American Corporation Analysis ACC/561 September 19‚ 2013 Mr. Ponteja American Corporation Analysis Wal-Mart is one of the biggest retailers not only in the United States‚ but also internationally. The corporation was founded in Arkansas by Sam Walton in 1962 and has grown to produce revenue of over $460 billion while employing 2.2 million employees (Seeking Alpha‚ 2013). Wal-Mart is known for the low cost structure and has succeeded in the retail market. Although the corporation has been successful
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requirements that shape the preparation of the four primary financial statements (Cleverley & Cameron‚ 2007).” These statements include the balance sheet‚ the statement of revenues and expenses‚ statement of cash flow‚ and statement in changes of net assets (Cleverley & Cameron‚ 2007). These statements track financial information and give a clear view of the information needed to assure the organization is financially healthy. Health care uses both managerial accounting which tracks information for
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system that offers incentives based on the achievement of a number of specific objectives‚ which may not all be financial‚ ie: # of new customers added‚ # of successful orders filled in a month…) • Bonus Pool based on 10% * (( Net Income – (12% of Assets-Liabilities)) • Pool/Total Salary of 25 Managers = Award per salary $. Max = 150% of salary. • Before 2000‚ average bonus was 50% of salary…..in 2000 and 2001 bonus was $0. (Recession.) Problem: Both good and bad managers got no bonus in
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| | 3 | | | | | | | Scenario 1 : On self-constructed building | | | 4 | | Scenario 2 : On purchase land and building | | | 6 | | Scenario 3 : On purchase of a new machine | | | 8 | | Scenario 4 : On leased assets | | | 11 | | Scenario 5 : On Income Tax Credit | | | 13 | | Scenario 6 : On Upgrading an Equipment | | | 14 | | | | | | | Questions & Answers | | | 16 | | | | | | | Conclusion | | | 19
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acquisition or merger candidate. As part of its due diligence investigation‚ a corporate acquirer typically analyzes the current and prospective financial statements of a target company. This analysis is used in estimating the ‘value’ of the shares or net assets of the target company‚ and in determining the price and terms of a transaction the acquirer is prepared to offer and accept. This paper will address the practical applications of financial statement analysis typically performed by corporate acquirers
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• Companies selected are Wal-Mart and Target. Both companies have their financial year ended in January. Income Statement of the Target is showing gross margin but there is no such break up in Wal-Mart income statement. Income Statement of the Wal-Mart is showing directly operating income. Both companies have cost of goods sold over 70% of their revenue for the recent year. Wal-Mart has two sources of revenue while Target has only one source. Operating income of the Wal-Mart has decreased during
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Vertical Balance Sheet 2006 2005 2004 ASSETS Current Assets Cash On Hand $ 1‚895 $ 1‚900 $ 1‚900 Petty Cash 250 250 250 Checking Account 39‚595 32‚557 16‚557 Inventory - Groceries 10‚985 11‚381 10‚629 Inventory - Liquor 6‚825 7‚284 6‚548 Inventory
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Ex 9-2 1 D 2 A 3 C 4 D 5 D 6 B 7 B 8 D 9 C 10 A Ex 13-1 1 B 2 D 3 C 4 A 5 C 6 D 7 D 8 B 9 A 10 A 9-10. MODIFIED ACCRUAL/ ADJUSTMENT ACCOUNT AFFECTED ACCRUAL ACCOUNT Debit Credit 1. DEPRECIATION EXPENSE Accrual 674300 BUILDINGS & EQUIPMENT Accural 674300 2. SALARY EXPENSE Accural 39123 SALARIES PAYABLE Accural 39123 3. BUILDINGS & EQUIPMENT Accural 29049 EXPENDITURES Modified 29049 4. BONDS PAYABLE Accural 50000
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advertising an asset or an expense? An asset is shown to be something that would give value to a company. An asset is usually referenced by a tangible item that could be sold. An expense is shown to be something that is an outflow of cash that would be referenced as an intangible item. Advertising has traditionally been listed as an expense. It is very difficult to show the tangibility of what advertising is worth. PolyMedica ’s reporting of direct response advertising as an asset and not expense
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TO: Dr Vanda Pauwels FROM: A. Charity Chappell DATE: May 28‚ 2015 SUBJECT: Evaluating DrugKing’s Series A and B transfers. Series A & B preferred Stock Drug King has two financial assets‚ an investment in Series A and Series B preferred stock of TIp-Top that it will transfer to InsureAll. Series A stock is traded publically and has a call option written by InsureAll which allows the repurchase of the stock two years after the transfer date with a fixed exercise date. The Series B preferrd stock
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