Answer To: 10 questions
Mohammad Wasif answered on Nov 27 2021
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 $ ...