To forecast 2010 sales based on 2009 sales, Equation 1 must be used: St = $500,000 + $1.10St–1 S2010 = $500,000 + $1.10($1,500,000) = $2,150,000 3. Equation 2 requires a forecast of gross domestic product. Equation 3 uses the actual gross domestic product for the past year and, therefore, is observable. 4. Advantages: Using the highest R2, the lowest
This is important so the company knows how much profit they have gain at the end of the report. * What are the total assets at the end of the previous annual reporting period? * * The total asset of the previous annual report is $11,297,000 which was reported on May 30, 2011. * How much cash and cash equivalents did the company have at the end of its most recent annual reporting period? * * The company has $2,317,000 of cash and cash equivalents.
a) PKR 3,200 b) PKR 18,000 c) PKR 30,000 d) PKR 33,200 15. Firm A has a Return on Equity (ROE) equal to 24%, while firm B has an ROE of 15% during the same year. Both firms have a total debt ratio (D/V) equal to 0.8. Firm A has an asset turnover ratio of 0.9, while firm B has an asset turnover ratio equal to 0.4. From this we know that a) Firm A has a higher profit margin than firm B b) Firm B has a higher profit margin than firm A c) Firm A and B have the same profit margin d) Firm A has a higher equity multiplier than firm B 16.
What was the current ratio for 2010? How did the current ratio change? What is the implication of that change? 3. What was the Net Sales in 2011, 2010, and 2009?
The operating costs in 2010 were $18,940 billion and in 2009 they were $15,339 billion, (Google.com, 2010). The company has increased operating costs but they have also increased their income and the worth of the company’s stock has
AMBA 630 Week 2 1.) What 3 items of important information does the income statement reveal about the financial performance of the company over the last three years? $ in Millions(except for per share items) | 2011 | 2010 | 2009 | Revenue | 12,317 | 11,691 | 10,908 | Gross Profit | 1,602 | 1,475 | 1,235 | S. G. & A Expense | 752 | 780 | 722 | Operating Income | 508 | 695 | -274 | Net Income | 198 | 458 | -346 | Income Statement % | 2011 | 2010 | 2009 | Revenue Growth | 95 | 93 | | Gross Profit/Revenue | 13 | 13 | | S. G. & A Expense | 6 | 6 | 6 | Operating Income/Revenue | 4 | 6 | -3 | Net Income/Revenue | 2 | 4 | 3 | Revenue Growth: Should grow over time, & the Marriot
__________ d. What is the amount of gross profit recognized in 2012? __________ e. As a result of this project, what is reported on the December 31, 2010, balance sheet? 9 6. (10 points) Assume Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2011, Z-Mart made installments sales of $300,000 and received payments of $135,000 on those sales.
Home Depot reported its AS&RE liability in fiscal year 2010 ending at $1,263,000 dollars and OAE liability ending fiscal year reported $1,589,000. The subsequent year AS&RE fiscal year ending reported $1,290,000 and the OAE listed it fiscal year endings at $$1,515,000. The AS&RE liability increased by $27,000 from 2010 to 2011 this is a direct reflection of Home Depot’s employment of over 300,000 associates worldwide. (Home Depot, 2011). Total Liabilities Home Depot reported its total liabilities for the ending fiscal year 2010 at $21,484,000, and the following year 2011 reported a fiscal year ending total of $21,236,000.
CONSIDER THE POSSIBILITIES 2010 ANNUAL REPORT Robert A. Niblock Chairman of the Board and Chief Executive Officer We are growing again. lowe’s 2010 comparable store sales increased 1.3% – the first such increase since 2005. From 2005 to 2010 our total U.s. sales increased by 12.9%, while the home improvement market defined by the north american industrial Classification system (naiCs) 444 declined 10.4%, indicating that we increased our market share during this period of contraction. During that time, we continued to focus on the strengths that have differentiated us as a home improvement retailer: great service, operational excellence and innovative merchandising. In 2010, we generated solid earnings and cash flow as we grew our
The final component of trading accounts is gross profit; gross profit is the amount of money that is left after the cost of goods sold has been taken away from the stock turnover. The formula for gross profit is sales turnover – cost of goods sold. According to business alpha the gross profit was 410,000.