ACC 561 Week 3 Team Assignment Financial Statement Analysis( 2 Set)
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RICHARDS, INC. Income Statement For the Year Ended December 31, 2012 Net Sales $ 180 Cost of Goods Sold 60 Gross Profit 120 Operating Expenses 75 Net Income $ 45
Using vertical analysis, what percentage is assigned to net income? ===============================================
ACC 561 Week 3 Team Assignment Financial Statement Analysis( 2 Set)
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This Tutorial contains 2 Papers of this Assignment
Learning Team members will refer back to their Week 1 Individual Assignment and perform the calculations using the financial statements from their individual companies.
Part I Complete the following:
Perform at least one profitability ratio to measure the income and operating success of your selected company.
Perform at least one liquidity ratio to measure the ability of the company to pay short-term debt and meet unexpected needs.