Compute trend analysis for analysis financial statement

Assignment Help Financial Accounting
Reference no: EM1314651

Computation of trend analysis for analysis financial statement.

The purpose of this assignment is to compute a trend analysis and interpret the results. The following sales and accounts receivable information is available for the Partridge Pear Tree Company.

 

2005

2006

2007

Net Sales

$112,000

$136,000

$158,000

Accounts Receivable (net)

$21,000

$32,000

$43,000

Using 2005 as the base year, prepare a trend analysis on the above data and tell whether the results suggest a favorable or unfavorable trend and why. You may round your answer to one decimal point in making your analysis.

Reference no: EM1314651

Questions Cloud

Prepare next year''s financial plan for haverly : Prepare next year's financial plan for Haverly on the basis of these assumptions and last year's financial statements. Include a projected income statement, balance sheet, and statement of cash flows.
Maximum height above the water the stone reaches : An archer shoots an arrow horizontally at the target 14 m away. The arrow is aimed directly at the center of target, but it hits 59 cm lower.
Simplify the algebraic expression : Simplify the algebraic expression.
Normal distribution and mean time : How much time should the employer allow employees to finish the job? (Round up to the nearest minute).
Compute trend analysis for analysis financial statement : Computation of trend analysis for analysis financial statement - Using 2005 as the base year, prepare a trend analysis on the above data and tell whether the results suggest a favorable or unfavorable trend and why.
What is the force on the block from wall : Two long, parallel wires are separated by a distance of 3.40. The force per unit length that each wire exerts on the other is 3.20×10-5, and the wires repel each other. The current in one wire is 0.6690.
Find out the tension in each right cable and left cable : A 2.10kg snowball is fired from a cliff 8.55 m high with an initial velocity of 11.90 m/s, directed 47.0° above the horizontal. (a) Using energy techniques, find speed of the snowball as it reaches the ground below the cliff. What is that speed (b) i..
Labour force participation rate and unemployment rate : The BLS estimates that in 2002, the number of working-age adults was 211.9 million, labour force was 141.8 million, and the total number of employed was 135.1 million.  Calculate the following:
Which areas require further analysis and investigation : Analysis of financial statement using horizontal analysis - Prepare the 2006 common-size income statement and compare it to the 2005 statement. Which areas require further analysis and investigation?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculating annuity future value

how much will you have in the account in 5 years? In 10 years? In 20 years and Calculating Annuity Future value.

  Estimate the companys weights of capital

Estimate the companys weights of capital and estimate the companys before-tax and after-tax component cost of debt.

  Find the company''s cost of common equity

Find the company's cost of common equity if all of its equity comes from retained earnings and What would the cost of equity from new stock be?

  Financial statements of the subsidiary

financial statements of the subsidiary and the parent are consolidated.

  Journal entrie for purchase on account merchandise inventory

Journal entries for Purchased on account Merchandise Inventory to be held for resale

  Find the wacc and cost of common equity

WACC and cost of common equity - If the firm's net income is expected to be $1.1 billion, what portion of its net income is the firm expected to pay out as dividends?

  Evaluate the selling price per unit

Evaluate the selling price per unit. Which of the following is not a difference between financial accounting and managerial accounting?

  How is the gross profit rate evaluated in this problem

How is the gross profit rate evaluated in this problem - Patrick uses the equity technique to account for its investment

  Evaluate the issue price of the bonds

Evaluate the issue price of the bonds and prepare the amortization table for 2011; consider that amortization is recorded on interest payment dates.

  Purpose a statement of revenues and changes in fund balance

Purpose a Statement of Revenues, Changes and Expenditures in Fund Balance for the debt service fund

  Determine the theoretical basis for the accounting standard

What criteria have to be met by the lease in order that Doherty Company classifies it as a capital lease? What criteria has to be met by the lease meet in order that Lambert Company categorize it as a sales-type or direct financing lease?

  Compute taxable income as well as income tax payable

Compute taxable income as well as income tax payable for 2012. Which of the differences are temporary and which are permanent

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd