Compute the annual dollar changes and percent changes for each of the followingaccounts.
Answer to relevant QuestionsFor each ratio listed, identify whether the change in ratio value from 2012 to 2013 is usually regarded as favorable orunfavorable.Express the following comparative income statements in common- size percents and assess whether or not this company’s situation has improved in the most recent year (round the percents to onedecimal).Refer to Simon Company’s financial information in Exercises 17-7 and 17-9. Evaluate the company’s efficiency and profitability by computing the following for 2014 and 2013: In Exercise 17-7, Simon Company’s year-end ...Selected year- end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2012, were inventory, $ 48,900; total assets, $ 189,400; common stock, $ 90,000; ...Refer to Polaris financial statements in Appendix A to answer the following. 1. Using fiscal 2009 as the base year, compute trend percents for fiscal years 2009, 2010, and 2011 for revenues, cost of sales, operating income, ...
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