Spreadsheet Exercise

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The income statement and balance sheet are the basic reports that a firm constructs for use by management and for distribution to stockholders, regulatory bodies, and the general public. They are the primary sources of historical financial information about the firm. Dayton Products, Inc., is a moderate-sized manufacturen The company's management has asked you to perform a detailed financial statement analysis of the firm.

The income statement data for the years ending December 31, 2009 and 2008, respectively, is presented in the table at the top of page 101. {Note: Purchases of inventory during 2009 amounted to $109,865.)




Cost of goods sold



Selling, general, and administrative expenses



Other tax expense



Depreciation and amortization



Other income (add to EEIT to arrive at EBT)



Interest expense

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Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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