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University Of Illinois At Urbana-Champaign Operations And Supply Chain Management Assignment Help - (Ratios Analysis)

Question - 1. 2. Problem 1 Required:Express each income statement component as a percentage of sales, and comment on the trends in each line from 2012 to 2013. 2013 % Sales 2012 % Sales Comments Sales $ 1,000,000 $ 1,200,000 Cost of goods sold $ 450,000 $ 600,000 Gross margin $ 550,000 $ 600,000 Operating expenses $ 600,000 $ 450,000 Net income $(50,000) $ 150,000 Problem 2 Required:Compute (1) accounts receivable turnover for 2013, (2) the inventory turnover for 2013, and (3) the net margin for 2012. Balance sheet items 2013 2012 Accounts receivable $ 380,000.00 $ 376,000.00 Allowance for doubtful accounts $ (20,000.00) $ (16,000.00) Net accounts receivable $ 360,000.00 $ 360,000.00 ...Read More

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