Income Statement components of revenue, cost of goods sold, gross margin, operating expenses, and net income....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
"Income Statement components of revenue, cost of goods sold, gross margin, operating expenses, and net income." Please write at least 5 sentences about this bullet point after reading the instructions and analyzing the data. Will give in return if done correctly! Thanks so much Purpose: This assignment will introduce you to the concepts of financial statements analysis, help you develop knowledge and skills associated with financial statement analysis, provide a comprehensive example that can be used for application of previously learned concepts and skills, and foster your collaboration and communication skills. You will use the knowledge and skills listed below: Horizontal and vertical analysis Ratio analysis for liquidity, solvency, profitability, and stock Income Statement components of Revenue, Cost of Goods Sold, Gross Margin, Operating Expenses, and Net Income Balance Sheet components of Short-term Assets, Long-term Assets, Current Liabilities, Long-term Liabilities, Retained Earnings, and Stockholders' Equity The limitations of Financial Statement Analysis . . . . • Comparing and analyzing the results for financial statement analysis computations • Evaluating the results of financial statement analysis and producing a conclusion Assignment Summary: Throughout chapter 12 we will be using analytical tools to evaluate the performance of VF and Nike. You will also find some financial analysis tools at the end of most chapters. Use the tools introduced in chapters 12 (and at the end of each chapter) to help you analyze this Paper Packaging Company. We do not have a lot of details about the company's operations, but we do have an Income Statement and Balance Sheet for years 25-28. We also know that this company completed a series of mergers and acquisitions to better position themselves in their market. You will act as an investor who is considering purchasing $1,000,000 in new issuance stock (about 10%). Determine whether to make the investment and provide an analysis backing up your decision. Your job is to unravel the information available, analyze the financial statements and draw some conclusions. You will prodoce (at least) three analytical assessments and a summary of conclusions. Assignment Specifics: Individual Observations- Review the Financial Statements associated with this project and make some initial observations about the company. Come up with at least 3 observations. (For example, by looking at the Income Statement you can see that the company is currently operating profitably. Your observations can be simple or complex, broad, or detailed.) Submit your analysis to the Assignments Folder in D21- Financial Statement Analysis Required: Perform analysis on the Financial Statements provided for the company Produce a summary of your conclusion about the company, including the recommendation you make le, to invest or not to invest Provide the analytical tools you used (at least three) that support your conclusion or recommendation Be sure to include a description of your analysis in addition to the computational work. You should submit + A visually appealing summary that presents your conclusions and provides casy to-understand analytics to support your conclusion. Supplemental work to provide the supporting calculations/computations and descriptions of you . Net sales Cost of goods sold Gross profe Period Ended on Sept 30th of Year Combined SG&A expenses Combined impairments and restructuring and other Goodwill impairment Operating profe Interest expense, ret Other income (or expense) Income before income taxes Income tax expense Income from continuing operation Loes from discontinued operations or noncontrolling interests Net INCOME Cash dividends peid per share Paper Packaging Company Income Statement For the Years Ending Year 26 $ S $ $ $ $ $ $ $ $ $ $ $ 5 14,171,800 $ 11,413,200 $ 2,750,000 $ 1,591,200 5 737,100 $ $ 430,300 $ (256,700) 5 71,000 $ 244,600 5 (9,800) 154,000 $ (351,100) $ (396,300) 5 1,500 $ Year 27 14,859,700 $ 12.141,500 $ 2,718,200 $ 1,600,000 $ 243,400 $ $ 783,200 $ (222,500) S 296,900 $ 857,000 $ (159,000) $ 698.600 $ 9,600 $ 708,200 $ 1,000 S Year 28 16,285,100 12,923,100 3,362,000 1,843,200 321,500 1,187,200 (293,800) 141,400 1,034,800 874,500 1,909,300 (3,200) 1.906,100 1,720 Accounts receivable Inventories Other Current Assets Current assets of discontinued operations Total current assets Paper Packaging Company Balance Sheet As of September 30th for the Years Property, plant and equipment, net Goodwill Intangibles, net Other long-term assets Long-term assets of discontinued operations Total assets LIABILITIES AND EQUITY Current liabilities: Current portion of debt Accounts payable Accrued salaries Other current liabilities Current liabilities of discontinued operations Total current liabilities Pension Liabilities Long-term debt Deferred income taxes OTHER long-term debt Long-term liabilities of discontinued operations Total long-term liabilities Equity: Preferred stock Class 5 Stock Common stock Capital in excess of par value Retained earnings Accumulated other comprehensive los Total stockholders' equity Total Liabilities and Equity Year 25 Year 26 Year 28 Year 27 $1,886,800 $ 1,575,400 $ 1,592,200 $2,010,700 $ 1,761,000 $ 1,638,200 $1,797,300 $1,829,600 $ 261,700 $ 315,800 $ 502,000 $308,000 $362,800 $ $ $ $ 4,176,000 $ 3,912,600 $4,490,900 $4,785,100 $9,159,800 $9,294,300 $9,118,300 $9,082,500 $ 4,647,100 $4,778,100 $ 5,528,300 $5,577,600 $ 2,794,900 $2,599,300 $3,329,300 $3,122,000 $ 2,338,900 $2,453,900 $2,622,200 $2,793,300 $ 2,255,700 $ $ $25,372,400 $23,038,200 $25,089,000 $25,360,500 $ $ 63,700 $292,900 $ 608,700 $ 740,700 $ 1,231,400 $ 1,054,400 $ 1,492,100 $1,716,800 $ 354,900 $ 405,900 $ 416,700 $399,300 $ 410,200 $ 429,800 $ 492,300 $ 475,500 $ 118,000 $ $ $ $ 2.178,800 $ 2,183,000 $3,009,800 $3,333,300 $ 459,000 $ 468,100 $ 432,800 $ 396,100 $ 6,737,000 $6,660,500 57,108,000 $6,828,200 $ 3,189,700 $32,130,700 $3,410,200 $2,321,500 $ 661,400 $ 759,900 $ 742,100 $ 999,000 S 361,800 $ 5 4 $ $11,409,700 $11,025,200 $11,693,100 $10,544,800 $ $ $ $ $ $ 132,100 $ 101,200 $ 43,000 $ 13,000 2,000 $ 2,500 $ 2,500 $ 2,500 $10,767,800 $10,458,600 $10,624,900 $10,588.900 $1,661,600 $ (105,900) $ 172,400 $1,373,300 $ (780,200) 5 (626,400) $ (457,300) 5 (695,300) $11,783,900 $9,830,000 $10,386,100 $11,482,400 $25,372,400 $23,038,200 $25,089,000 $25,360.500 "Income Statement components of revenue, cost of goods sold, gross margin, operating expenses, and net income." Please write at least 5 sentences about this bullet point after reading the instructions and analyzing the data. Will give in return if done correctly! Thanks so much Purpose: This assignment will introduce you to the concepts of financial statements analysis, help you develop knowledge and skills associated with financial statement analysis, provide a comprehensive example that can be used for application of previously learned concepts and skills, and foster your collaboration and communication skills. You will use the knowledge and skills listed below: Horizontal and vertical analysis Ratio analysis for liquidity, solvency, profitability, and stock Income Statement components of Revenue, Cost of Goods Sold, Gross Margin, Operating Expenses, and Net Income Balance Sheet components of Short-term Assets, Long-term Assets, Current Liabilities, Long-term Liabilities, Retained Earnings, and Stockholders' Equity The limitations of Financial Statement Analysis . . . . • Comparing and analyzing the results for financial statement analysis computations • Evaluating the results of financial statement analysis and producing a conclusion Assignment Summary: Throughout chapter 12 we will be using analytical tools to evaluate the performance of VF and Nike. You will also find some financial analysis tools at the end of most chapters. Use the tools introduced in chapters 12 (and at the end of each chapter) to help you analyze this Paper Packaging Company. We do not have a lot of details about the company's operations, but we do have an Income Statement and Balance Sheet for years 25-28. We also know that this company completed a series of mergers and acquisitions to better position themselves in their market. You will act as an investor who is considering purchasing $1,000,000 in new issuance stock (about 10%). Determine whether to make the investment and provide an analysis backing up your decision. Your job is to unravel the information available, analyze the financial statements and draw some conclusions. You will prodoce (at least) three analytical assessments and a summary of conclusions. Assignment Specifics: Individual Observations- Review the Financial Statements associated with this project and make some initial observations about the company. Come up with at least 3 observations. (For example, by looking at the Income Statement you can see that the company is currently operating profitably. Your observations can be simple or complex, broad, or detailed.) Submit your analysis to the Assignments Folder in D21- Financial Statement Analysis Required: Perform analysis on the Financial Statements provided for the company Produce a summary of your conclusion about the company, including the recommendation you make le, to invest or not to invest Provide the analytical tools you used (at least three) that support your conclusion or recommendation Be sure to include a description of your analysis in addition to the computational work. You should submit + A visually appealing summary that presents your conclusions and provides casy to-understand analytics to support your conclusion. Supplemental work to provide the supporting calculations/computations and descriptions of you . Net sales Cost of goods sold Gross profe Period Ended on Sept 30th of Year Combined SG&A expenses Combined impairments and restructuring and other Goodwill impairment Operating profe Interest expense, ret Other income (or expense) Income before income taxes Income tax expense Income from continuing operation Loes from discontinued operations or noncontrolling interests Net INCOME Cash dividends peid per share Paper Packaging Company Income Statement For the Years Ending Year 26 $ S $ $ $ $ $ $ $ $ $ $ $ 5 14,171,800 $ 11,413,200 $ 2,750,000 $ 1,591,200 5 737,100 $ $ 430,300 $ (256,700) 5 71,000 $ 244,600 5 (9,800) 154,000 $ (351,100) $ (396,300) 5 1,500 $ Year 27 14,859,700 $ 12.141,500 $ 2,718,200 $ 1,600,000 $ 243,400 $ $ 783,200 $ (222,500) S 296,900 $ 857,000 $ (159,000) $ 698.600 $ 9,600 $ 708,200 $ 1,000 S Year 28 16,285,100 12,923,100 3,362,000 1,843,200 321,500 1,187,200 (293,800) 141,400 1,034,800 874,500 1,909,300 (3,200) 1.906,100 1,720 Accounts receivable Inventories Other Current Assets Current assets of discontinued operations Total current assets Paper Packaging Company Balance Sheet As of September 30th for the Years Property, plant and equipment, net Goodwill Intangibles, net Other long-term assets Long-term assets of discontinued operations Total assets LIABILITIES AND EQUITY Current liabilities: Current portion of debt Accounts payable Accrued salaries Other current liabilities Current liabilities of discontinued operations Total current liabilities Pension Liabilities Long-term debt Deferred income taxes OTHER long-term debt Long-term liabilities of discontinued operations Total long-term liabilities Equity: Preferred stock Class 5 Stock Common stock Capital in excess of par value Retained earnings Accumulated other comprehensive los Total stockholders' equity Total Liabilities and Equity Year 25 Year 26 Year 28 Year 27 $1,886,800 $ 1,575,400 $ 1,592,200 $2,010,700 $ 1,761,000 $ 1,638,200 $1,797,300 $1,829,600 $ 261,700 $ 315,800 $ 502,000 $308,000 $362,800 $ $ $ $ 4,176,000 $ 3,912,600 $4,490,900 $4,785,100 $9,159,800 $9,294,300 $9,118,300 $9,082,500 $ 4,647,100 $4,778,100 $ 5,528,300 $5,577,600 $ 2,794,900 $2,599,300 $3,329,300 $3,122,000 $ 2,338,900 $2,453,900 $2,622,200 $2,793,300 $ 2,255,700 $ $ $25,372,400 $23,038,200 $25,089,000 $25,360,500 $ $ 63,700 $292,900 $ 608,700 $ 740,700 $ 1,231,400 $ 1,054,400 $ 1,492,100 $1,716,800 $ 354,900 $ 405,900 $ 416,700 $399,300 $ 410,200 $ 429,800 $ 492,300 $ 475,500 $ 118,000 $ $ $ $ 2.178,800 $ 2,183,000 $3,009,800 $3,333,300 $ 459,000 $ 468,100 $ 432,800 $ 396,100 $ 6,737,000 $6,660,500 57,108,000 $6,828,200 $ 3,189,700 $32,130,700 $3,410,200 $2,321,500 $ 661,400 $ 759,900 $ 742,100 $ 999,000 S 361,800 $ 5 4 $ $11,409,700 $11,025,200 $11,693,100 $10,544,800 $ $ $ $ $ $ 132,100 $ 101,200 $ 43,000 $ 13,000 2,000 $ 2,500 $ 2,500 $ 2,500 $10,767,800 $10,458,600 $10,624,900 $10,588.900 $1,661,600 $ (105,900) $ 172,400 $1,373,300 $ (780,200) 5 (626,400) $ (457,300) 5 (695,300) $11,783,900 $9,830,000 $10,386,100 $11,482,400 $25,372,400 $23,038,200 $25,089,000 $25,360.500
Expert Answer:
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
Students also viewed these accounting questions
-
Write out a formula that can be used to value any stock, regardless of its dividend pattern.
-
Write a multiple regression equation that can be used to analyze the data for a randomized block design involving three treatments and two blocks. Define all variables.
-
Write a multiple regression equation that can be used to analyze the data for a two-factorial design with two levels for factor A and three levels for factor B. Define all variables.
-
Why is ultraviolet light, but not infrared light, effective in making certain materials fluoresce?
-
Lon Min has developed a specialized airtight vacuum bag to extend the freshness of seafood shipped to restaurants. He has put together the following demand cost data: Initial inventory = 250 units...
-
The position vector of the point A is 2i 7j + 3k and AB = 5i + 4j k. Find the position vector of the point B.
-
For a closed system, the difference between the heat added to the system and work done by the gas is equal to the change in: (a) Enthalpy (b) Entropy (c) Internal energy (d) Temperature
-
Susan Helms Manufacturing Co. has hired you to evaluate its shipping costs. The following table shows present demand, capacity, and freight costs between each factory and each warehouse. Find the...
-
Thomas and his wife Diana have operated their children's daycare for the last three years. They also own the daycare facility, a building, and the adjacent land on 1322 Glades Road. They have limited...
-
A compound of molecular formula C 8 H 8 O gives the IR and NMR spectra shown here. Propose a structure, and show how it is consistent with the observed absorptions. wavelength (um) 5,5 6. 8 9 10 2.5...
-
Which statement accurately describes the implications of investing in a stock with a positively skewed distribution, as projected by the company's analysis?
-
In a business dinner at which a few board members and top executives are attending, you overhear directors mentioning that the CEOs office has been bugged because they think he is negotiating behind...
-
Identify a firm and document its alliance activity over the past five to ten years (visit the Web site of a public firm, particularly the history page). Examine the list of officers at the company...
-
As part of a corporate restructuring, your analysis helps you conclude that you have rather extensive redundancy in corporate finance and accounting positions. Management concludes that through...
-
Suppose that the following table represents the market share percentage for each firm in the baby food market in Sweden. a. Calculate the three-firm concentration ratio for the baby food industry...
-
Pick a firm of interest to your group. Identify potential acquisition candidates. Explain why these companies would make sense as an acquisition target. Evaluate and describe possible implementation...
-
Roquette Pharma opens pharmaceutical innovation facility in Pennsylvania, US The facility complements the companys current pharma innovation centres in France and Singapore. Roquette Pharma has...
-
Per Bag Direct materials: 25 pounds of CWhiz-2000 @ $0.08/lb. = $ 2.00 Direct labor: 0.05 hour @ $32.00/hr. = $ 1.60 The company manufactured 100,000 bags of Cheese-Be-Good in December and used...
-
(a) Assuming no Securities Fair Value Adjustment account balance at the beginning of the year, prepare the adjusting entry at the end of the year if Laura Companys trading bond investment has a fair...
-
Using the information in E20-20, prepare a worksheet inserting January 1, 2010, balances, showing December 31, 2010, balances, and the journal entry recording postretirement benefit expense. In...
-
Derrick Company establishes a share-appreciation rights program that entitles its new president Dan Scott to receive cash for the difference between the market price of the shares and a...
-
Explain the error in this interpretation of inflation data: In the 12-month period ending in December of 1980, consumer prices rose by 12.4 percentafter a 13.3 percent increase the year before....
-
Answer this letter to Ann Landers: Ive read your column for ages and almost always agree with you. One subject on which we do not see eye-to-eye, however, is senior citizens driving. According to the...
-
Identify the error in Table 3.10, showing consumer prices and the change in prices based on a price index equal to 100 in 2000. Table 3.10 Year Price Index Change from Previous Year Change from 2000...
Study smarter with the SolutionInn App