000 $20,000 $7,000 $13,000 $20,000 $40,000 Prepare a graph of sales and net income for the years 2013 - 2016. For the purposes of this exercise, assume the following historical sales and net income figures for Joe's Fly-ByNight Oil: Year Sales 2013 2014 2015 2016 $8,200 $8,000 $9,000 $10,000 Net Income $1,500 $1,400 $1,600 $1,800 Comment on the results displayed on the graph. Prepare a pie chart of Joe's Fly-By-Night Oil's expense distribution for 2016 and comment on the results displayed. Prepare a pie chart of Joe's Fly-By-Night Oil's asset distribution for Dec 31, 2016 and comment on the results displayed. Prepare a pie chart of Joe's Fly-By-Night Oil's capital structure for Dec 31, 2016 and comment on the results displayed. Note: Be sure to comment on each of the four graphs. The numbers mean little without your explanatory comments. Case Study Tasks: 1. Revise your Company Overview file based on your instructor's feedback when received. 2. If you haven't done so already, enter the data from your company's last two years' income statements, balance sheets, and statements of cash flows onto an Excel spreadsheet and begin working on the Financial Overview section of your report

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