Please help with these 5 questions! Thank you!(1) Company has income from continuing operations of $266,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes).1.An unrealized loss of $76,000 on available-for-sale securities.2.A gain of $35,000 on the discontinuance of a division (comprised of a $12,000 loss from operations and a $47,000 gain on disposal).Assume all items are subject to income taxes at a 15% tax rate.Please help with statement of comprehensive income, beginning with income from continuing operations. (8 total options to fill)(2) Suppose the comparative balance sheets of company are presented here. Company May 31 ($in millions)Assets: 2020 and 2019Current assets ($9,191; $9,100)Property, plant, and equipment (net) ($2,163; $2,100)Other assets ($1,568; $1,600)Total assets ($12,922; $12,800)Liabilities and Stockholders’ EquityCurrent liabilities ($3,201; $3,300)Long-term liabilities ($1,235; $1,300)Stockholders’ equity ($8,486; $8,200)Total liabilities and stockholders’ equity ($12,922; $12,800)(a) Please help with horizontal analysis of the balance sheet data for company, using 2019 as a base. (Show the amount of increase or decrease as well.)2020:2019:Inc/Decrease:% Change from 2019:Assets:$9,191$9,100?? Current assets$2,163$2,100?? Property, plant, and equipment (net)$1,568$1,600?? Other assets$12,922$12,800?? Total assetsLiabilities and Stockholders’ Equity:Current liabilities$3,201$3,300?? Long-term liabilities$1,235$1,300?? Stockholders’ equity$8,486$8,200?? Total liabilities and stockholders’ equity$12,922$12,800??(b) Please help with vertical analysis of the balance sheet data for Company for 2020.$(in millions):Percent:Assets:Current assets$9,191? Property, plant, and equipment (net)$2,163? Other assets$1,568? Total assets$12,922?Liabilities and Stockholder’s Equity: Current liabilities$3,201? Long-term liabilities$1,235? Stockholder’s equity$8,486? Total liabilities and stockholder’s equity$12,922?(3) Here are the comparative income statements of Company.20202019Net Sales$775,000$651,000Cost of Goods Sold$604,500$524,706Gross Profit$170,500$126,294Operating Expenses$106,175$59,892Net Income$64,325$66,402(a) Please help with horizontal analysis of the income statement data for Company, using 2019 as a base. (Show the amounts of increase or decrease.)2020 2019AmountPercentNet Sales $775,000$651,000??Cost of Goods Sold$604,500$524,706??Gross Profit $170,500$126,294??Operating Expenses$106,175$59,892??Net Income$64,325 $66,402??(b) Please help with Do a vertical analysis of the income statement data for Company for both years.2020 2019 Amount%Amount%Net Sales $775,000?$651,000 ?Cost of Goods Sold$604,500?$524,706?Gross Profit $170,500?$126,294 ?Operating Expenses$106,175?$59,892 ?Net Income $64,325 ?$66,402 ?(4) The comparative statements of Company are presented here.20202019Net sales$1,810,600$1,746,200Cost of goods sold$1,012,200$984,000Gross profit$798,400$762,200Sell/admin exp$515,200$479,600Income from operations$283,200$282,600Other expenses/losses Interest expense$17,300$13,300Income before taxes$265,900$269,300Income tax expense$81,100$76,300Net income$184,800$193,000Assets20202019Current assets    Cash$59,500$63,100    Debt investments $68,200$49,800    Accounts receivable$117,100$102,100    Inventory$124,000$114,400      Total current assets$368,800$329,400Plant assets (net)$598,600$519,300Total assets$967,400$848,700Liabilities and Stockholders’ EquityCurrent liabilities    Accounts payable$159,200$144,800    Income taxes payable $43,800$41,200      Total current liabilities $203,000$186,000Bonds payable$220,000$200,000      Total liabilities$423,000$386,000Stockholders’ equity    Common stock ($5 par)$278,300$299,200    Retained earnings$ 266,100$163,500      Total stockholders’ equity$544,400$462,700Total liabilities and stockholders’ equity$967,400$848,700All sales were on account. Net cash provided by operating activities for 2020 was $225,000. Capital expenditures were $141,000, and cash dividends were $82,200.Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.)(a) $?(b) %?(c) %?(d) ?:1(e) times?(f) days?(g) times?(h) days?(i) time?(j) time?(k) %?(l) $?(5) Condensed balance sheet and income statement data for Company are presented here.202020192018Cash$ 30,800$ 17,600$ 18,700Accounts receivable $50,500$44,200$47,100Other current assets$89,600$94,900$63,900Investment$55,300$71,000$45,100Plant and equipment $500,500$370,000$358,500$726,700$597,700$533,300Current liabilities$85,500$79,800$69,400Long-term debt$144,300$84,100$50,300Common stock, $10 $348,000$316,000$304,000Retained earnings$148,900$117,800$109,600$726,700$597,700$533,30020202019Sales revenue$738,000$605,500Less: Sales returns and allowances$39,100$29,900Net sales$698,900$575,600Cost of goods sold$425,600$367,000Gross profit$273,300$208,600Operating expenses (including income taxes)$182,443$151,040Net income$90,857$57,560Additional information:1.The market price of Company’s common stock was $7.00, $7.50, and $8.50 for 2018, 2019, and 2020, respectively.2.You must compute dividends paid. All dividends were paid in cash.(a) Compute the following ratios for 2019 and 2020.20192020(1) Profit Margin%?%?(2) Gross Profit Rate%?%?(3) Asset Turnovertimes?times?(4) Earnings/share$?$?(5) Price-earnings ratiotimes?times?(6) Payout ratio%?%?(7) Debts to assets ratio%?%?

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