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need help with financial accounting, first 3 pictures are an example Net sales, net income, and total assets for Amanix Construction, Inc, for a four-year
need help with financial accounting, first 3 pictures are an example
Net sales, net income, and total assets for Amanix Construction, Inc, for a four-year period follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute trend percentages for each ltem for 2015 through 2018. Use 2015 as the base year. Trend percentages are a form of horizontal analysis. Trends indicate the direction a business is taking. How has revenue changed over a five-year period? What trend does net income show? These questions can be answered by analyzing trend percentages over a period. Trend percentages are computed by selecting a base year, in this problem the 2015 year. The base-year amounts are set equal to 100%. The amounts for each following year are expressed as a percentage of the base amount. Begin by reviewing the formula to compute a trend percentage. Using the formula above, compute the trend percentages for net sales. Remember that the 2015 net sales amount will be the base year amount. Now, using the same formula, compute the trend percentages for net income. Be sure to use the 2015 net income amount as the base amount. Lastyy, compute the trend percentages for total assets. Be sure to use the 2015 total assets amount as the base amount. Net sales, net income, and total assets for Armanix Construction, Inc, for a four-year period follow: (Click the icon to view the data.) Read the requirements. Requirement 2. Compute the return on assets for 2016, 2017, and 2018. Round your answers to three decimal places. In business, retum refers to profitability. The return on assots (ROA) measures the net income earned on each dollar of assets invested. Start by reviewing the formula needed to compute the return on assets. Net income Average total assets = Retum on assets First, compute the average total assets for each year using the formula below. The total assets for each year, which have been given in the information, have. been entered into the formula for you. Requirements Data table 1. Compute trend percentages for each tom for 2015 through 2018 . Use 2015 as the base year. 2. Compute the retum on assets for 2016, 2017, and 2018. Round your answorn to three decimal places. 3. Armana Constnucton's main competitor had a retum on assets of just under 40 percent for the yoars 2016, 2017, and 2018. How does Aumanex Construction, Ine's retuen on assets cortiare with that of its main compettor? Construction, Ine's retuen on assots compare with that of its main compettor? Now, uting the formula above and the intormation given, calculate the return on sales for 2016 through 2018 . (Round the retum on asset amounts to the nearest 1. Comph tenth of a percont, %,1 2. Comps to thice 3. Yersat inder Canste Requirement 3. Armanix Contruction's main compettor had a return on assets of just under 40 percent for the yeans 2016, 2017, and 2018. How does Armanix Construction, Incis retum on assets compare weh that of its main compelior? Remember that Amanix's main competiter had a relurn on assets of just under 40 percent for the years 2016 through 2016 . Refer to the rates of rotum you calculaed for 20+6 through 2018 in Roquirement 2. Does Avmanix's felum on assets outperform or underperform iss main competors rotum on assets? Net suleti met inoeme, and boul asaets for Venacheti Construction, loc, lot a fouryour period bilos (Gok the icon to viow the data? Finad the mourinests Data table Requirements an the base yal b bive secinal places. unser 40 percent tor be weas 2016, 2017 , and 201 . How doe Wernache: Net sales, net income, and total assets for Amanix Construction, Inc, for a four-year period follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute trend percentages for each ltem for 2015 through 2018. Use 2015 as the base year. Trend percentages are a form of horizontal analysis. Trends indicate the direction a business is taking. How has revenue changed over a five-year period? What trend does net income show? These questions can be answered by analyzing trend percentages over a period. Trend percentages are computed by selecting a base year, in this problem the 2015 year. The base-year amounts are set equal to 100%. The amounts for each following year are expressed as a percentage of the base amount. Begin by reviewing the formula to compute a trend percentage. Using the formula above, compute the trend percentages for net sales. Remember that the 2015 net sales amount will be the base year amount. Now, using the same formula, compute the trend percentages for net income. Be sure to use the 2015 net income amount as the base amount. Lastyy, compute the trend percentages for total assets. Be sure to use the 2015 total assets amount as the base amount. Net sales, net income, and total assets for Armanix Construction, Inc, for a four-year period follow: (Click the icon to view the data.) Read the requirements. Requirement 2. Compute the return on assets for 2016, 2017, and 2018. Round your answers to three decimal places. In business, retum refers to profitability. The return on assots (ROA) measures the net income earned on each dollar of assets invested. Start by reviewing the formula needed to compute the return on assets. Net income Average total assets = Retum on assets First, compute the average total assets for each year using the formula below. The total assets for each year, which have been given in the information, have. been entered into the formula for you. Requirements Data table 1. Compute trend percentages for each tom for 2015 through 2018 . Use 2015 as the base year. 2. Compute the retum on assets for 2016, 2017, and 2018. Round your answorn to three decimal places. 3. Armana Constnucton's main competitor had a retum on assets of just under 40 percent for the yoars 2016, 2017, and 2018. How does Aumanex Construction, Ine's retuen on assets cortiare with that of its main compettor? Construction, Ine's retuen on assots compare with that of its main compettor? Now, uting the formula above and the intormation given, calculate the return on sales for 2016 through 2018 . (Round the retum on asset amounts to the nearest 1. Comph tenth of a percont, %,1 2. Comps to thice 3. Yersat inder Canste Requirement 3. Armanix Contruction's main compettor had a return on assets of just under 40 percent for the yeans 2016, 2017, and 2018. How does Armanix Construction, Incis retum on assets compare weh that of its main compelior? Remember that Amanix's main competiter had a relurn on assets of just under 40 percent for the years 2016 through 2016 . Refer to the rates of rotum you calculaed for 20+6 through 2018 in Roquirement 2. Does Avmanix's felum on assets outperform or underperform iss main competors rotum on assets? Net suleti met inoeme, and boul asaets for Venacheti Construction, loc, lot a fouryour period bilos (Gok the icon to viow the data? Finad the mourinests Data table Requirements an the base yal b bive secinal places. unser 40 percent tor be weas 2016, 2017 , and 201 . How doe Wernache Step by Step Solution
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