Menu
support@graduatecourseshelp.com
+1(805) 568 7317

financial statement analysis mdash ratios the following financial statement informat 691859

Financial Statement Analysis—Ratios

The following financial statement information for Tronics Inc. is available:

(In thousands)

2008

2007

2006

Sales                                                      

$6,041

$5,872

$5,324

Cost of goods sold                                            

3,202

2,877

2,396

Operating expenses                                           

1,991

1,779

1,578

Income taxes                                                

165

222

280

The following information relates to the firm’s common stock for the same period:

 

2008

2007

2006

Shares outstanding          

1,000

1,000

1,000

Market value per share at year end

$813.00

$1,225.00

$1,532.00

Instructions:

1. For each year compute

(a) Gross profit percentage.

(b) Return on sales.

(c) Price earnings ratio.

2. Do you notice any significant trends as a result of this analysis?

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"GET15"

Order Now