NNita CorporationComparative Income StatementsFor the years ended December 31, 202520212022202320242025Sales1,7101,7222,4152,7003,001Less: Cost of good sold1,2521,3001,6991,9302,200Gross Profit458422716770801Less : Distribution Costs228237370424510Administrative Expenses100109160165188Total Operating Expenses328346530589698Operating IncomeLess: Interest Expense130761861811031915242016Net Income before taxes1116116216187Less: Income Tax3921575623Net Income after Taxes724010510564TREND ANALYSISSTATEMENT OF FINANCIAL POSITION20212022202320242025AssetsCurrent AssetsCash & Cash Equivalent100209211263295Trade & Other Receivable10036373744Inventory1007687101110Prepaid Expenses100113124139131Total Current Assets100116121131129Noncurrent Assets10095103115118Property, Plant & EquipmentIntangiblesTotal Noncurrent Asset100152164169169TOTAL ASSETS100152164169169100115124134136LIABILITIES AND SHAREHOLDERS' EQUITYCurrent LiabilitiesTrade & Other PayablesUnearned Revenues10094907984Notes Payable - currentTotal Current Liabialities1001851541117410026355042Noncurrent Liabilities10096897873Notes Payable-noncurrentTotal Liabilities100163147139122Shareholders'Equity1001181099990Preference SharesP100 parOrdinary Shares, P1 parPremium on Ordinary SharesTotal Paid-in- Capital100121146146146100181252252252100130160160160Retained Earnings1007983150177Total Shareholders' Equity100113134157166TOTAL LIABILITIES & SHAREHOLDERS' EQUITY100115124134136Trend Analysis of Income Statements20212022202320242025Sales100101141158175LEss: Cost of good sold100104136154176Gross Profit10092156168175Less: Distribution Costs100104162186224Administrative Expenses100109160165188Total Operating Expenses100105162180213Operating IncomeLess: Interest Expense10058143139791007912610584Net Income before taxes1005514614578Less: Income Tax1005414614459Net Income after Taxes1005614614689Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the followinganalyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term FinancialPosition; Operating Efficiency and Profitability then Implication to Management. NNita CorporationComparative Statements of Financial PositionDecember 31, 2021 to 202520212022202320242025AssetsCurrent AssetsCash & Cash Equivalent57119120150168Trade & Other Receivables20875777791Inventory530403462535585Prepaid Expenses390441485542509Total Current Assets397459479520512Noncurrent Assets1,5821,4971,6231,8241,865Property, Plant & EquipmentIntangibleTotal Noncurrent Assets8601,3101,4101,4501,456TOTAL ASSETS8601,4101,4501,4561,3102,8072,4423,0333,2743,321Liabilities and Shareholders' EquityCurrent LiabilitiesTrade & Other PayablesUnearned Revenues380358342299319Notes Payable - current11421117512684Total Current Liabilities14037497059NonCurrent LiabilitiesNotes Payable - noncurrent634606566495462Total Liabilities326531478454399Shareholder's Equity9601,1371,044949861Preference Shares P100 parOrdinary Share, P1parPremium on Ordinary SharesTotal Paid-in-Capital8481,0301,2351.2351,2351352453403403409831,2751,5751,5751,575Retained EarningsTotal Shareholders' Equity4993954147508851,4821,6701,9892,3522,460TOTAL LIABILITIES & SHAREHOLDERS'2,4422,8073,0333,2743,321EQUITY

Trend Analysis Trend analysis which is used to measure the performance of the financial statement…

Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the following analyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term Financial Position; Operating Efficiency and Profitability then Implication to Management.

Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the following analyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term Financial Position; Operating Efficiency and Profitability then Implication to Management.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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