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Please answer #8 / #9 / #10 please on the right side Income Statement for year 2011 230,000 2010 200,000 Net Sales Revenue (all Credit

Please answer #8 / #9 / #10 please on the right sideimage text in transcribed

Income Statement for year 2011 230,000 2010 200,000 Net Sales Revenue (all Credit Sales) Cost of Goods Sold 165,000 150,000 Gross Profit 65,000 50,000 9.500 Salaries & admin Expense Depreciation Expense Income before Tax 14,500 41,000 10,000 14,000 26,000 Tax expense 11,000 5,000 8 Do a Horizontal Analysis of the Balance sheet above - difference and % do it right next to the balance sheet 9 Do a Vertical analysis of the Income Statement above do it right next to the income statement 2011 & 2010 ADDITIONAL INFORMATION Dividends declared and paid 25000 Equipment was sold for 8,500, it was bought for 18,000 and had a book value of 8,500 when sold All sales are credit sales Net Income Shares Outstanding Stock Price 30,000 120,000 16.00 21,000 120.000 12.00 $ $ 10 In the space below, create the Cash Flow Statement for 2011 2010 Balance sheet @ year end 2011 Current Assets Cash 33,000 Accounts Receivables, net (2009 ending 20,000) 33,000 Inventory (2009 ending 25,000) 27,000 Total Current Assets 93,000 20,000 14.000 20.000 54,000 Property Plant & Equipment Accumulated depreciation 60,000 (29,000) 78,000 (24,000) Total Assets 124,000 108,000 Accounts Payable Income Tax Payable Total Current Liabilities Bonds Payable Total Liabilities 29,000 7,000 36,000 27,000 63,000 15,000 8,000 23,000 33,000 56,000 Common Stock Retained Earnings Total Liabilities and Shareholders Equity 18.000 43,000 124,000 14.000 38,000 108,000 Find: 2011 2010 1 Current Ratio 2.583 2.348 5 Earning per share (Ignore Divid 0.25) 0.175 2 Debt Ratio 0.218 0.306 6 Price/Earnings Ratio 64 68.57 3 Accounts Receivable Turnover 9.787 11.765 7 Inventory Turnover 7.02 6.66

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