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By Thursday of this week, go to finance.yahoo.com and choose a company that you

ID: 2756928 • Letter: B

Question

By Thursday of this week, go to finance.yahoo.com and choose a company that you wish to analyze.   You may not choose Nike since Nike,IBM,or Honda is used in the lesson for this module and will be used as a sample post for this week’s discussion by your instructor. Enter the company name in the box to the left of “Get Quotes” near the top left of the page. Once you have the company overview page open, to the left you will see a list of links for further information on that firm. Near the bottom of the link column are financial statements. Open the firm’s Income Statement; this is the firm’s most recently reported annual income statement. You should see 3 years of data in almost all cases. If you do not, choose another firm. The dates of the Income Statement will vary by company since companies may or may not have a fiscal year end of December 31.

Using the Income Statement you found, compute your chosen firm’s gross profit margin, operating income margin, and net income margin (using the equations found in this module’s instruction) for the past 3 years. Include the numerator and denominator for each ratio. After you report the ratios, please discuss the economic interpretation of your results.To eliminate duplication of firms, please indicate your firm choice in the title of your post.

Explanation / Answer

1. Gross profit margin

Sep 26, 2015

Sep 27, 2014

Sep 28, 2013

Gross Profit (in millions)

$93,626

$70,537

$64,304

Total revenue (in millions)

$233,715

$182,795

$170,910

Gross Profit Margin

40.06%

38.59%

37.62%

2. Operating income margin

Sep 26, 2015

Sep 27, 2014

Sep 28, 2013

Operating income (in millions)

$71,230

$52,503

$48,999

Total revenue (in millions)

$233,715

$182,795

$170,910

Operating profit margin

30.48%

28.72%

28.67%

3. Net profit margin

Sep 26, 2015

Sep 27, 2014

Sep 28, 2013

Net income (in millions)

$53,394

$39,510

$37,037

Total revenue (in millions)

$233,715

$182,795

$170,910

Net profit margin

22.85%

21.61%

21.67%

Sep 26, 2015

Sep 27, 2014

Sep 28, 2013

Gross Profit (in millions)

$93,626

$70,537

$64,304

Total revenue (in millions)

$233,715

$182,795

$170,910

Gross Profit Margin

40.06%

38.59%

37.62%