The Simmons Corporations Income Statement Is Given Below, Ch04 Income Statement And Related Information
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Transcribed image text the simmons corporations income statement is given below simmons corporation sales 233000 137000 cost of goods sold gross profit fixed charges other than interest 96000 31800 64200 19800 income before interest and taxes interest 44400 15540 income before taxes taxes 28860 income after taxes a.
Dragon pictures to print. Simmon maintenance company balance sheet assets liabilitites cash 1500000 accounts payable 2100000 accounts. Given the balance sheet and income statement for simmons maintenance company compute the ratios below. Given the balance sheet and income state for simmons maintenance company compute the ratios that are also shown for the industry average.
Find the companys financial performance revenue and more. Simmons corporation 295000 121000 sales cost of goods sold 174000 29700 gross profit fixed charges other than interest income before interest and taxes interest 144300 21400 income before taxes taxes 122900 3015 income after taxes 79885 a. The right answer refers to the question of whether a particular ratio for simmons is better or worse than the industry average.
Given the balance sheet and income statement for simmons maintenance company compute the ratios below. The right answer refers to the question of whether a particular ratio for simmons is better or worse than the industry average. The income statement earnings report for simmons first national corporation.
Assets cash accts receivable inventory current assets net capital assets simmons maintenance company balance sheet liabilities. The right answer refers to the question of whether a particular ratio for simmons is better or worse than the industry average.
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