AC202 Homework Problem #1 Comparative statements for Kool Corporation are shown below:    Calculate trend percentages for all income statement amounts shown. Use 2010 as the base year. Problem #2 . Express the following income statement information in common-size percents (round to nearest whole percent).

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AC202 Homework Problem #1 Comparative statements for Kool Corporation are shown below:?    Calculate trend percentages for all income statement amounts shown. Use 2010 as the base year. Problem #2 . Express the following income statement information in common-size percents (round to nearest whole percent). ?    Problem #3 Shown below are selected data from the balance sheet of Certain Value Hardware, a small retail store (dollar amounts are in thousands): Cash \$ 40 Accounts receivable 200 Inventory 390 Total assets 900 Current liabilities 300 Non-current liabilities 240 From this information, compute the acid test ratio the current ratio the working capital (in thousands) Shown below are selected data from the financial statements of Beck Intelligent Systems (dollar amounts are in millions, except for the per-share data). Income statement data: Net sales \$4,000 Cost of goods sold 1,800 Operating expenses 1,400 Net income 600 Balance sheet data: Average total equity 3,000 Average total assets 5,000 Per share data (these amounts stated in actual dollars, not millions): Beck Intelligent Systems reported earnings per share for the year of \$2 and paid cash dividends of \$1 per share. At year-end, the Wall Street Journal listed Beck Intelligent Systems’ capital stock as trading at \$100 per share. From this information, compute the: Gross margin ratio Return on total assets Return on equity Price/earnings ratio at year end Given below are comparative balance sheets and an income statement for Ringer Corporation Ringer Corporation Balance Sheets – 2011 Dec. 31 Jan. 1 ??Ringer Corporation Income Statement for 2011???Cash?\$ 15,000?\$ 14,000??Sales?\$205,000??Accounts receivable?45,000?37,000??Cost of goods sold?(117,250)??Inventory?32,000?35,000??Gross profit on sales?\$ 87,750??Equipment (net)?55,000?65,000??Operating expenses?(57,950)???? =SUM(ABOVE) ?\$147,000???…