Review the summarized consolidated statement of income

Assignment Help Accounting Basics
Reference no: EM131345480

Review the summarized consolidated statement of income for the manufacturing company whose data is shown in Table 6.5. Use graphics software to prepare a set of bar charts that shows the data for this year compared with the data for last year.

a. This year, operating revenues increased by 1.5 percent, while operating expenses increased 1.0 percent.

b. Other income and expenses decreased to $12,000.

c. Interest and other charges increased to $285,000.

If you were a financial analyst tracking this company, what additional data might you need to perform a more complete financial analysis? Write a brief memo summarizing your data needs.

Operating results for a manufacturing firm
Operating Results (In million)
Operating Revenues $2,924,100
Operating Expences(including taxes) 2485600
Operating Income 440500
Other Income and Expenses 15400
Income before Interest and other charges 453900
Interest and other charge 453900
Net Income 191100
Average Common Share Outstainding 145000
Earning per share 132

Reference no: EM131345480

Questions Cloud

Discuss gabriels alienation at the party : Discuss Gabriel's alienation at the party. What prevents him from fully participating, fully enjoying himself? Why does he feel alienated, both at the party and afterwards when alone with his wife? How are Prufrock and Gabriel alike
Determine that resistance or explain why not : Find the value of the feedback resistor RF that will cause the gain K = vO = vS to go to infinity.- Is there a value of RF that will yield K = 2? Determine that resistance or explain why not.
Draw the production possibility frontier for each country : Draw the production possibility frontier for each country and show where the two produce without trade. Label the axes accurately.
Discuss the ethics of continuing to do business with firm : Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the economic, legal and ethical issues. Describe how a written code of ethics might impact your decision.
Review the summarized consolidated statement of income : Review the summarized consolidated statement of income for the manufacturing company whose data is shown in Table 6.5. Use graphics software to prepare a set of bar charts that shows the data for this year compared with the data for last year.
Find the thevenin equivalent circuit : Find the Thévenin equivalent circuit that the load RL sees in given Figure.- Repeat the problem with RF replaced by an open circuit.
Evaluate and describe two types of temporary regulations : Evaluate and describe two types of temporary regulations and explore the effects on the taxpayer. Discuss the weight of the temporary regulation and what issues may strengthen or weaken the temporary regulation.
Develop a plan for a health advocacy campaign : Begin to develop a plan for a health advocacy campaign that seeks to create a new policy or change an existing policy with regard to the issue and population you selected
Find the thevenin equivalent circuit : Find the Thévenin equivalent circuit that the load RL sees in given Figure.- Then if RP = r = RL = 10 kΩ, RS = 1kΩ, and vS = 1 V, find the power delivered to the load resistor.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd