Al Yamamah University Income Statemenet Fiscal Questions

Wnpbo1212

Business Finance

Al Yamamah University

Question Description

the file attached

i uploaded a file that has the all the questions

probably 13 questions

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Final Answer

Find the solution sheet attached herewith.

Answer 1.

✓ Salary of the CEO -- will be included as administrative expense
✓ Office supplies - will be included as administrative expense

✓ Utilities in research laboratories - will not be included (its R&D exp)
✓ Depreciation on company jet -- will be included as general expenses
✓ Wages of manufacturing employees -- will not be included
✓ Shipping costs for products delivered to customers -- will be included as selling exp
✓ Pharmaceuticals consumed during trials - will not be included (its R&D exp)
✓ Depreciation on packaging machines - will not be included

Answer 2

2013

2014

2015

Net Sales

19657

100.0%

20247

100.0%

20405

100.0%

R&D Expenses

1371

7.0%

1345

6.6%

1405

6.9%

From the common size analysis we can say that, R&D exp...

NppbhagfPunzc (1053)
Cornell University

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