10 questions

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Answered Same DayNov 25, 2021

Answer To: 10 questions

Mohammad Wasif answered on Nov 27 2021
153 Votes
1
    Percentage Change = Dollar Change / Year 2016
    Accounts    2017    2016    Dollar change    Percentage change
    Short-term investment    $ 378,398    $ 237,313    $
141,085    59.5%
    Accounts receivable    $ 100,704    $ 104,650    $ (3,946)    -3.8%
    Notes payable    $ - 0    $ 91,913    $ (91,913)    -100.0%
2
        Analysis period net sales    Base Year Net sales    Trend Percent
    2017    $ 689,520    $ 338,000    204%
    2016    $ 338,000    $ 338,000    100%
3
        Analysis Period Cost of Goods Sold    Analysis Period Net Sales    Common-Size Percents
    2017    $396,204    $804,752    49.23%
    2016    $137,165    $456,474    30.05%
4
    Trend Percent for Net Sales
        Current Year Net Sales    Base Year Net Sales    Sales
    2017    617,152    178,900    345%
    2016    406,021    178,900    227%
    2015    323,523    178,900    181%
    2014    236,148    178,900    132%
    Trend Percent for Net Sales
        Current Year Cost of Goods Sold    Base YearCost of Goods Sold    COGS
    2017    317,198    91,239    348%
    2016    208,821    91,239    229%
    2015    168,297    91,239    184%
    2014    121,485    91,239    133%
    Trend Percent for Net Sales
        Current Year Accounts Receivable    Base Year Accounts Receivable    Accounts Rece
    2017    29,747    12,237    243%
    2016    23,752    12,237    194%
    2015    22,129    12,237    181%
    2014    13,744    12,237    112%
5
        2017        2016
        $    %    $    %
    Sales    $ 755,000    100.0    $ 640,000    100.0
    Cost of Goods Sold    $ 562,700    74.5    $ 295,400    46.2
    Gross Profit    $ 212,300    28.1    $ 344,600    53.8
    Operating Expenses    $ 128,000    17.0    $ 239,600    37.4
    Net Income    $ 84,300    11.2    $ 105,000    16.4
    2)
    No
6
        2017    2016    2015
    Sales    $ 105,400    $ 104,200    $ ...
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