Krispy Kreme Final
| Acc/226 Final Project | | Krispy Kreme, BTN 17-1 BTN 18-1 |
Hewlett-Packard Company
March 2, 2013
Authored by:
Refer to Krispy Kreme’s financial statements in Appendix A to answer the following:
1. Using 2001 as the base year, compute trend percent’s for 2001, 2002, and 2003 for revenues, operating expenses (cost of sales), general and administrative expenses, income taxes, and net income.(Round to the nearest whole percent.)
2. Compute common-size percent’s for 2003 and 2002 for the following categories of assets: (a) total current assets, (b) property and equipment, net, (c) intangible assets, and (d) accrued expenses. (Round to the nearest tenth of a percent.)
3. Comment on any significant changes across the years for the income statement trends computed in part 1 and the balance sheet percent’s computed in part 2.
1) | 2001 | 2002 | 2003 | Revenues | $300,715 | $394,354 | $49,549 | Operating Expenses | $250,690 | $316,946 | $381,489 | General & Administrative Expenses | $20,061 | $2,7562 | $28,897 | Income Tax | $9,058 | $16,168 | $21,295 | Net Income | $14,725 | $26,378 | $33478 |
Trend Analysis | 2001 | 2002 | 2003 | Revenues | 100% | 131% | 163% | Operating Expenses | 100% | 126% | 152% | General & Administrative Expenses | 100% | 137% | 144% | Income Tax | 100% | 178% | 235% | Net Income | 100% | 179% | 227% | | | | |
2) | 2002 | 2003 | Total Current Assets | $101,769 | $41,128 | Property & Equipment Net | $112,577 | $202,558 | Intangible Assets | $16,621 | $48,703 | Accrued Expenses | $26,729 | $20,981 | Total Assets | $255,376 | $410,487 | Total Liabilities & Equity | $255,376 | $410,487 |
Common Size Analysis | 2002 | 2003 | Total Current Assets | 39.9% | 34.4% | Property & equipment Net | 44.1% | 49.3% | Intangible Assets | 6.5% | 11.9% | Accrued Expenses | 10.5% | 5.% |
3) For 2002, and 2003 the trend percent for operating expenses are
Hewlett-Packard Company
March 2, 2013
Authored by:
Refer to Krispy Kreme’s financial statements in Appendix A to answer the following:
1. Using 2001 as the base year, compute trend percent’s for 2001, 2002, and 2003 for revenues, operating expenses (cost of sales), general and administrative expenses, income taxes, and net income.(Round to the nearest whole percent.)
2. Compute common-size percent’s for 2003 and 2002 for the following categories of assets: (a) total current assets, (b) property and equipment, net, (c) intangible assets, and (d) accrued expenses. (Round to the nearest tenth of a percent.)
3. Comment on any significant changes across the years for the income statement trends computed in part 1 and the balance sheet percent’s computed in part 2.
1) | 2001 | 2002 | 2003 | Revenues | $300,715 | $394,354 | $49,549 | Operating Expenses | $250,690 | $316,946 | $381,489 | General & Administrative Expenses | $20,061 | $2,7562 | $28,897 | Income Tax | $9,058 | $16,168 | $21,295 | Net Income | $14,725 | $26,378 | $33478 |
Trend Analysis | 2001 | 2002 | 2003 | Revenues | 100% | 131% | 163% | Operating Expenses | 100% | 126% | 152% | General & Administrative Expenses | 100% | 137% | 144% | Income Tax | 100% | 178% | 235% | Net Income | 100% | 179% | 227% | | | | |
2) | 2002 | 2003 | Total Current Assets | $101,769 | $41,128 | Property & Equipment Net | $112,577 | $202,558 | Intangible Assets | $16,621 | $48,703 | Accrued Expenses | $26,729 | $20,981 | Total Assets | $255,376 | $410,487 | Total Liabilities & Equity | $255,376 | $410,487 |
Common Size Analysis | 2002 | 2003 | Total Current Assets | 39.9% | 34.4% | Property & equipment Net | 44.1% | 49.3% | Intangible Assets | 6.5% | 11.9% | Accrued Expenses | 10.5% | 5.% |
3) For 2002, and 2003 the trend percent for operating expenses are