Chapter 13: Problem BYP 13-4 INTERPRETING FINANCIAL STATEMENTS BYP13-4 The Coca-Cola Company and PepsiCo‚ Inc. provide refreshments to every corner of the world. Selected data from the 2004 consolidated financial statements for the Coca-Cola Company and for PepsiCo‚ Inc.‚ are presented here (in millions). Coca-Cola PepsiCo Total current assets 12‚094 8‚639 Total current liabilities 10‚971 6‚752 Net sales 21‚962 29‚261 Cost of goods sold 7‚638
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Holding/parent company- subsidiary………………………….2 2.1 Consolidated Financial Statement…………………………………………………….4 3.1 The concept of Goodwill……………………………………………………………...5 3.1.1 Computation of Goodwill…………………………………………………………...6 3.1.2 Computation of negative Goodwill………………………………………………...7 4.1 The recommendation of the IASB……………………………………………………8 5.1 IFRS 36 Impairment of Assets………………………………………………………..9 6.1 IFRS 38 Intangible Assets…………………………………………………………...10 Reference…………………………………………………………………………….11 INTRODUCTION
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Jason A. Kautz University of Nebraska-Lincoln Matthew Lukeman Acadia University Copyright © 2014 Pearson Canada Inc. Slide 10-1 Q1: PCl3 is an industrial chemical used in many herbicides and insecticides. What is the molecular shape of PCl3? 1A) bent 2B) tetrahedral 3C) trigonal pyramidal 4D) T-shaped 5E) trigonal planar Copyright © 2014 Pearson Canada Inc. Slide 10-2 Q2: What is the approximate angle of the O─C─O bond in the citric acid molecule below? O O OH OH HO 1A) 120° 2B) 109.5°
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BUS 430 – Strategic Management – Test #6 Chapter 10 – Superior Strategy Execution-Another Path to Competitive Advantage 1. | Once company managers have decided on a strategy‚ the emphasis turns to A. | converting the strategy into actions and good results. | B. | empowering employees to revise and reorganize value chain activities to match the strategy. | C. | establishing policies and procedures that instruct company personnel in the ways and means of executing the strategy. | D. |
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such as tax returns. QUESTION 2 Explain these terms in your own words. Sarbanes-Oxley Act (SOX): This was a regulation passed by the government to prevent immoral corporate behavior. Balance sheet: A balance sheet is a financial statement that shows the assets‚ liabilities and stockholder’s equity. Income Statement: An income statement is a financial report that shows the net income or net loss by reporting the revenues and expenses. External user: External users of accounting information
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International Financial Management‚ 2e (Bekaert / Hodrick) Chapter 1 Globalization and the Multinational Corporation 1.1 Multiple Choice Easy 1) Which of the following was created in an effort to promote free trade? A) World Trade Organization B) the Sarbanes-Oxley Act C) multilateral development banks D) the Organization for Economic Cooperation and Development Answer: A 2) Which one of the following is an investment from which the payoff over time is derived from the performance
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Income statements For the year ended 30 June 2008 : : Consolidated Notes Parent entity 2008 $’000 2007 $’000 2007 $’000 2008 $’000 Revenue from continuing operations 5 1‚354‚419 1‚230‚513 64‚453 208‚833 Cost of goods sold Other income Selling‚ general and administrative expenses Other expenses Finance costs 7 6 7 7 7 (608‚040) --(399‚411) (76‚420) (24‚986) (570‚979) 671 (355‚483) (63‚422) (19‚486) ----(1‚733) (15‚888) (21‚298)
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Accounting and financial statement • Business going concern- dobry interes = IT WILL CONTINUE INTO THE FUTURE Current market value of its fixed assets is irrelevant‚ they’re not for sale. Fixed assets-środki trwałe. • NET BOOK VALUE->>Historical cost accounting = assets at original purchase price –accumulated depreciation charges. WARTOŚĆ KSIĘGOWA NETTO historyczna kalkulacja kosztów = aktywa w oryginalnej cenie zakupu-zgromadzone odpisy amortyzacyjne
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America c. the transfer of gold from America to Europe d. the spread of European diseases to America 9. England’s first colonization target under King Henry VIII and Queen Elizabeth was: a. France. b. North Africa. c. Ireland. d. Cuba. 10. Gilbert and others believed there was an English population: a. deficit. b. equilibrium. c. surplus. d. none of these answers 11. Which product fueled the demand for furs in Europe in the early 1600s? a. beaver fur hats b. fur coats c. mink
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2011in relation to its wide cost efficiency program and long term gross margin expansion program. The comparison analysis of 2011 and 2012 for Premier will be performed to examine the success of strategic review. Finally‚ there will be an identification of any red flags that might be highlighted in ratios analysis from Premier recast financial statements. Executive Summary This report examined the performance of Premier Investment Limited for 2012. Firstly‚ the income statement and the balance sheet
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