Prepare a vertical analysis for 2010 and 2009 prepare a

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Reference no: EM13578436

Telic Company Income statement for years ended march 31

	2010	2009
Sales	370,000	350,00
Cost of goods sold	265,200	250,800
Gross margain	104,800	99,200
Operating expenses	79,000	78,200
Income before taxes	25,800	21,000
Income tax expense	7,740	6,300
Net income	18,060	14,700

Telic Company Statement of financial position march 31

	2010	2009
Assets
Cash	20,800	19,400
Accounts receivable	38,200	37,600
inventory	25,300	22,700
Property, plant and equipment	178,700	169,300
Total assets	263,000	249,000
Liabilities and share holders equity
Accounts payable	24,200	29,500
Long-term liabilities	142,000	132,000
Shareholders equity	96,800	87,500
Total liabilities and share holders equity	$263,000	$249,000

Additional info:

common stock issued and outstanding: 50,000 shares

Market price of the stock: 3/31/2010, $23

Dividends paid: 2010, $10,000

Cash flows from operations: 2010,$9,560

Interest expense included in operating expense: 2010, $11,360

Question :

A) Prepare a vertical analysis for 2010 and 2009

B) Prepare a horizontal analysis for 2010

C) prepare a ratio analysis for 2010 in as much detail as possible

Reference no: EM13578436

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