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    tiernanj's Avatar
    tiernanj Posts: 11, Reputation: 1
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    #1

    Mar 23, 2009, 12:46 PM
    Where do I find net sales and net profit off the following balance sheet?
    Where do I find net sales and net profit off the following balance sheet in order to do the ratio analysis;

    SYKE: Balance Sheet for Sykes Enterprises, Incorporated - Yahoo! Finance
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Mar 24, 2009, 03:34 AM

    1) You do not find Net Sales figures on the Balance Sheet.

    2) SEE THIS LINE :-
    Retained Earnings 237,188 195,203 158,058
    One can get the Net Profit from here:-

    237,188 less 195,203 =
    195,203 less 158,058 =
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #3

    Mar 24, 2009, 05:17 AM

    On further investigation the Sales figures for SYKE are available on line:-

    SYKE: Income Statement for Sykes Enterprises, Incorporated - Yahoo! Finance
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