Sampleskill test

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I need help to take skill test for registering course in " FINANCIAL STATEMENT ANALYSIS" . It will basic accounting in ratios, Journal entries , accounting classification. I don't have sample question . But please refer my earlier assignment in accounting. Order 73697


Sampleskill test
Answered 2 days AfterJun 22, 2022

Answer To: Sampleskill test

Rochak answered on Jun 24 2022
79 Votes
Answer 1
    Part a
    Five Below
Income Statement ($ thousands)
For the year ended February 2, 2019

    Revenue    $1,559,563
    Cost of goods sold (COGS)    $994,478
    Gross Profit    $565,085
    Expenses    $373,278
    Income before taxes    $191,807
    Income tax expense    $42,162
    Net Income    $149,645
    Part b
    Five Below
Balance Sheet ($ thousands)
February 2, 2019
    Cash    $251,748    Liabilities    $337,170
    Noncash assets    $700,516    Stockholders equity    $615,094
    Total assets    $952,264    Total liabilities and equity    $952,264
    Part b
    Five Below
Statement of Cash Flow($ thousands)
For the year ended February 2, 2019
    Cash from operating activties    $184,133
    Cash from investing activities    -$39,472
    Cash from financing activities    -$5,582
    Net increase (decrease) in cash    $139,079
    Cash beginning year    $112,669
        $251,748
    Part...
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