P12-2 Analyzing Comparative Financial Statements by Using Percentages and Selected Ratios LO12-5, 126,129 The comparative finandal statements prepared at December 31, yoar 2, for Goldfish Campony showed the fotowhg summarized data: 'One third was credil sales. tDuring Vear 2, cath dividends amounting to 55,500 were doblace and paid. Pequired: 1. Present component percentages for Year 2 anly. finput all amounts as poditive vatuns. Aound the final answera to the nearest whole percent. Percentages may not add ekactly due to rounding: Compute the following for yoar 2 : 2.a. Porcentage markup on soles. (Pound percentage arswer to 1 declinal placo (le., 0.12.4 should be enterod as 17.4H ) 2.b. Income tax rate. (Round percentage answer to 1 doclmal place (i.e., 0.12.4 should be entered as 12.4).) 2.c. Net profit margin ratio. Was it a good or poor indieator of porformance? fRound pereentage answer to 2 docimal places 0 e., Q.12.43 should be entered as 12.433.) 2. A. Perpentage of tetal resaurces invested in property, plant, and equpment. Hound percentage anwwer to 2 dacimal piaces (f.e.4 0.1243 should be emtered as 12.43).) 2. Debtso equity ratio. Interpret the ressut. (Pound the final answer to 2 decimal places.) 2.d. Percentoge of total resources irvosted in property, piant, and equpment. (Pound percentage answar to 2 decim al places if he. Q.12s3 should be entered as 12.431 ) 2-e. Debt to-equity rato. Interpret the resutt. (flound the final anwwer to 2 decimal places.) 24. Return an assets. Assume that long term debt increased to $41,710 in month 1 of year 2. (Round intermediate calculations to 3 . decimal places and percentage answer to 2 decimal places ( (Le., 0.1243 shopld be entered as 12.437) ) 2.g. Retum on equey. (Round percentope answer to 2 decimal places (i.e, 0.1243 should be entered as 12 . 437) 2.h. Financial ieverege petcentage. Did toriowing from credtars benefe sharcholders? [hound intermediate calculations and finat answer to 2 decimal piaces. P12-2 Analyzing Comparative Financial Statements by Using Percentages and Selected Ratios LO12-5, 126,129 The comparative finandal statements prepared at December 31, yoar 2, for Goldfish Campony showed the fotowhg summarized data: 'One third was credil sales. tDuring Vear 2, cath dividends amounting to 55,500 were doblace and paid. Pequired: 1. Present component percentages for Year 2 anly. finput all amounts as poditive vatuns. Aound the final answera to the nearest whole percent. Percentages may not add ekactly due to rounding: Compute the following for yoar 2 : 2.a. Porcentage markup on soles. (Pound percentage arswer to 1 declinal placo (le., 0.12.4 should be enterod as 17.4H ) 2.b. Income tax rate. (Round percentage answer to 1 doclmal place (i.e., 0.12.4 should be entered as 12.4).) 2.c. Net profit margin ratio. Was it a good or poor indieator of porformance? fRound pereentage answer to 2 docimal places 0 e., Q.12.43 should be entered as 12.433.) 2. A. Perpentage of tetal resaurces invested in property, plant, and equpment. Hound percentage anwwer to 2 dacimal piaces (f.e.4 0.1243 should be emtered as 12.43).) 2. Debtso equity ratio. Interpret the ressut. (Pound the final answer to 2 decimal places.) 2.d. Percentoge of total resources irvosted in property, piant, and equpment. (Pound percentage answar to 2 decim al places if he. Q.12s3 should be entered as 12.431 ) 2-e. Debt to-equity rato. Interpret the resutt. (flound the final anwwer to 2 decimal places.) 24. Return an assets. Assume that long term debt increased to $41,710 in month 1 of year 2. (Round intermediate calculations to 3 . decimal places and percentage answer to 2 decimal places ( (Le., 0.1243 shopld be entered as 12.437) ) 2.g. Retum on equey. (Round percentope answer to 2 decimal places (i.e, 0.1243 should be entered as 12 . 437) 2.h. Financial ieverege petcentage. Did toriowing from credtars benefe sharcholders? [hound intermediate calculations and finat answer to 2 decimal piaces