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-   -   Where do I find net sales and net profit off the following balance sheet? (https://www.askmehelpdesk.com/showthread.php?t=332865)

  • Mar 23, 2009, 12:46 PM
    tiernanj
    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
  • Mar 24, 2009, 03:34 AM
    ROLCAM

    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 =
  • Mar 24, 2009, 05:17 AM
    ROLCAM

    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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