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Financial Reporting Pt 1 Essay Example

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Financial Reporting Pt 1 Essay Example
Week Four Paper Part 1
Total assets at the end of its most recent annual reporting period? Why is this important?
According to Sirius XM Radio Annual Sec Filing Form 10-K for The Year 2011 (2012), the total assets for the company had at the end of calendar year 2011 is $7,495,996. This number is equal to the total liabilities and stockholders' equity and a 1.5% increase from the previous year.
Total assets at the end of the previous annual reporting period?
Total assets for the previous year were $7,383,086
Cash and Cash Equivalents at the End of the Most Recent Reporting Period
According to Sirius XM Radio Annual Sec Filing Form 10-K for The Year 2011 (2012), the amount of cash and cash equivalents the company had at the end of calendar year 2011 is $773,990 (CONSOLIDATED BALANCE SHEETS).
Amount of Accounts Payable at the End of the Most Recent Reporting Period According to Sirius XM Radio Annual Sec Filing Form 10-K for The Year 2011 (2012), the amount of accounts payable at the end of the calendar year 2011 is $627,900 (CONSOLIDATED BALANCE SHEETS).

What amount of accounts payable did the company have at the end of the previous annual reporting period? (Willhite)

Amount of Accounts Payable at the End of the Most Recent Reporting Period According to Sirius XM Radio Annual Sec Filing Form 10-K for The Year 2010 (2011), the amount of accounts payable at the end of the calendar year 2010 is $593,174. (See 2010 CONSOLIDATED BALANCE SHEETS below).
What are the company’s net revenues for the last three annual reporting periods? (Willhite)

Amount of Net Revenues for the Last Three Annual Reporting Periods According to Sirius XM Radio Annual Sec Filing Form 10-K for The Year 2011 (2012), the company’s net revenues for the last three annual reporting periods are $3,014,524 for 2011, $2,816,992 for 2010, $2,472,638 for 2009. Change in Dollars in Net Income from Most Recent to Previous Annual Period
According to Sirius Xm Radio Annual Report

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