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Posted: March 20th, 2017
Week 3
Hello Tutors,
I need help with this. Please read carefully before accepting bid. I have attached a PDF file that should be used for Assignment A – thanks.
Assignment A:
Referencing this week’s readings and lecture, address the following:
What are the two causes of an increasing or decreasing sales number?
Discuss all the reasons that might explain an increase or decrease in gross profit.
Assignment B:
Analyzing an Income Statement
Income statements are presented in the table below for the Elf Corporation for the years ending December 31, 2010 – Essay Writing Service: Write My Essay by Top-Notch Writer, 2009, and 2008 – Affordable Custom Essay Writing Service | Write My Essay from Pro Writers. Write a one-paragraph analysis of Elf Corporation’s profit performance for the period. Create a common-sized income statement for the three years. What conclusions can you draw from the different parts of the statement? What are the causes and effects of Elf’s performance for those three years?
Elf Corporation Income Statements for the Years Ending December 31
(in millions) 2010 – Essay Writing Service: Write My Essay by Top-Notch Writer 2009 2008 – Affordable Custom Essay Writing Service | Write My Essay from Pro Writers
Sales $700 $650 $550
Cost of goods sold 350 325 275
Operating Expenses:
Administrative 100 100 100
Advertising and marketing 50 75 75
Operating profit $200 $150 $100
Interest expense 70 50 30
Earnings before tax $130 $100 $70
Tax expense 65 50 35
Net income $65 $50 $35
Assignment C:
Income Statement – Ford Motor Company
In a two- to three-page paper (excluding the title and reference pages), explain the purpose of an income statement and how it reflects the firm’s financial status. Include important points that an analyst would use in assessing the financial condition of the company. Also, analyze Ford Motor Company’s income statement from its 2014: 2024 – Essay Writing Service. Custom Essay Services Cheap Annual Report (Links to an external site.)Links to an external site..
Your paper must be formatted according to APA style as outlined in the Writing Center, and it must include citations and references for the text and at least two scholarly sources from the University Library.
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