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Question: Prepare a one-page report analyzing HEMIs financial information against Wajax Corporation. Common size statement of Income HEMI INC (2019) WAJAX CORP (2018) Percentage Particulars

Question: Prepare a one-page report analyzing HEMIs financial information against Wajax Corporation.

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Common size statement of Income HEMI INC (2019) WAJAX CORP (2018) Percentage Particulars Net sales Cost of goods sold Gross profit Selling and administrative expenses Other expenses Total operating expenses Earnings before finance costs and incom Finance costs Earnings before income taxes Income tax expense Net income Amount $743,931,000.00 $560,000,000.00 $183,931,000.00 $127,000,000.00 $0.00 $127,000,000.00 $56,931,000.00 $6,131,904.00 $50, 799,096.00 $25,000,000.00 $25, 799,096.00 Percentage Amount 100 75.28 24.72 17.07 17.07 7.65 0.82 6.83 3.36 3.47 $1,481,597.00 $1,209,330.00 $272,267.00 $209,522.00 $4,143.00 $213,665.00 $58,602.00 $8, 775.00 $49,827.00 $13,975.00 $35,852.00 100 81.62 18.38 14.13 0.28 14.41 3.96 0.59 3.36 0.94 2.42

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