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Review the Tableau visualization, and then answer the questions that follow. Sales Revenue Cost of Goods Sold Depreciation Exp Bad Debt Exp Income Statement
Review the Tableau visualization, and then answer the questions that follow. Sales Revenue Cost of Goods Sold Depreciation Exp Bad Debt Exp Income Statement Warranty Exp Net Income $80,000 $0 $50,000 $100,000 $150,000 $200,000 Balance Sheet Cash Accounts Receivable Allowance for Uncol Accts Inventory Equipment Accum Depr Total Assets Accounts Payable Warranty Liab Common Stock $275,000 Uncollectible Accounts Estimate Before Adjustment 5% of Accounts Receivable 15% of Accounts Receivable Lower of Cost or NRV Estimate Before Adjustment $4,000 NRV Below Cost $12,000 NRV Below Cost Depreciation Estimate O Before Adjustment 6 Years 12 Years Warranty Estimate Before Adjustment 4% of Sales Revenue O 12% of Sales Revenue Risk Analysis Current Ratio Debt-to-Equity Rat.. 10.3 5.8% Profitability Analysis Retained Earnings Total Liab and Equities $0 $50,000 $100,000 $150,000 $200,000 $250,000 $275,000 $300,000 40.0% Gross Profit Ratio Profit Margin 40.0%
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