1. Resolver el problema PA13-1, página 642.
PA13-1 Analyzing Financial Statements Using Horizontal Analyses
Pinnacle Plus declared and paid a cash dividend of $6,600 in the current year. Its comparative financial statements, prepared a
1-Complete the two final columns shown beside each item in Pinnacle Plus’s comparative financial statements. Round the p
Increase in Current
Current Previous Amount Percentage
Income Statement
Sales Revenue $ 110,000.00 $ 99,000.00 $ 11,000.00 11.1
Cost of Good Sold $ 52,000.00 $ 48,000.00 $ 4,000.00 10.8
Gross Profit $ 58,000.00 $ 51,000.00 $ 7,000.00 11.4
Operating Expenses $ 36,000.00 $ 33,000.00 $ 3,000.00 10.9
Interest Expense $ 4,000.00 $ 4,000.00 $ - 10.0
Income Before Income Tax $ 18,000.00 $ 14,000.00 $ 4,000.00 12.9
Income Tax Expense $ 5,400.00 $ 4,200.00 $ 1,200.00 12.9
Net Income $ 12,600.00 $ 9,800.00 $ 2,800.00 12.9
Balance Sheet
Cash $ 69,500.00 $ 38,000.00 $ 31,500.00 18.3
Accounts Receivable, Net $ 17,000.00 $ 12,000.00 $ 5,000.00 14.2
Inventory $ 25,000.00 $ 38,000.00 -$ 13,000.00 -6.6
Property and Equipment, $ 95,000.00 $ 105,000.00 -$ 10,000.00 -9.0
Total Assets $ 206,500.00 $ 193,000.00 $ 13,500.00 10.7
Accounts Payable $ 42,000.00 $ 35,000.00 $ 7,000.00 12.0
Income Tax Payable $ 1,000.00 $ 500.00 $ 500.00 20.0
Note Payable $ 40,000.00 $ 40,000.00 $ - 10.0
Total Liabilities $ 83,000.00 $ 75,500.00 $ 7,500.00 11.0
Common Stock $ 90,000.00 $ 90,000.00 $ - 10.0
Retained Earnigs $ 33,500.00 $ 27,500.00 $ 6,000.00 12.2
Total Liabilities ans Stock $ 206,500.00 $ 193,000.00 $ 13,500.00 10.7
2-Which account increased by the largest dollar amount? Which account increased by the largest percentage?
En monto de dolares la cuenta que incrementa en mayor volumen es efectivo y en porcentaje tambien es la cuenta efectivo
statements, prepared at December 31, reported the following summarized information:
tatements. Round the percentages to one decimal place.
n es la cuenta efectivo
1. Resolver el problema CP13-4, página 640.
A condensed income statement for Electronic Arts and a partially completed vertical analysis follow.
1-Complete the vertical analysis by computing each line item (a)–(d) as a percentage of net revenues. Round to the nearest wh
TIP: In the prior year (2015), Cost of Goods Sold was 32 percent of Net Revenues, computed as ($1,429 ÷ $4,515).
Electronic Arts INC
Income Statement
For the Year Ended March 31
In Millions of US
2016 2015
Net Revenues $ 4,396.00 100% $ 4,515.00 100%
Costs of Good Solds 1354 31% 1429 32
Research an Development Expense 1109 25% 1094 24
Sales and Marketing Expense 622 14% 647 14
General and Administrative Expense 413 10% 397 9
Income From Operations 898 20% 948 21
Other Expenses 21 0% 23 1
Income before Tax 877 20% 925 20
Income Tax Recovery 279 6% 50 1
Net Income $ 1,156.00 26% $ 875.00 19
2-Does Electronic Arts’ 2016 Cost of Goods Sold, as a percentage of Net Revenues, represent better or worse performance as c
Al considerar los ingresos netos vemos que 2015 fue mejor
t revenues. Round to the nearest whole percentage.
ed as ($1,429 ÷ $4,515).
ent better or worse performance as compared to 2015?
Resolver el problema PB13-6, página 648
These two companies are in the same business and state but different cities. Each company has been in operation for about 1
statements. Thor Company wants to borrow $105,000 and Gunnar Company is asking for $36,000. The loans will be for a two-
year total assets and net equipment balances approximate the year’s average and all sales are on account.
1-Calculate the ratios in Exhibit 13.5 for which sufficient information is available. Round all calculations to two decimal place
Net Profit Margin 0.1 0.13
Gross Profit Percentage 0.4 0.46
Return on Equity 0.14 0.16
2-Assume that you work in the loan department of a local bank. You have been asked to analyze the situation and recomme
your analysis prepared in requirement 1, and any other information, give your choice and the supporting explanation.
De acuerdo con el analisis realizado Gunnar hace uso de mejor maners que Thor Company
has been in operation for about 10 years. Both companies received an unqualified audit opinion on the financial
6,000. The loans will be for a two-year period. Neither company issued stock in the current year. Assume the end-of-
re on account.
calculations to two decimal places.
nalyze the situation and recommend which loan is preferable. Based on the data given,
the supporting explanation.