Jdt2 Task1

In: Business and Management

Submitted By Adanna2009
Words 8347
Pages 34
Financial Analysis JET Task1
Western Governors University

Prepare a summary report in which you do the following
1. Evaluate the company’s operational strengths and weakness based on the following:
A. Horizontal analysis of financial statements involves comparison of a financial ratio, a benchmark, or a line item over a number of accounting periods. This method of analysis is also known as trend analysis. Horizontal analysis allows the assessment of relative changes in different items over time. It also indicates the behavior of revenues, expenses, and other line items of financial statements over the course of time. Horizontal analysis of financial statements can be performed on any of the item in the income statement, balance sheet For example, this analysis can be performed on revenues, cost of sales, expenses, assets, cash, equity and liabilities. It can also be performed on ratios such as earnings per share (EPS), price earnings ratio, dividend payout, and other similar ratio.
Horizontal Analysis from the income statement:
1. Net Sales: There was an increase in sales from year six to year seven in the amount of 1,495,000 resulting in a 33.3% increase and a decrease in sale from year seven to year eight in the amount of 897,000 resulting in a 15% decrease in sale. In this analysis, the product of competition Bikes Inc. were good with the public from year 6 to year 7 and the increase in sale resulted to a 29.4% of an increase in pay to the executives in year 6 and 7 and on the other hand the sale decreased from year 7 to year 8 to a 15%. The decrease in sale resulted to a zero bonus or increase in the executive pay. Also this decrease in sale may be as a result the competition bike competitors are getting better in their product manufacturing and the public might be buying more of the competitor’s products.
2. Cost of goods sold: In year 6…...

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