The financial statements of TSMC are presented in Appendix A at the end of this textbook. The
Question:
The financial statements of TSMC are presented in Appendix A at the end of this textbook. The complete annual report, including the notes to the financial statements, is available in the Investors section of the company's website, www.tsmc.com.
Instructions
Answer the following questions using TSMC's consolidated income statement.
(a) What was the percentage change in (1) sales (net revenue) and in (2) net income from 2012 to 2013?
(b) What was the company's gross profit rate in 2012 and 2013?
(c) What was the company's percentage of net income to net sales in 2012 and 2013? Comment on any trend in this percentage.
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Consolidated Income Statement
When talking about the group financial statements the consolidated financial statements include Consolidated Income Statement that a parent must prepare among other sets of consolidated financial statements. Consolidated Income statement that is...
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2012 2013 a 1 Percentage change in sales NT5970242 NT5067453 ...View the full answer
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Related Book For 
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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