Identify at least five types of useful financial information

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Reference no: EM132634092 , Length: Word count: 600

 

 

 

Bacon Signs

 

 

2013 Income Statement (000's)

 

 

 

2013

 

Net Sales

$7,418

 

COGS

$5,271

 

Depreciation

$745

 

EBIT

$1,402

 

Interest

$305

 

EBT

$1,097

 

Taxes (35%)

$384

 

Net Income

$713

 

 

 

 

Dividends Paid

$250

 

Addition to Retained Earnings

$463

 

 

 

 

Bacon Signs

 

 

2012 and 2013 Balance Sheets (000's)

 

 

Assets

2012

2013

Cash

$972

$500

A/R

$1,680

$2,670

Inventory

$875

$738

Total Current Assets

$3,527

$3,908

 

 

 

Net Fixed Assets

$12,680

$14,155

 

 

 

Total Assets

$16,207

$18,063

 

 

 

Liabilities

2012

2013

A/P

725

1765

N/P

1525

1178

Total Current Liabilities

2250

2943

 

 

 

Long-Term Debt

5000

5500

Common Stock

4000

4200

Retained Earnings

4957

5420

Total Liabilities and Equity

16207

18063

Question 1: Calculate a number of financial ratios. However, financial ratios alone, while often very useful, are insufficient for a thorough financial analysis.

Question 2: Identify at least 5 types of useful financial information you would like to use in conjunction with the ratios you could calculate from the information provided.

Reference no: EM132634092

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