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tiernanj
Mar 23, 2009, 12:46 PM
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 (http://finance.yahoo.com/q/bs?s=SYKE&annual)

ROLCAM
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
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 (http://finance.yahoo.com/q/is?s=SYKE&annual)