ASSESSING FINANCIAL STATEMENTS 1 Assessing Financial Statements Kimberly Adcock ACC/230 December 4‚ 201\4 Cynthia Kacmar ASSESSING FINANCIAL STATEMENTS 2 The company that I have chosen to
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Financial Statement Analysis Paper Example 1: Dell Computer Dell Inc. Income Statement Revenue Cost of Goods Sold Gross Profit R&D Selling General & Administrative Non Recurring Others Operating Income Depreciation Expense Other Income/Expense EBIT Interest Expense Tax Expense Income from Cont Operations Net Income Balance Sheet Cash Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Long Term Investments PP&E Net Goodwill Intangibles Other Assets Total
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Financial Statements Financial Statements of a company measures the performance of their accounting period. The four parts of a Financial Statement are income statement‚ balance sheet‚ and statement of cash flow‚ and stockholders’ equity. The income statement of Landry’s Restaurants will show the summary of how the business has incurred revenues and expenses through operating expenses (Phillip‚ Libby‚ Libby‚ 2005). The income statement of Landry’s Restaurants‚ Incorporation shows the
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QUESTION 1 i. Current Ratio = Current Assets/Current Liability = $ 14‚651‚000/$ 19‚639‚000 = 0.750 ii. Quick Ratio = (Current Assets – Inventory) / Current Liability = ($ 14‚651‚000 – $ 6‚136‚000) / $ 19‚539‚000 = 0.436 iii. Total Assets Turnover = Sales/Total Assets = $ 167‚310‚000/$ 108‚615‚000 = 1.540 iv. Inventory Turnover = COGS/Inventory = $ 117‚910‚000/$ 6‚136‚000 = 19.216 v. Receivable Turnover = Sales/Account Receivables = $ 167‚310‚000/$ 5‚473
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TITLE PAGE ROLE OF FINANCIAL STATEMENT IN INVESTMENT DECISION MAKING. (A CASE STUDY OF FIRST BANK OF NIGERIAN PLC) BY AMEDU‚ MERCY A. ACC/2008/502 A RESEARCH PROJECT SUBMITED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE BACHELOR OF SCIENCE (B. SC) DEGREE IN ACCOUNTANCY. FACULTY OF MANAGEMENT AND SOCIAL SCIENCES‚ DEPARTMENT OF ACCOUNTANCY‚ CARITAS UNIVERSITY AMORJI NIKE ENUGU [ AUGUST‚ 2012 CERTIFICATION It is hereby certified that the research work
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You are an Investment Analyst Strayer University ACC557 – Financial Accounting Professor Levi Beckwith March 16‚ 2014 1. Analyze each company’s history‚ product/services‚ major customers‚ major suppliers‚ and leadership and provide a synopsis of each company. The Coca-Cola (NYSE: KO ) vs. PepsiCo (NYSE: PEP ) war is one of the greatest rivalries in corporate history‚ just like Apple vs. Microsoft. Coca-Cola and Pepsi are the two most popular and widely recognized
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Financial statements are essential accounting tools which include balance sheets‚ cash flow statements‚ and income statements that provide information on a company ’s past and present financial history. Information on financial statements can be used by any number of public and private entities to determine if an organization ’s financial status is healthy. Burger King and McDonald ’s are two organizations that use financial statements in conducting business. Further‚ this paper will discuss the
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ACC205Week 5 Final Paper (WalMart Financial Analysis Report) 1 Rosie Collins ACC 205: Principle of Accounting I Traci West March 31‚ 2014 ACC205Week 5 Final Paper (WalMart Financial Analysis Report) 2 Financial accounting reports‚ to include balance sheets and income statements provide accountants and the general public a snap shot of a company’s overall financial condition and
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report and financial statements of the Patton-Fuller financial information. This paper will summarize the relationship between revenue sources and expenses and explain the effect of revenue sources on financial reporting and reviewing the annual reports of 2008-2009‚ and the differences between the audited and the unaudited statements‚ as well as determine how the hospital’s revenues and expenses are grouped for planning and control. How did the audited and unaudited financial statements differ?
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Financial Statements Fraud Table of Contents Introduction ........................................................................................................ 1 Definition ............................................................................................................. 1 Purpose of Financial Statements Fraud ..................................................... 1 Financial Statement Fraud Schemes
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