Super Power Company reported the following statistics in its statements of income: *Includes taxes of $3,200,000 in
Question:
*Includes taxes of $3,200,000 in 2009 and $3,000,000 in 2008.
Required
a. Calculate the operating ratio and comment on the results.
b. Calculate the times interest earned and comment on the results.
c. Perform a vertical common-size analysis of revenues, using total revenue as the base, and comment on the relative size of the componentparts.
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Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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