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 )
For more course tutorials visit www . tutorialrank . com
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 .