Sears Vs. Walmart Financial Performance Comparison Profit Margin Profit Margin‚ Sears Co. | | 1997 | | 1996 | | 1995 | Net income | 1‚188 | -6.53% | 1‚271 | -29.43% | 1‚801 | Total revenues | 36‚371 | 7.76% | 33‚751 | 8.41% | 31‚133 | Profit Margin | 3.27% | | 3.77% | | 5.78% | This Profit Margin ratio is acceptable‚ though not high. The result means that for each dollar of sales at Sears Co.‚ the company earns only 3.27 cents in 1997‚ compared to 3.77 cents and 5.78 cents in 1996 and 1995 respectively
Premium Generally Accepted Accounting Principles Balance sheet Wal-Mart
Student Name and ID (Print Legibly) ________________________________________________________________ True or False/Multiple Guess/Fill in the blank Identify the choice that best completes the statement or answers the question. Carefully and completely fill out this test with the answer that best fits the question. For each answer‚ clearly circle your choice from the options provided (a‚ b‚ c‚ d‚ etc.). Dont make me guess‚ I wont award credit if it isnt obvious. 1. What type of data is found in
Premium Generally Accepted Accounting Principles Balance sheet Accounts receivable
Unilateral transfers (receipts or payments for which they get nothing in return‚ eg.Foreign aid‚ Gifts etc.) Capital a/c shows private transactions (transactions affecting assets and liabilities by individuals‚ businesses and non government entities)‚ Official transactions(transactions affecting assets and liabilities by government and agencies)‚Direct investment(purchase of an asset and acquiring control of it other than the ability to resell it) and Portfolio investments(acquiring the asset and
Free Export International trade Balance of trade
Accounting Project SHAREHOLDER’S FUNDS Shareholders’ funds are the balance sheet value of the shareholders’ interest in a company. For company (as opposed to group) accounts it is simply all assets less all liabilities. For consolidated group accounts the value of minority interests should also be excluded. The addition of minority interests gives us “shareholders’ fund including minority interests”. A further adjustment gives us total equity. SHARE CAPITAL The capital collected by a joint
Premium Stock Generally Accepted Accounting Principles Balance sheet
The fair value of the noncontrolling interest at that date was determined to be $100‚000. Silver’s balance sheet immediately before the combination reflected the following balances: A careful review of the fair value of Silver’s assets and liabilities indicated that inventory‚ land‚ and buildings and equipment (net) had fair values of $65‚000‚ $100‚000‚ and‚ $300‚000 respectively. Goodwill is assigned proportionately to Bristle and the noncontrolling shareholders. 1. Based on the preceding
Premium Balance sheet Goodwill Asset
CHAPTER 1 Accounting in Action ASSIGNMENT CLASSIFICATION TABLE | | | | |Brief | | | |Study | |Questions | |Exercises | |Do It! | |Objectives | | | |
Premium Balance sheet Generally Accepted Accounting Principles Revenue
asset‚ decreases another asset| d.|decreases assets‚ increases liabilities| a 6. At of the end of its accounting period‚ December 31‚ 2009‚ Great Marks Company has assets of $940‚000 and liabilities of $300‚000. During 2010‚ Great Marks sold $65‚000 of capital stock and declared and paid $45‚000 in dividends. What is the amount of net income during 2010‚ assuming that as of December 31‚ 2010‚ assets were $995‚000‚ and liabilities were $270‚000? a.|$ 65‚000| b.|$ 50‚000| c.|$105‚000| d.|$370‚000|
Premium Balance sheet Generally Accepted Accounting Principles Liability
15 september 2010 Externe Verslaggeving 1 Assignment 1 Hanna Zaitsava 5686377 1) Identify all the economic entities involved in the development of Anacomp’s CIS software system: * Parternship with RTS Associates * Officers and directors of Anacomp (total ownership amounted to 38.5%) * 13 major banks participated as advisory banks to review the project 2) Describe the contractual arrangements between the economic entities involved in the CIS development. Who bears the majority
Premium Generally Accepted Accounting Principles Debt Income
otherwise be interested. An investor would buy these types of bonds because it gives you the option to convert to stocks. If converted‚ the firm would reduce a liability and increase equity on the balance sheet for the amount converted. 5) a. Ratio Definition Industry Avg Rite Aid 2010 Rite Aid 2009 Common-size debt Total Liabilities/Total Assets 48.83% (9‚723‚462/8‚049‚911)= 120.79% (9‚526‚192/8‚326‚540)= 114.41% Common-size interest expense
Premium Asset Debt Interest
entity? Does the report state the basis of accounting used for the General Fund? What types of assets are included on the govern- mental funds balance sheet? Do current and noncurrent assets appear on the balance sheet? Do current and noncurrent liabilities appear on the balance sheet? Is this reporting consistent with the basis of accounting being followed? c. Other Governmental Fund Types. List the names of governmental funds other than the General Fund that are included as major funds in the
Premium Balance sheet Generally Accepted Accounting Principles Asset