Question

The following consolidated income statements and balance sheets are available for Azimio Products:

Required:
1. Explain why income from operations decreased in 2010 and 2011 while sales increased.
2. Determine whether the proportion of resources invested in the various asset categories changed from 2009 to 2011.
3. Determine whether the proportion of capital supplied by creditors changed.
4. Indicate from what sources Azimio secured the capital to finance its increase in current assets in 2011.


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  • CreatedSeptember 22, 2015
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