Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Years Jan-12 Jan-11 Jan-10 Net Sales $70.395,00 $67.997,00 $66.176,00 Cost of Good Sold 46133 44693 43764 Gross Profit 24262 23304 22412 Operating Expense Selling and

Years

Jan-12

Jan-11

Jan-10

Net Sales

$70.395,00

$67.997,00

$66.176,00

Cost of Good Sold

46133

44693

43764

Gross Profit

24262

23304

22412

Operating Expense

Selling and administrative expenses

16028

15849

15902

Depreciation and amortization

1573

1616

1707

Total operating charge

17601

17465

17609

Operating profit

6661

5839

4803

Other Income (expense)

Interest income

(13)

(15)

(18)

Interest expense

606

530

676

Interest and other, net

593

566

821

Earnings before income taxes

6068

5273

3982

Provision for income taxes

2185

1935

1362

Net Earnings

$ 3.883,00

$ 3.338,00

$ 2.661,00

Weighted average common shares outstanding:

Basic

$ 2,49

$ 2,03

$ 1,58

Diluted

$ 2,47

$ 2,01

$ 1,57

how sales evolve from 2011 to 2012, what pace have operating cost increased or decreased in comparison and what could be causes of evolution in gross profit? 300 words minimum please

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions