What evidence of underperformance do you see in your analysis of the financial statements for Bobs and
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What evidence of underperformance do you see in your analysis of the financial statements for Bob’s and is this suggestive that the management team is doing poorly?
2016 | 2017 | 2018 | 2019 | 2020 | ||
Revenue | 191 | 186 | 210 | 248 | 272 | |
Cost of Goods Sold | 137 | 136 | 157 | 189 | 212 | |
Gross Profit | 54 | 50 | 53 | 59 | 60 | |
Selling and General Expenses | 19 | 29 | 38 | 48 | 47 | |
Operating Profit | 35 | 21 | 15 | 12 | 13 | |
Net Interest Expense | 1 | 0 | 7 | 6 | 6 | |
Pretax Profit | 34 | 21 | 8 | 5 | 7 | |
Taxes | 8 | 5 | 2 | 1 | 2 | |
Net Profit | 26 | 16 | 6 | 4 | 5 | |
Cash and Cash Equivalents | 11 | 10 | 11 | 10 | 9 | |
Accounts Receivable | 10 | 10 | 10 | 14 | 15 | |
Inventory | 7 | 8 | 8 | 11 | 12 | |
Other Current Assets | 4 | 3 | 5 | 7 | 8 | |
Current Assets | 31 | 30 | 34 | 42 | 43 | |
Net Property, Plant, and Equipment | 92 | 90 | 264 | 276 | 289 | |
Other Fixed Assets | 47 | 48 | 49 | 47 | 50 | |
Total Assets | 170 | 168 | 347 | 364 | 382 | |
Accounts Payable | 12 | 13 | 15 | 14 | 12 | |
Wages Payable | 12 | 14 | 14 | 14 | 15 | |
Other Payables | 8 | 8 | 6 | 7 | 8 | |
Current Liabilities | 33 | 36 | 35 | 35 | 36 | |
Debt | 30 | 9 | 183 | 196 | 208 | |
Shareholders’ Equity | 108 | 123 | 129 | 133 | 139 | |
Total Liabilities and Shareholders’ Equity | 170 | 168 | 347 | 364 | 382 |
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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