Based on the below income statement for Lowes. Create a graphical breakeven analysis in Excel...
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Accounting
Based on the below income statement for Lowes. Create a graphical breakeven analysis in Excel for Unit Sales, Sales, Variable Expenses Fixed Expenses & Total Expenses.
Lowes | |||||
Income Statements PER STORE | |||||
1/30/2005 | |||||
Sales | 33.5455 | ||||
Cost of goods sold | 22.2705 | ||||
Gross profit | 11.2751 | ||||
Operating expenses | |||||
Selling, general and administrative | 6.9568 | ||||
Store Opening Costs | 0.1132 | ||||
Depreciation and amortization | 0.7902 | ||||
Total operating expenses | 7.8602 | ||||
Operating income | 3.4149 | ||||
Interest income (expense) | |||||
Interest and investment income | 0.0000 | ||||
Interest expense | -0.1619 | ||||
Interest, net | -0.1619 | ||||
Earnings before taxes | 3.2530 | ||||
Provision for income taxes | 1.2511 | ||||
Net income | 2.0018 | ||||
Number of stores | 1,087 | ||||
Number of customer transactions per store (Q) | 0.5289 | ||||
Average ticket price per transaction (P) | 63.43 | ||||
Variable expense per transaction (VC) | 42.1104 | ||||
Fixed expenses per year (FC) | 9.2732 | ||||
Breakeven | |||||
Sales | 27.59 | ||||
Customer transactions | 0.4350 |
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