Soal TM 2 Pertemuan 23
Soal-soal
Financial Statement Analysis
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pada pertemuan yang dimaksudkan.
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SOAL TUGAS MANDIRI 23
E 19-1 Using the following data from the comparative balance sheet of Jane
Hull Company, illustrate horizontal analysis.
December 31, 2006
December 31, 2005
Account receivable
$ 540,000
$
400,000
Accounts payable
840,000
600,000
Income taxes payable
3,640,000
2,800,000
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SOAL TUGAS MANDIRI 23
E 19-3 Net income was $500,000 in 2004, $400,000 in 2005, and $508,000
in 2006. What is the percentage of change from:
(a) 2004 to 2005?, and
(b) 2005 to 2006?
Is the change an increase or decrease?
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SOAL TUGAS MANDIRI 23
E 19-6 Horizontal analysis (trend analysis) percentages for
Company’s sales, cost of goods sold, and expenses are show below.
Horizontal Analysis
Sales
Cost of goods sold
Expenses
2006
96,2
102,0
109,6
2005
106,8
97,0
98,4
Klamoth
2004
100,0
100,0
100,0
Did Klamoth’s net income increase, decrease, or remain unchanged over the 3year period
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SOAL TUGAS MANDIRI 23
P 19-1 Comparative statement data for Rocking Company and Rolling
Company, two competitors, appear below. All balance sheet data are as of
December 31, 2006, and December 31, 2005.
Rocking Compay
2006
2005
1,549,035
1,080,490
292,275
8,980
,500
325,975
312,10
521,310
500,000
70,325
75,815
108,500
90,000
500,000
500,000
168,460
16,595
Rolling Company
2006
2005
339,038
241,000
79,000
2,252
6,650
83,336
79,467
139,728
125,812
35,38
30,281
29,620
25,000
120,000
120,000
38,096
29,998
Net sales
Cost of goods sold
Operating expenses
Interest expense
Income tax expense
Current assets
Plant assets (net)
Current liabilities
Long term liabilities
Common stock, $10 par
Retained earnings
Instructions:
a) Prepare a vertical analysis of the 206 income statement data Rocking
Company and Rolling Company in columnar form.
b) Comment on the relative profitability of the companies by computing the
return on assets and te return on common stocholders’s equity ratios for
both companies.
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