Question
Q: Competitive Income Statement As of Ended December 31 2017 2016 2015 Revenue 94,595 88,519 83,176 Cost of Goods Sold 62,282 58,254 54,787 Gross Profit
Q:
Competitive Income Statement As of Ended December 31
2017 2016 2015
Revenue | 94,595 | 88,519 | 83,176 |
Cost of Goods Sold | 62,282 | 58,254 | 54,787 |
Gross Profit | 32,313 | 30,265 | 28,389 |
Operating Expenses | 18,886 | 18,491 | 17,920 |
Net Income | 7,957 | 7,009 | 6,345 |
Balance Sheet, As of December 31
2017 2016
Cash | 2,538 | 2,216 |
Inventory | 12,549 | 11,809 |
Net Total Assets | 17,724 | 16,484 |
Property and equipment, | 21,914 | 22,191 |
Account Payable | 7,000 | 6,565 |
Accrued and other Liabilities | 1,484 | 1,515 |
Common Stock | 88 | 88 |
Additional Pain-in Capital | 9,787 | 9,347 |
Retained Earnings | 35,519 | 30,973 |
Total Liabilities and Stockholder's Equity | 42,966 | 41,973 |
Perform Horizontal Analysis, Trend(Horizontal) Analysis and Vertical Analysis. Solve the following Questions:
(Horizontal Analysis)
1) Consider the critical items on the Balance Sheet and Income Statement.
2) Select three years balance sheet and Income Statement items that you consider important.
3) Indicate "Why" you consider the balance sheet and Income Statement items you selected are important.
4) Discuss any patters/ trends noted n the selected balance sheet an Income Statement items.
5) What conclusions can you draw from the analysis performed on your selected balance sheet and Income Statement items?
(Vertical Analysis)
1) Consider the critical items on the Balance Sheet and Income Statement.
2) Select three years balance sheet and Income Statement items that you consider important.
3) Indicate "Why" you consider the balance sheet and Income Statement items you selected are important.
4) Discuss any patters /trends noted in the selected balance sheet and Income Statement items.
5) What conclusions can you draw from the analysis performed on your selected balance sheet and Income Statement items?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started