On The Dot Trading saw an increase in net sales, gross profit, and net income from 2016 to 2017. Total assets increased slightly from 2016 to 2017 while current assets increased from $1,006,000 to $1,028,000. Owner's equity also increased from 2016 to 2017 while total liabilities decreased.
On The Dot Trading saw an increase in net sales, gross profit, and net income from 2016 to 2017. Total assets increased slightly from 2016 to 2017 while current assets increased from $1,006,000 to $1,028,000. Owner's equity also increased from 2016 to 2017 while total liabilities decreased.
On The Dot Trading saw an increase in net sales, gross profit, and net income from 2016 to 2017. Total assets increased slightly from 2016 to 2017 while current assets increased from $1,006,000 to $1,028,000. Owner's equity also increased from 2016 to 2017 while total liabilities decreased.
On The Dot Trading saw an increase in net sales, gross profit, and net income from 2016 to 2017. Total assets increased slightly from 2016 to 2017 while current assets increased from $1,006,000 to $1,028,000. Owner's equity also increased from 2016 to 2017 while total liabilities decreased.
Income Statement For the Years Ended December 31 (in millions)
2017 Percent 2016 Percent
Net Sales 4 972 100 4 150 100 Cost of Goods Sold 3 046 61.3 2 444 58.9 Gross Profit 1 926 38.7 1 706 41.1 Selling & Administrative Expenses 1 556 31.3 1 500 36.1 Operating Income 370 7.4 206 5.0 Interest Expense 88 1.8 92 2.2 Income Before Income Taxes 282 5.7 114 2.7 Income Tax Expense 94 1.9 42 1.0 Net Income 188// 38// 72// 1.7// On The Dot Trading Statement of Financial Position As of December 31
Current Assets Cash 225.7 120 100 Short-Term Investments 65 96 100 Accounts Receivable (net) 133.3 111.1 100 Merchandise Inventory 90.9 96.4 100 Total Current Assets 102.8 100.6 100 Property, Plant & Equipment 99.2 99.6 100 TOTAL ASSETS 100.2// 99.9// 100
LIABILITIES and OWNER’S
EQUITY Current Liabilities 88.3 97.3 100 Non-Current Liabilities 93.0 97.7 100 TOTAL LIABILITIES 91.1 97.5 100 OWNER’S EQUITY 107.3 101.7 100 TOTAL LIABILITIES & 100.2// 99.9// 100 OWNER’S EQUITY On The Dot Trading Income Statement For the Years Ended December 31 (in millions)
2017 2016 2015
Net Sales 4 972 4 150 3 600.0 Cost of Goods Sold 3 046 2 444 2 200.0 Gross Profit 1 926 1 706 1 400.0 Selling & Administrative Expenses 1 556 1 500 1 200.0 Operating Income 370 206 200.0 Interest Expense 88 92 84.0 Income Before Income Taxes 282 114 116.0 Income Tax Expense 94 42 37.2 Net Income 188// 72// 78.7
On The Dot Trading
Income Statement For the Years Ended December 31 (in millions)
2017 2016 2015
Net Sales 138.1 115.3 100 Cost of Goods Sold 138.5 111.1 100 Gross Profit 137.6 121.9 100 Selling & Administrative Expenses 129.7 125 100 Operating Income 185 103 100 Interest Expense 104.8 109.5 100 Income Before Income Taxes 243.1 98.3 100 Income Tax Expense 252.7 112.9 100 Net Income 238.9 91.5 100