2. In the current year, Komatsu Co. reported net income of $650,000, which was about 5%...

 

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2. In the current year, Komatsu Co. reported net income of $650,000, which was about 5% decreases over prior year net income. What is prior year net income? Show all calculations. (4 points) Do not carry any decimal. 3. Below is data for General Mill YEAR SALE COGS NI 2014 17630.3 11016.8 1221.3 2015 16563.1 9989.6 1697.4 2016 15619.8 9367 1657.5 2017 15740.4 9668.8 2131 3.1.Conduct two horizontal analyses using data for.General Mill Show all calculations (8. points) Round to three decimals.. 3.2 Based on your analyses the above do you think performance of General Mill (a) favorable or (b) unfavorable and (b) why? (2+3 points) 2. In the current year, Komatsu Co. reported net income of $650,000, which was about 5% decreases over prior year net income. What is prior year net income? Show all calculations. (4 points) Do not carry any decimal. 3. Below is data for General Mill YEAR SALE COGS NI 2014 17630.3 11016.8 1221.3 2015 16563.1 9989.6 1697.4 2016 15619.8 9367 1657.5 2017 15740.4 9668.8 2131 3.1.Conduct two horizontal analyses using data for.General Mill Show all calculations (8. points) Round to three decimals.. 3.2 Based on your analyses the above do you think performance of General Mill (a) favorable or (b) unfavorable and (b) why? (2+3 points)

Answer rating: 100% (QA)

31 Horizontal Analysis SALE COGS NI Notes 2014 Change 2015 2015 Amount 176303 165631 110168 99896 10... View the full answer