Income Statement and Related Footnotes a. Is the general format of the income statement closer to single-step or multiple-step? The general format of the income statement is closer to multiple-step. b. Income Statement figures for the most recent fiscal year Cost of goods sold Amount | Percentage of total revenue | $47,860,000,000 | 68.50% ($47,860,000,000/$69,865,000,000) | Reference: Consolidated Statements of Operations, Form 10-K, Page 31.
Debt to assets ratio $1,202,134 (total debt) / $1,404,726 (total assets) = 87.4% B.) ROA is a measure of profitability or effectiveness of resource usage calculated by expressing a company’s net income as a percentage of total assets. As for Sepracor, its ROA is 4.5%. This means that Sepracor created 4.5 cents of earnings from each dollar of assets. The ROE for Sepracor is 33.07%, which means that 33.07 cents of assets are created for each dollar that was originally invested.
Inventory turnover 56,534,254 / 8,517,203 = 6.6 * Profitability ratios 5. Asset turnover $56,534,254 / 34,825,498 = 1.6 times 6. Profit margin $2,430,872 / 56,534,254 = 4.3 7. Return on assets $2,430,872 / 34,825,498 = 6.9 8. Return on common stockholders’ equity $29,946,992 - (2430872-15801332) / 200,000 = 82.9% * Solvency ratios 9.
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
Question : (TCO 4) The current ratio is given by: current assets divided by non-current assets. current assets divided by total assets. current assets divided by current liabilities. current assets divided by total liabilities. : 3 5 of 5 Question 8.
Graded Unit 2 - Management Accounting CONTENTS Terms of reference 3 Procedures 3 Findings 3 - 9 Budgetary control process 3 - 7 Budgetary control system 7 - 8 Advantages of budgeting and budgetary control 8 Conclusions 9 Recommendation 9 Bibliography 10 References 11 Appendix 1 12 - 13 Appendix 2 14 - 15 Appendix 3 16 - 19 Appendix 4 20 Appendix 5 21 - 24 Appendix 6 25 Appendix 7 26 - 27 Appendix 8 28
Financial Statement Analysis 22319, Spring 2012 Thursday 1st November Individual Assignment: Part Three Prospective Analysis & Application – Management Consultant Report John Smith - 10999XXX 1 Table of Contents Introduction ........................................................................................................................ 3 Prospective Analysis ........................................................................................................ 3 Forecasting ................................................................................................................................... 3 Valuation Models ........................................................................................................................ 3 Sensitivity ...................................................................................................................................... 4 Recommendation ........................................................................................................................ 5 Management Consultant Report ................................................................................... 5 Challenges ..................................................................................................................................... 5 Opportunities ............................................................................................................................... 6 Conclusion ............................................................................................................................ 6 Appendices
Amounts Variable overhead: Price variance $ (0%) (0%) Efficiency variance $ (0%) (0%) Fixed overhead: Price variance $ (0%) (0%) ________________________________________ P16-45 Overhead Variances (L.O. 5, 6) Lima Parts, Inc., shows the following overhead information for the current period: Actual overhead incurred $ 29,400 2/3 of which is variable Budgeted fixed overhead $ 8,640 per
Week 5 Assignments: Acc 206_Week_Five_Assignment Chapter Eight Problems 1. Basic present value calculations 2)Cash flow calculations and net present
(Hint: be sure to enter a sentinel value for end of file processing later.) Part B: Using a separate algorithm, use the monthly_Sales.dat file as input to determine the company’s annual profit. Be sure to THINK about the logic and design first (IPO chart and or pseudocode), then code the Visual Logic command line processing. Rubric: When completed staple the following documents together neatly in 1,2,3,4 order: 1) This instruction sheet first 2) The IPO Chart, second 3) The Pseudocode, third 4) The Flowchart and output example last. Point distribution for this application: Annual Profit | Document: | Points possible: | Points received | Part A | 10 | | Part B | 10 | | Total Points | 20 | | IPO Chart A: Input | Processing | Output | | | | Pseudocode: Start Display “Begin writing to file: monthly_Sales.txt Display “Data for 12 months has been written to the monthly_Sales.txt file.” Declare sales = 10000 FOR month From 1 To