BUSN 5200
Homework
Assignment for Week 3:
For Week 3, please complete the following
for Joe’s Fly-By-Night Oil Company, whose latest income statement and balance
sheet are shown below:
• Prepare a graph of sales and net income for
the years 2008 – 2011. For the purposes
of this exercise, assume the following historical sales and net income figures
for Joe’s Fly-By-Night Oil:
Year
Sales Net Income
2008
$8,200 $1,500
2009 $8,000
$1,400
2010
$9,000 $1,600
2011 $10,000 $1,800
Comment
on the results displayed on the graph.
• Prepare a pie chart of Joe’s Fly-By-Night
Oil’s expense distribution for 2011 and comment on the results displayed.
• Prepare a pie chart of Joe’s Fly-By-Night
Oil’s asset distribution for Aug 31, 2011 and comment on the results displayed.
• Prepare a pie chart of Joe’s Fly-By-Night
Oil’s capital structure for Aug 31, 2011 and comment on the results displayed.
Note: Be sure to comment on each of the four
graphs. The numbers mean little
without your explanatory comments.
