Muhammad Luthfi Mahendra - 2001036085 - Tugas 5

Name : Muhammad Luthfi Mahendra
NIM : 2001036085
Course : Accounting
Lecturer : Nurrita Affan, SE. MM., Ak., CA
PR 17-1A : Horizontal analysis of income statement
1.) Increase/Decrease
Account 2014 2013 Amount
Sales $ 1,092,500 950,000 142,500
Sales return and allowances 57,500 50,000 7,500
Net sales 1,035,000 900,000 135,000
Cost of goods sold 625,000 500,000 125,000
Gross profit 410,000 400,000 10,000
Selling expenses 153,600 120,000 33,600
Administrative expenses 97,600 80,000 17,600
Total operating expenses 251,200 200,000 51,200
Income from operations 158,800 200,000 - 41,200
Other incomes 15,000 10,000 5,000
Income before income tax 173,800 210,000 - 36,200
Income tax expenses 23,000 20,000 3,000
Net income 150,800 190,000 - 39,200
2.) To make Lindell Company running with a good profit they should cut down the expenses
Column1
Percentage
15%
15%
15%
25%
2.50%
28%
22%
25.60%
-20.60%
50%
-17.24%
15%
-20.63%
PR 17-2A : Vertical analysis of income statement
1.) Account 2014 Percentage 2013 Percentage2

Sales $ 922,500 100% 820,000 100%
Sales Return and Allowances 22,500 2.44% 20,000 2.44%
Net Sales 900,000 97.56% 800,000 97.56%
Cost of Goods Sold 360,000 39.02% 340,000 41.46%
Gross Profit 540,000 58.54% 460,000 56.10%
Selling Expenses 216,000 23.41% 176,000 21.46%
Administrative Expenses 81,000 8.78% 72,000 8.78%
Total Operating Expenses 297,000 32.20% 248,000 30.24%
Incom from Operations 243,000 26.34% 212,000 25.85%
Other Income 135,000 14.63% 92,000 11.22%
Income before Income Tax 378,000 40.98% 304,000 37.07%
Income Tax Expenses 270,000 29.27% 240,000 29.27%
Net Income 108,000 11.71% 64,000 7.80%
2.) Even though the sold more on 2014, the profits of 2013 are higher
PR 17-4A : Nineteen measures of solvency and profitability
Number Following Measures Total

1 Working capital 660,000 Total Current Assets - Total Current Liabiliti
2 Current ratio 2.5 Currents Assets / Current Liabilities
3 Quick ratio 2 Quick Assets / Current Liabilities
4 Accounts receivable turnover 10 Net Credit Sales/ Average Account receivab
5 Number of days' sales in receivables 36,5 days Average Accounts Receivables / Average Da
6 Inventory turnover 8 times Cost of Goods Sold / Average Inventory
7 Number of days' sales in inventory 45,6 days Average Inventory / Average Daily Cost of G
8 Ratio of fixed assets to long-term liabilities 1.2 Fixed Assets / Long-term Liabilities
9 Ratio of liabilities to stockholders' equity 0.5 Total Liabilities / Stockholders's Equity
10 Number of times interest charges are earned 6.8% Income before Income Tax + Interest Expen
11 Number of times preferred dividends are earned 6 times Net Income / Preferred Dividends Payout
12 Ratio of net sales to assets 26.30137% Net Sales / Average Total Assets
13 Rate earned on total assets 6.575342% Net Income / Average Total Assets
14 Rate earned on stockholders' equity 9.287926% Net Income / Stockholders' Equity
15 Rate earned on common stockholders' equity 9.853068% Net Income - Preferred Dividends / Average
16 Earnings per share on common stock 28.5 Net Income - Preferred Dividends / Weighte
17 Price-earning ratio 2.5 Market Value per Share / Earning per Share
18 Dividends per share of common stock 25.7 SUM of Dividends Over A Period - Special D
19 Dividend yield 1.40% Annual Dividend / Stock Price * 100
nt Assets - Total Current Liabilities
sets / Current Liabilities
s / Current Liabilities
Sales/ Average Account receivables
counts Receivables / Average Daily Sales
ds Sold / Average Inventory
entory / Average Daily Cost of Goods Sold
s / Long-term Liabilities
ties / Stockholders's Equity
ore Income Tax + Interest Expense / Interest Expense
/ Preferred Dividends Payout
Average Total Assets
/ Average Total Assets
/ Stockholders' Equity
- Preferred Dividends / Average Common Stockholders Equity
- Preferred Dividends / Weighted Average Share Outstanding
ue per Share / Earning per Share
dends Over A Period - Special Dividends / Ordinary Shares
dend / Stock Price * 100

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Name : Muhammad Luthfi Mahendra

PR 17-1A : Horizontal analysis of income statement

1.) Account 2014 Percentage 2013 Percentage2

Number Following Measures Total

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