Hi guys I need help with this problem asap.

Attached (I hope) you will find a portion of the income sratement from Dover Downs (yes, the casino/hotel). Three years are presented 2007-2009. You will notice they have two line items for Revenue ("sales"), use the combined figure if you need it (for example, for 2009, Revenue would be $232,799,000 (note you add three zeros as the statement says at the top "in thousands").

Using the technique of "common-sized analysis" discuss how well or badly Dover Downs controlled two expense items: "Gaming" and "General & administrative". I need to see your calculations. Obviously your analysis is based upon the numbers!

http://www.dowerdowns.com/my inkfiles/general pages/2009-Annual-Rep Internet Explorer provided by W doverdowns.com/mylinlfiles/g pdf Fle Edit View Favcrites Tools Help Favorites ht//www.doverdowns.com/mylinifiles/gener.. Creation Tools DRAFT Bookmarks DOVER DOWNS GAMING&ENTERTAINMENT, INC. New Edt New Edit CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE EARNINGS (im thousands, except per share data) Revenues: 213,855 Gaming Other operating 219,878 $224,760 441924 7606 139132 242366 Gaming Other operating General and administrative 175,785 14,758 6,678 2,177 69360 16.101 6317 66,040 15,268 6,319 Impairment charge 11999 10,849 2843 2133 20.62, 195,470 21.462 Operating eamings Interest expemse Eanings before income taxes Income taxes 36505 46,896 2.37634874 19,086 33,021 44,155 730, 13.510 18.070 Bookmarks 8.50 x 1100 in Optons