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Review the summarized consolidated statement of income for the manufacturing company whose data is shown in Table 6.5. Use graphics software to prepare a set of bar charts that shows the data for this year compared with the data for last year.
a. This year, operating revenues increased by 1.5 percent, while operating expenses increased 1.0 percent.
b. Other income and expenses decreased to $12,000.
c. Interest and other charges increased to $285,000.
If you were a financial analyst tracking this company, what additional data might you need to perform a more complete financial analysis? Write a brief memo summarizing your data needs
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