Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Organization Health. Assess the financial health of the organization based on appropriate interpretation of at least 6 of the vertical and ratio analysis tests you

Organization Health. Assess the financial health of the organization based on appropriate interpretation of at least 6 of the vertical and ratio analysis tests you performed. Add speaker notes to this slide to provide explanation of your assessment of the organizations financial health. Referring to at least 6 of the indicators you included on the Vertical Analysis and Profitability Ratio Analysis slides, assess the overall financial health of the organization. This slide shows what is going well for the company.

Organizational Risk. Identify at least 3 risks facing the organization based on appropriate interpretation of the vertical and ratio analysis tests you performed. Add speaker notes to this slide to explain the organizational risks you identified.

image text in transcribedimage text in transcribed For the Year Ended December 31, 2025 Net sales Cost of goods sold Gross profit on sales Selling expenses Salaries and wages expense (sales) Advertising expense Total selling expenses Administrative expenses Salaries and wages expense (general) Depreciation expense-equipment Property tax expense Rent expense Bad debt expense Telephone and Internet expense Insurance expense Total administrative expenses Total selling and administrative expenses Income from operations Other revenues and gains Interest revenue Other expenses and losses Interest expense Income before income taxes Income tax Net income $400,000316,00084,000 $20,000 10,200 $30,200 19,000 6,700 5,300 4,300 1,000 600 360 37,260 17,340800 1,70015,6403,440$12,200 Uptown Cabinet Corp. Retained Earnings Statement For the Year Ended December 31, 2025 \begin{tabular}{lr} Retained earnings, January 1 & $16,200 \\ Add: Net income & 12,200 \\ \hline Less: Dividends & 28,400 \\ Retained earnings, December 31 & $2,000 \\ \hline$26,400 \\ \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

Cost Accounting Theory And Practice

Authors: R. Palaniappan, N. Hariharan

1st Edition

9380578342, 978-9380578347

More Books

Students also viewed these Accounting questions

Question

10. Maximise Subject to Z=2x+4x2 + 3x3

Answered: 1 week ago