Income Statement for the ear Ended 3 0 Net Saies ( All on Credit ) . 7
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Question:
Income Statement for the ear Ended Net Saies All on Credit COGS. Depreciation.
EBIT
Interest.
Taxes
Net Incorne.
Dividends paid
Additiona to retained earnings
Balance sheet Assets
Cash.
AR
Inventory.
Total Current Assets.
Total Fixed Assets.
Total Assets.
Liabilities & Equity
iabilities
Accounts Payables.
Notes Payables.
Total Current Liabilities.
Long Term Debt.
EQUITY.
Common Stock. Retained earnings.
Total liabilities and equity Prepare the common Size Financial Statements and advise on which areas the company can improve on and how?
Expert Answer:
To prepare commonsize financial statements we express each line item as a percentage of net sales Heres how we calculate it 1 CommonSize Income Statem... View the full answer
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