1 answer

# Exercise 13-04 (Video) Operating data for Riverbed Corp are presented below. Sales revenue Cost of goods...

###### Question:

Exercise 13-04 (Video) Operating data for Riverbed Corp are presented below. Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 2020 $880,000 618,640 126,720 61,600 30,800 42,240 2019$540,000 336,420 64,800 39,420 22,680 76,680 Prepare a schedule showing a vertical analysis for 2020 and 2019. (Round percentages to 1 decimal place, e.g. 12.1%.) RIVERBED CORP Condensed Income Statement For the Years Ended December 31 V 2020 2019 Amount Percent Amount Percent Sales $880,000 %$540,000 % Cost of goods sold 618,640 % 336,420 % Gross profit 261,360 % 203,580 % Selling expenses 126,720 % 64,800 % Administrative expenses 61,600 % 39,420 % Total operating expenses 188,320 % 104,220 % Income before income taxes 73,040 % 99,360 % Income tax expense 30,800 % 22,680 % Net income $42,240 %$ 76,680 %

## Answers

#### Similar Solved Questions

1 answer
##### JAVA Modify the code to create a class called box, wherein you find the area. I...
JAVA Modify the code to create a class called box, wherein you find the area. I have the code in rectangle and needs to change it to box. Here is my code. Rectangle.java public class Rectangle { private int length; private int width;       public void setRectangle(int length, int...
1 answer
1 answer
##### How do ethics influence human behavior in organizations
How do ethics influence human behavior in organizations? What can you do to be a good corporate citizen and use ethical behavior?...
1 answer
##### Stuart Company Balance Sheet As of January 24, 2019 (amounts in thousands) Cash 8,400 Accounts Payable...
Stuart Company Balance Sheet As of January 24, 2019 (amounts in thousands) Cash 8,400 Accounts Payable 2,800 Accounts Receivable 4,700 Debt 3,400 Inventory 4,200 Other Liabilities 900 Property Plant & Equipment 17,200 Total Liabilities 7,100 Other Assets 2,800 Paid-In Capital 6,700 ...
1 answer
##### Problem 3 Suppose that we have a random variable with pdf given by f(1) = exp(-2)...
Problem 3 Suppose that we have a random variable with pdf given by f(1) = exp(-2) - 1 € (0,0) Part A Find the CDF, F(2). Part B Find the inverse cdf, F (2) Part C Write psuedo-code to outline how to generate a random sample from the pdf f(2). Part D Using the software of your choice, generate 1...
1 answer
##### Coco has an exclusive contract with Mex exporters. Two brands of chocolates are imported, (MT) and (ET). The following data are provided for the current fiscal year: Budgeted Operating Results...
Coco has an exclusive contract with Mex exporters. Two brands of chocolates are imported, (MT) and (ET). The following data are provided for the current fiscal year: Budgeted Operating Results MT ET MT ET Price per pound 60 80 40 46 Variable cost per pound 20 34 20 36 ...
1 answer
##### 6. The cardiac systems of mammals have some nice scaling properties. The external work of the...
6. The cardiac systems of mammals have some nice scaling properties. The external work of the heart, Ew is dependent on the blood pressure and the stroke volume and has dimensions of Joules. The metabolic turnover rate, EMTR has dimensions of joules/sec/kg. The mass of an animal is M (kg) and the he...
1 answer
##### 2. Chuck-a-Luck This game is quite popular at many carnivals and gambling casinos: A player bets...
2. Chuck-a-Luck This game is quite popular at many carnivals and gambling casinos: A player bets on one of the numbers 1 through 6. Three dice are then rolled, and if the number bet by the player appears i times, i = 1, 2, 3, then the player wins i units; on the other hand, if the number bet by the ...
1 answer
##### A certain reaction has positive values for both   ΔH   and   ΔS. Therefore, the reaction a. can be spontaneous if...
A certain reaction has positive values for both   ΔH   and   ΔS. Therefore, the reaction a. can be spontaneous if the temperature is low enough. b. Cannot be spontaneous at any temperature. c. must be spontaneous at all temperatures. d. can be...
1 answer
##### How do we find the eccentricity of the conic (3x+9)^2+(3y-12)^2-(2x-y)^2 = 6y-12x+9?
How do we find the eccentricity of the conic (3x+9)^2+(3y-12)^2-(2x-y)^2 = 6y-12x+9?...
1 answer
##### The principal-agent problem happens because the owner Group of answer choices cannot control the production process....
The principal-agent problem happens because the owner Group of answer choices cannot control the production process. cannot spend time at the physical plant site. cannot monitor the efforts of the manager. cannot evaluate the efforts of the manager....
1 answer
##### A discrete random variable, X, has the following probability distribution: P(X) lorem What is the probability...
A discrete random variable, X, has the following probability distribution: P(X) lorem What is the probability that X is not more than 1? (b) What is the probability that X is at least 22|| What is the mean of X? (d) What is the standard deviation of X?...
1 answer
##### I designed and detailed the beam in problem 3 as you see. Redesign the reinforced concrete...
I designed and detailed the beam in problem 3 as you see. Redesign the reinforced concrete beam of problem 3, If the value of factored bending moment increased to 1,600 k.ft where the section needs to be designed as a doubly reinforced beam. 3) Design and detail the reinforced concrete beam shown b...
1 answer
##### 1) Given the following ‘generic’ program. var aVar; aVar = 10; sub1(); function sub1 () {  &...
1) Given the following ‘generic’ program. var aVar; aVar = 10; sub1(); function sub1 () {     Sub2();     Print (“ aVar = “ aVar + “\n”); } function sub2() {    var aVar;    aVar = 4; } What would be output under s...
1 answer
##### Assume the risk-free rate is 5% and that the market risk premium is 7%. What is...
Assume the risk-free rate is 5% and that the market risk premium is 7%. What is the required rate of return with a beta of 1.25? O 11.25% 17.75% 13.759 15.00...
1 answer
##### Problem 1: Two reversible refrigeration cycles are arranged in series. The first cycle receives energy by...
Problem 1: Two reversible refrigeration cycles are arranged in series. The first cycle receives energy by heat transfer from a cold reservoir at temperature Tc and rejects energy by heat transfer to a reservoir at an intermediate temperature T greater than Te. The second cycle receives energy by hea...