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Use the following Exhibit, answer the question: How has Aurora Textile performed over the past four years? Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4
Use the following Exhibit, answer the question: How has Aurora Textile performed over the past four years?
Exhibit 1
Exhibit 2
Exhibit 3
Exhibit 4
Exhibit 5
nsolidated Statement of Operations for the Fiscal Years Ending December, 31 1999-2002 (S thousands) 002 187.673 190.473 151.893 144.116 1.2064 .2045 10235 0.4421 0.4465 0.4296 0.6429 0.6487 0.4509 1999 2000 Pounds shipped (000's) Average selling price lb Conversion Cost /lb Average Raw Material Cost/lb 13103 0.4447 0.7077 S245,908S229,787 S182,955 S147,503 132,812 122,461 98,536 64,982 84.212 67.822 61.912 23,11416,59720,609 14,218 11.635 10,305 13.005 11.196 9.859 445 6,7735,1303,440 1,143 -1,232 -409 4,7587,564 6,980 -9,739 -17.,354 -10,968 3.506 -6.247 -3.949 $6,233) ($11,106 ($7,020 Net Sales Raw Material Cost Cost of Conversion 83.454 29.641 14,603 15,241 203 6,777 Gross Margin SG&A Expenses Depreciation & Amortization Operating Profit Interest Expense Other Income (Expense) Asset Impairments* Earnings Before Income Tax Provision Income Tax Provision (Benefit) @ 36% tax rate Net Earnings -4,109-6,234 2.513 $4,467 *Costs associated with the shut down of plantsStep by Step Solution
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