Next year allgreens expects its sales to reach 33000 with, Ask an Expert

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Next year, Allgreens expects its sales to reach $33,000. with an investment in total assets of $10,750. Net income of $1,225 is anticipated. This year sales were $30,000, total assets were 9,900, and net income was $1,000. Last year , these figures were $28,000, $9,000, and $750.respectively

A. Use the Du Pont system to compare Allgreens' anticipated performance against its prior year results. Comment on your findings.

B. How would Allgreens compare with the industry if it operates in the same industry as Dayco and if the industry average ratios remain the same over time?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9978845

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