Copy of Chapter 17 TemplateINCLASS

Copy of Chapter 17 TemplateINCLASS - 19% Net income 1,950...

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Ex 17-2 Revenues: FY 2006 Percent FY 2005 Percent Increase <Decrease> Admissions 175,208 31% 177,352 33% Ex 17-5 FY 2010 FY 2009 Amount Percent Event-related 183,404 32% 168,359 31% Sales 196,000 160,000 36,000 23% NASCAR 162,715 29% 140,956 26% Cost of goods sold 170,100 140,000 30,100 22% Other 46,038 8% 57,401 11% Gross profit 25,900 20,000 5,900 30% Total Revenue 567,365 100% 544,068 100% Selling expenses 12,200 10,000 2,200 22% Administrative expenses 9,750 8,000 1,750 22% Total operating expenses 21,950 18,000 3,950 22% Direct expense 95,990 17% 97,042 18% Income before tax 3,950 2,000 1,950 98% NASCAR 105,826 19% 96,306 18% Income taxes 2,000 1,000 1,000 100% Other 113,141 20% 102,535
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Unformatted text preview: 19% Net income 1,950 1,000 950 95% Gen &amp; Admin 78,070 14% 73,281 13% Total Expenses &amp; other 393,027 69% 369,164 68% Income from continuing op. 174,338 31% 174,904 32% Ex 17-4 FYE 2010 FYE 2009 Current Assets 320,000 200,000 Property, plant, and equipment 560,000 560,000 Intangible assets 120,000 40,000 Current liabilities 210,000 120,000 Long term liabilities 350,000 300,000 Common stock 100,000 100,000 Retained Earnings 340,000 380,000 2,009 2,008 2,007 2,006 2,005 Sales 128,000 112,000 125,000 115,000 100,000 Trend Total Assets 1,240,000 1,190,000 1,285,000 1,230,000 1,125,000 Trend This is a type of horizontal analysis called trend ananlysis....
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This note was uploaded on 02/11/2012 for the course BUSINESS 130 taught by Professor Mccormack during the Spring '10 term at Berea.

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