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please complete the following for Joe's Fly-By-Night Oil Company, whose latest income statement and balance sheet are shown below: *insert-fly by night oil balance sheet

image text in transcribed

please complete the following for Joe's Fly-By-Night Oil Company, whose latest income statement and balance sheet are shown below:

*insert-fly by night oil balance sheet t from attachement

?present a graph of sales and net income for the years 2013 - 2016.For the purposes of this exercise, assume the following historical sales and net income figures for Joe's Fly-By-Night Oil:

YearSalesNet Income

2013$8,200 $1,500

2014$8,000 $1,400

2015$9,000 $1,600

2016$10,000$1,800

Comment on the results displayed on the graph.

?Present a pie chart of Joe's Fly-By-Night Oil's expense distribution for 2016 and comment on the results displayed.

?Present a pie chart of Joe's Fly-By-Night Oil's asset distribution for Dec 31, 2016 and comment on the results displayed.

?Present a pie chart of Joe's Fly-By-Night Oil's capital structure for Dec 31, 2016 and comment on the results displayed.

Note:Be sure to comment on each of the four graphs.The numbers mean little

without your explanatory comments.

image text in transcribed BUSN 5200 Homework Assignment for Week 3: For Week 3, please complete the following for Joe's Fly-By-Night Oil Company, whose latest income statement and balance sheet are shown below: Joe's Fly-by-Night Oil INCOME STATEMENT, 2016 BALANCE SHEET, as of Dec 31, 2016 Sales Cost of goods sold Gross profit S, G & A expenses EBIT Interest Before-tax earnings Taxes Net income ASSETS Cash Accounts receivable Inventory Current assets Equipment (gross) Less Accum Depreciation Equipment (net) Total assets LIABILITIES AND EQUITY Accounts payable Current liabilities Long-term debt Total liabilities Common stock (1,000 shares) Retained earnings Total equity Total liabilities & Equity EPS Dividends Addition to retained earnings $10,000 4,000 $6,000 3,000 $3,000 $200 $2,800 1,000 $1,800 $1.80 $600 $1,200 $5,000 3,000 17,000 $25,000 27,000 (12,000) $15,000 $40,000 $17,000 $17,000 $3,000 $20,000 $7,000 $13,000 $20,000 $40,000 Prepare a graph of sales and net income for the years 2013 - 2016. For the purposes of this exercise, assume the following historical sales and net income figures for Joe's Fly-ByNight Oil: Year Sales 2013 2014 2015 2016 $8,200 $8,000 $9,000 $10,000 Net Income $1,500 $1,400 $1,600 $1,800 Comment on the results displayed on the graph. Prepare a pie chart of Joe's Fly-By-Night Oil's expense distribution for 2016 and comment on the results displayed. Prepare a pie chart of Joe's Fly-By-Night Oil's asset distribution for Dec 31, 2016 and comment on the results displayed. Prepare a pie chart of Joe's Fly-By-Night Oil's capital structure for Dec 31, 2016 and comment on the results displayed. Note: Be sure to comment on each of the four graphs. The numbers mean little without your explanatory comments

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