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Tableau Dashboard Activity 4-1: Multi-Step Income Statements The following Tablesu Dashboards show the total of all income and expense transactions for Barksdale Corporation. Use the
Tableau Dashboard Activity 4-1: Multi-Step Income Statements The following Tablesu Dashboards show the total of all income and expense transactions for Barksdale Corporation. Use the visualizations to answer the following questions: Barksdale Income Account Barksdale Expenses 250K 200K Vlages Expense 70,000 150K Value 100K | Cont of Goods Sold 120,000 Transportation-out 5.000 Income Tax Expense 10.000 8.000 OK Net Sales Gain on Sale of Land Common Size Metrics Company 0.6 0.4 Return on Sales Percen. Groc Margin Percenta.. 0.0 0.08 0.06 0.04 0.02 Abbington Inc Barksdale Corporation Brooks Inc Lemmings in Stockton Co tableau Required: 1. Construct a multi-step income statement using the data provided. 2. If a customer returned merchandise inventory with a sales price of $500 and cost to the company of $200, which of the following appropriately describes the impact that this transaction would have on the income statement? 3. the managers of Barksdale Corporation are interested in examining controllable operating expenses, should income tax expense be Included in the same pie chart as the other expenses provided? 4. The gross margin percentage is incomplete for Barksdale Corporation in the provided Tableau Dashboard. What should the gross margin percentage be for Barksdale Corporation? 5. Which company performed the best based on the return on sales ratio? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3 Reg 4 Req5 Construct a multi-step income statement using the data provided. Income Statement $ 240,000 (120,000) Less Operating Expenses: Total Operating Expenses: $ 0 0 Non-operating Items: Total non-operating items: 0 99 0
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