Evaluate the company's performance against industry average ratios and against last years results. Show all computations? B
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B Ratio (% of Sales) Cost of goods sold Gross profits Selling expense Gen. & admin. expense Depreciation expense -Total operating expense Operating profits Interest expense Net profits before taxes Taxes Net profits after taxes Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Selling Expense Gen & admin. expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Dreamscape, Inc. For the Year Ended December 31, 2012 74.5% 25.5 8.0 5.1 24 15.5 10.0 1.4 8.6 24 5.2 Industry Average For the Year Ended December 31, 2013 70.0% 30.0 7.0 4.9 20 13.9 16.1 1.0 15.1 6.0 9.1 $1,000,000 750,000 $ 250,000 $ 70,000 48,000 20,000 $ 138,000 $ 112,000 $ $ 20,000 92,000 36,800 55,200 B Ratio (% of Sales) Cost of goods sold Gross profits Selling expense Gen. & admin. expense Depreciation expense -Total operating expense Operating profits Interest expense Net profits before taxes Taxes Net profits after taxes Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Selling Expense Gen & admin. expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Dreamscape, Inc. For the Year Ended December 31, 2012 74.5% 25.5 8.0 5.1 24 15.5 10.0 1.4 8.6 24 5.2 Industry Average For the Year Ended December 31, 2013 70.0% 30.0 7.0 4.9 20 13.9 16.1 1.0 15.1 6.0 9.1 $1,000,000 750,000 $ 250,000 $ 70,000 48,000 20,000 $ 138,000 $ 112,000 $ $ 20,000 92,000 36,800 55,200
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To evaluate the companys performance against industry average ratios and against last years results we will calculate the relevant financial ratios and compare them with the industry average and the p... View the full answer
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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