Questions related financial statement Analysis
Case 1: Considering 2007 as the base year, prepare a trend analysis of the following
data for Sami Company, and tell whether the situation shown by the trends is
favorable or unfavorable. (Round your answers to one decimal place.)
2011 2010 2009 2008 2007
Net sales $1,520 $980 $1,200 $880 $1,000
Costs of goods sold 620 600 540 700 600
General and administrative
expenses
290 184 188 160 180
Operating income 610 196 472 20 220
Prepare a trend analysis from the following sales, assuming a base year of 2007. Round to
the nearest whole percent.
2010 2009 2008 2007
$25,000 $40,000 $45,000 $50,000
1 answer
1 answer