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Tool

In: Business and Management

Submitted By wysui
Words 1148
Pages 5
Analysis Tools

1. Comparative financial statement analysis We can get information about accounting changes and direction, speed, and extent of trends from period to period, which reveal in balance sheets, income statements, or statements of cash flows. There are two popular comparative analysis techniques: ① Year-to year change analysis ② Index-number trend analysis
Year-to year change analysis:
·over short time/ period 2-3 years
·provide change in absolute dollar amounts as well as in percentages which all reveal on a individual list
·computation is straightforward

E.g.
|Item(in millions) |Period 1 |Period 2 |Amount |Percemt |
|Net income(loss) |(5000) |1000 |7000 |------- |
|Tax expense |3000 |(500) |(3500) |-------- |
|Cash |10 |3010 |3000 |30,000% |
|Notes payable |------- |8000 |8000 |--------- |
|Notes receivable |10,000 |------ |(10,000) |100% |

GY company’s change analysis

| |2006 |2005 |change |%change |
|Net sales |12000 |11500 |500 |4.347 |
|Cost of sales |5500 |5200 |300 |5.769 |
| Gross profit |6500

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