Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Net sales Cost of goods sold Gross profit from sales Operating expenses Profit $1,157 738 $ 419 254 $ 165 $1,038 609 $ 429 210

image text in transcribed
image text in transcribed
Net sales Cost of goods sold Gross profit from sales Operating expenses Profit $1,157 738 $ 419 254 $ 165 $1,038 609 $ 429 210 $ 219 $962 531 $431 197 $234 $898 471 $427 158 $269 $852 441 $411 144 $267 $806 416 $390 142 $248 $ 704 350 $ 354 128 $ 226 Uranium Mining Corporation Balance Sheet (5000) December 31 2020 2019 2018 2017 2016 2015 2014 $ $ $ $ $ 51 308 1,073 38 63 322 788 35 65 294 692 24 66 230 589 36 102 $ 69 205 532 33 102 747 $1,688 68 195 456 33 102 676 Assets Cash Accounts receivable, net Inventory Other current assets Non-strategic investments Plant and equipment, net Total assets Liabilities and Equity Current liabilities Non-current liabilities Common shares Retained earnings Total liabilities and equity $ 7e 142 342 22 102 594 $1,272 726 1,372 $2,842 1,368 $2,576 1,211 $2,286 $1,749 $1,530 $ 692 736 858 564 $2,842 $ 583 644 850 499 $2,576 $ 391 627 850 418 $2,286 $328 302 722 397 $1,749 $ 288 308 722 370 $1,688 $ 274 332 590 334 $1,530 $ 183 258 590 241 $1,272 Required: Calculate trend percentages for the items of the statements using 2014 as the base year. (Round your final percentage decimal place.) Answer is not complete. URANIUM MINING CORPORATION Balance Sheet Trends (in %) December 31, 2014-2020 2019 2018 2017 2020 2016 2015 2014 72.9 90.0 929 943 98.6 971 100.0 2169 Assets Cash Accounts receivable net Inventory Other current assets Investments Plant and equip. net Total assets Liabilities and Equity Current liabilities Non-current liabilities Common shares Retained earnings Total liabilities and equity

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

Financial Accounting

Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, Maureen Sterling

7th Canadian Edition

1260065952, 978-1260065954

More Books

Students also viewed these Accounting questions

Question

What is the principal job performed by the FDIC?

Answered: 1 week ago

Question

Do any of my ideas contradict one another?

Answered: 1 week ago