Warr22e_IM_TM_Ch17 - Transparency Master 17-1 HORIZONTAL...

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Transparency Master 17-1 HORIZONTAL ANALYSIS Using the income statement for Home Depot, compute the percentage change for the following items: Percentage Change 2001-2002 2000-2001* Net sales Cost of merchandise sold Total operating expenses Net earnings * Fiscal year 2002 ended February 2, 2003 Fiscal year 2001 ended February 3, 2002 Fiscal year 2000 ended January 28, 2001
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Transparency Master 17-2 HORIZONTAL ANALYSIS Solution Using the income statement for Home Depot, compute the percentage change for the following items: Percentage Change 2001-2002 2000-2001* Net sales 8.8 17.1 Cost of merchandise sold 7.3 16.7 10.0 19.4 Total operating expenses 9.5 18.2 Net earnings 20.4 17.9 * Fiscal year 2002 ended February 2, 2003 Fiscal year 2001 ended February 3, 2002 Fiscal year 2000 ended January 28, 2001
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Transparency Master 17-3 VERTICAL ANALYSIS Consolidated Statement of Earnings For the Year Ended February 2, 2003 Net sales. .............................................................. 100.0% Cost of merchandise sold. ................................. 68.9% GROSS PROFIT. ............................................. 31.1%
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This note was uploaded on 04/20/2010 for the course BUSINESS Accounting taught by Professor Ebiohuche during the Spring '10 term at DeVry Manhattan.

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Warr22e_IM_TM_Ch17 - Transparency Master 17-1 HORIZONTAL...

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