Just for Feet Case

1. Prepare common-sized balance sheet and income statement for just for feet for the extent 1996-1998. Just For Feet, INC. Consolidated Statements Of wages (000s omitted)| | Years Ended January 31,| | | 1999|  | 1998|  | 1997|  | bring in sales| $774,863| 100.00%| $478,638| 100.00%| $256,397| 100.00%| Cost of sales| $452,330| 58.38%| $279,816| 58.46%| $147,526| 57.54%| Gross profit| $322,533| 41.62%| $198,822| 41.54%| $108,871| 42.46%| | | | | | | | new(prenominal) revenues| $1,299| 0.17%| $1,101| 0.23%| $581| 0.23%| | | | | | | | operate expenses:| | | | | | | Store operating(a)| $232,505| 30.01%| $139,659| 29.18%| $69,329| 27.04%| Store opening cost| $13,669| 1.76%| $6,728| 1.41%| $11,240| 4.38%| Amortization of intangibles| $2,072| 0.27%| $1,200| 0.25%| $one hundred eighty| 0.07%| General and administrative| $24,341| 3.14%| $18,040| 3.77%| $7,878| 3.07%| Total operating expenses| $272,587| 35.18%| $165,627| 34.60%| $88,627| 3 4.57%| Operating income| $51,245| 6.61%| $34,296| 7.17%| $20,825| 8.12%| | | | | | | | amuse expenses| -$8,059| -1.04%| -$1,446| -0.30%| -$832| -0.32%| Interest income| $143| 0.02%| $1,370| 0.29%| $4,750| 1.

85%| Earnings before income taxes and cumulative establish of budge in accounting principle| $43,329| 5.59%| $34,220| 7.15%| $24,743| 9.65%| | | | | | | | preparedness for income taxes| $16,681| 2.15%| $12,817| 2.68%| $8,783| 3.43%| Earnings before cumulative effect of a change in accounting principle| $26,648| 3.44%| $21,403| 4.47%| $15,960| 6.22%| Cumulative effect on former years of change in accounting principle| $0| 0.00%| $0| 0.00%| -$2,041| -! 0.80%| Net earnings| $26,648| 3.44%| $21,403| 4.47%| $13,919| 5.43%| Just For Feet, INC. Balance Sheets (000s omitted)Year wrap up January 31,| | | | | | | | | 1999|  | 1998|...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay