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Author Question: Strategic Analysis of Profitability of King Philip Company: Income Statement Amounts in 2017Revenue ... (Read 71 times)

sammy

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Question 1

Strategic Analysis of Profitability of King Philip Company:

Income
Statement
Amounts
in 2017
Revenue and
Cost Effects
of Growth
Component
in 2017
Revenue and
Cost Effects of
Price-Recovery
Component
in 2017
Cost Effect of
Productivity
Component
in 2017
Income
Statement
Amounts
in 2017
Revenues ($)39,0009000 F2500 U(b)(e)
Costs26,500(a)800 U(c)30,100
Operating
income
12,5003800 F3300 U2400 F(d)
What is the operating income amount for 2017 (d)?
◦ $45,500
◦ $32,500
◦ $15,400
◦ $9600

Question 2

Strategic Analysis of Profitability of King Philip Company:

Income
Statement
Amounts
in 2017
Revenue and
Cost Effects
of Growth
Component
in 2018
Revenue and
Cost Effects of
Price-Recovery
Component
in 2018
Cost Effect of
Productivity
Component
in 2018
Income
Statement
Amounts
in 2018
Revenues ($)40,00013,000 F2400 U(b)(e)
Costs23,500(a)600 U(c)25,900
Operating
income
16,5008700 F3000 U2500 F(d)
What is the revenue amount for 2018 (e)?
◦ $1200
◦ $40,000
◦ $50,600
◦ $24,700


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Marked as best answer by sammy on Mar 6, 2021

tkempin

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sammy

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)


tandmlomax84

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Reply 3 on: Yesterday
Excellent

 

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