Operating data for Fleetwood Corporation are presented below: section*{Instructions} Prepare a schedule showing a vertical analysis for
Question:
Operating data for Fleetwood Corporation are presented below:
\section*{Instructions}
Prepare a schedule showing a vertical analysis for 1997 and 1996.
Transcribed Image Text:
1997 1996 Sales $800,000 $600,000 Cost of goods sold 472,000 390,000 Selling expenses 120,000 72,000 Administrative expenses 80,000 54,000 Income tax expense 38,400 25,200 Net income 89,600 58,800
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
Use the Same Comprehensive Annual Financial Report for All 4 Chapters/see the CAFR attached below Chapter 2 2-1 Obtain a Comprehensive Annual Financial Report and answer the following questions. From...
-
Exercises E3.1 (LO2) (Transaction Analysis-Service Company) Kai Edo is a licensed public accountant. During the first month of operations of her business (a sole proprietorship), the following events...
-
I need the following Answered. E3-3B E3-5B E3-8B E3-14B P3-8B P3-11B c03BExercises.qxd 12/7/12 10:30 AM Page 1 B EXERCISES 4 E3-1B (Transaction AnalysisService Company) Brown is a licensed CPA....
-
Julia Robertson is a senior at Tech, and she's investigating different ways to finance her final year at school. She is considering leasing a food booth outside the Tech stadium at home football...
-
The U.S. Social Security program is funded on a PAYGO basis along with a trust fund. Explain what rationales might account for this hybrid method of financing.
-
What is the difference between email and web-based surveys?
-
Discuss the role of statistical inference with respect to the huge sample sizes prevalent in data mining.
-
Assume that AB Tire Store completed the following perpetual inventory transactions for a line of tires: Requirements 1. Compute cost of goods sold and gross profit using the FIFO inventory costing...
-
Question 2 Not complete Mark 1.33 out of 4.00 P Flag question Compute and interpret Altman's Z-scores Following is selected financial information for eBay Inc., for its fiscal years 2016 and 2015....
-
The comparative balance sheets of Oklahoma Corporation are presented below: \section*{Instructions} (a) Prepare a horizontal analysis of the balance sheet data for Oklahoma Corporation using 1996 as...
-
Financial information for Merchandise Inc. is presented below: \section*{Instructions} Prepare a schedule showing a horizontal analysis for 1996 using 1995 as the base year. December 31, 1996...
-
The Balance Sheet of H Ltd. and S Ltd. as at 31.12.2015 were as follows: Additional information: (a) Sundry Creditors of S Ltd. include 10,000 due to H Ltd. (b) Bills Receivable of H Ltd. include ...
-
Which topics do you see as being most relevant to your current job or the job you will seek to obtain once you have earned your degree? How so ? In which ways has this course Commercial Law changed...
-
Directions Answer the following reflective questions: There do exist examples of business organizations following principles of behavior that are not entirely self-serving, but rather, are pursuing...
-
10 Count scallops cost $12.97 per pound. How much do they cost for each? A Wagyu Beef New York Strip costs $14 per pound and weighs 15 pounds. The useable yield is 12.5 pounds. How many 12 ounce...
-
How do coordinating agencies differ in a crisis, disaster, and an emergency ?Explain
-
How do we manage and respond to customer feedback and reviews to maintain a positive brand reputation? Explain with the help of examples.
-
What is a ping, and how does it work?
-
Annual dividends of ATTA Corp grew from $0.96 in 2005 to $1.76 in 2017. What was the annual growth rate?
-
What is the duration for the following bond with annual payments? 5.6300 5.7957 4.9894 5.1910 5.3806
-
DOLLAR TREE GROCERY OUTLET Short-Term Liquidity 2021 2022 2021 2022 Current Ratio 1.35 1.51 1.86 1.67 Quick Ratio 0.24 0.15 0.63 0.42 Cash Ratio Cash Conversion Cycle 34.78 45.75 19.41 21.61 Days...
-
A family has a $117,443, 25-year mortgage at 5.4% compounded monthly. (A) Find the monthly payment and the total interest paid. (B) Suppose the family decides to add an extra $100 to its mortgage...
Study smarter with the SolutionInn App