• Prepare a graph of sales and net income for the years 2017 – 2020. For the purposes of this exercise, assume the following historical sales and net income figures for Joe’s Fly-By-Night Oil:
Year Sales Net Income
2017 $8,200 $1,500
2018 $8,000 $1,400
2019 $9,000 $1,600
2020 $10,000 $1,800
Comment on the results displayed on the graph.
• Prepare a pie chart of Joe’s Fly-By-Night Oil’s expense distribution for 2020 and comment on the results displayed.
• Prepare a pie chart of Joe’s Fly-By-Night Oil’s asset distribution for Dec 31, 2020 and comment on the results displayed.
• Prepare a pie chart of Joe’s Fly-By-Night Oil’s capital structure for Dec 31, 2020 and comment on the results displayed.
Note: Be sure to comment on each of the four graphs. The numbers mean little
without your explanatory comments.