This week there are two (2) assigned discussions board.

1. You are required to make one post for each of the assigned topics for each week. Your post should add value to the discussion and if possible be substantiated with references (properly cited). I agree, good point, etc will not be considered for grading.

2. You are also required to make one post in reply to another posting that helps advance the online conversation for each topic. This post is your chance to be more interactive with your fellow students. Feel free to pose a questions to the group or an individual poster, start a debate or proffer a theory.

Fulfilling requirements 1 and 2 satisfactorily qualifies you for a grade of 75%. Students who exceed the requirements or make outstanding contributions can expect a better grade.

Question #2

Complete the common size analysis for Exercise E3.3 on Page 125 and post it here.

For businesses in this same industry, assume that the normal operating income is 10%. I

f you owned this business would you be satisfied with the results?

3 Complete a common-size vertical analysis of the following condensed in- come statement. Condensed Income Statement Sales revenue Cost of sales Gross margin Operating expenses Operating income $482,000 ( 202.440) $279.560 ( 207.400) $ 72.160