Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Solved: The following are the financial statements for

Nederland Consumer Products

The following are the financial statements for Nederland Consumer Products Company for the
fiscal year ended September 30, 2013.

Nederland Consumer Products Company

Income Statement for the Fiscal Year

Ended September 30, 2013

Net sales.................................................................... $51,407

Cost of products sold ..................................................... 25,076

Gross margin .............................................................. $26,331

Marketing, research, administrative exp................................ 15,746

Depreciation ................................................................... 758

Operating income (loss) ................................................. $ 9,827

Interest expense ............................................................... 477

Earnings (loss) before income taxes ................................... $ 9,350

Income taxes ............................................................... 2,869

Net earnings (loss) ....................................................... $ 6,481

Nederland Consumer Products Company

Balance Sheet as of September 30, 2013

Calculate all the ratios for which industry figures are available below for Nederland and compare
the firm's ratios with the industry ratios?

Reach out to freelance2040@yahoo.com for enquiry.


The following are the financial statements for Nederland Consumer Products

ANSWER
https://solvedquest.com/the-following-are-the-financial-statements-for-nederland-consumer-
products/

Reach out to freelance2040@yahoo.com for enquiry.


Powered by TCPDF (www.tcpdf.org)

You might also like