Financial Statementthediamondprincesscollectionincome Statementfor The ✓ Solved
Financial statement Thediamondprincesscollection Income Statement For the years of Revenue: Cost of goods sold Gross profit Depreciation Earning before Interest & taxes Earning before taxes Taxes 34% 0 30.9 50.5 Net income (Profit) .6 Thediamondprincesscollection Balance Sheet May 3,2020 Assests Liabilities Cash 0 Account payable 0 Inventory 500 Bank loan
,000 Accounts receivable 165 Notes payable 0 Long term assesests assets 100 Long term debt 0 Total current assets ,665 Total liablitiesFinancial Statementthediamondprincesscollectionincome Statementfor The
Financial statement Thediamondprincesscollection Income Statement For the years of Revenue: Cost of goods sold Gross profit Depreciation Earning before Interest & taxes Earning before taxes Taxes 34% 0 30.9 50.5 Net income (Profit) .6 Thediamondprincesscollection Balance Sheet May 3,2020 Assests Liabilities Cash $900 Account payable $700 Inventory 500 Bank loan $1,000 Accounts receivable 165 Notes payable $230 Long term assesests assets 100 Long term debt $500 Total current assets $1,665 Total liablities $2,430 Equipment $1,000 Owners Equity Total assets $4,330 A. Fort Capital $1,900 Total liablities & Owner’s Equity 4330 Simplest cash flow statement Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Assumes all sales are cash sales Opening balance Provision of a service Sales revenue ........39 Sales % increase per month 5 Total inflows ........39 Sales in December of previous year 1000 Expenses Bank balance on December 31st previous year $2,000 Rent Office expenses increase per month 4 Office expenses Wages Total outflows . Closing balance Sheet3 Sheet2
,430 Equipment ,000 Owners Equity Total assets ,330 A. Fort Capital ,900 Total liablities & Owner’s Equity 4330 Simplest cash flow statement Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Assumes all sales are cash sales Opening balance Provision of a service Sales revenue ........39 Sales % increase per month 5 Total inflows ........39 Sales in December of previous year 1000 Expenses Bank balance on December 31st previous yearFinancial Statementthediamondprincesscollectionincome Statementfor The
Financial statement Thediamondprincesscollection Income Statement For the years of Revenue: Cost of goods sold Gross profit Depreciation Earning before Interest & taxes Earning before taxes Taxes 34% 0 30.9 50.5 Net income (Profit) .6 Thediamondprincesscollection Balance Sheet May 3,2020 Assests Liabilities Cash $900 Account payable $700 Inventory 500 Bank loan $1,000 Accounts receivable 165 Notes payable $230 Long term assesests assets 100 Long term debt $500 Total current assets $1,665 Total liablities $2,430 Equipment $1,000 Owners Equity Total assets $4,330 A. Fort Capital $1,900 Total liablities & Owner’s Equity 4330 Simplest cash flow statement Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Assumes all sales are cash sales Opening balance Provision of a service Sales revenue ........39 Sales % increase per month 5 Total inflows ........39 Sales in December of previous year 1000 Expenses Bank balance on December 31st previous year $2,000 Rent Office expenses increase per month 4 Office expenses Wages Total outflows . Closing balance Sheet3 Sheet2
,000 Rent Office expenses increase per month 4 Office expenses Wages Total outflows . Closing balance Sheet3 Sheet2Paper for above instructions
The financial analysis of a business is crucial for determining its performance and potential for growth. The Diamond Princess Collection (DPC) provides a rich dataset through its income statement, balance sheet, and cash flow statement. This report will analyze these financial statements, identify strengths and weaknesses, and assess the overall financial health of the company.
Income Statement Analysis
The income statement for DPC provides fundamental insights into revenue generation and cost management. The relevant figures for analysis are as follows:
- Revenue:
- Cost of Goods Sold: .9
- Gross Profit: