Consider the following balance sheet and income statement for Yum! Brands, Inc. (the company that operates Kentucky
Question:
Consider the following balance sheet and income statement for Yum! Brands, Inc. (the company that operates Kentucky Fried Chicken and Pizza Hut), in condensed form, including some information from the cash flow statement:
Transcribed Image Text:
Yum! Brands, Inc. Balance Sheet Cash and short-term Investments Accounts receivable Inventory Other current assets Long-lived assets 2013 S 573 319 294 505 7,004 $ 8,695 2012 S 776 301 313 535 7,088 $ 9,013 2011 S 1,198 286 273 564 6,513 S 8834 Total assets Current liabilities Total liabilities S 2,265 6,427 $ 2,279 6,701 59 S 2,450 6,918 Noncontrolling interest Shareholders' equity 2,229 $ 8,695 1,916 $ 8,834 Total liabilities and equity Income Statement Sales Cost of sales $ 9,013 S 13,084 9,501 S 3,583 S 13,632 9,852 $ 3,780 s 12,626 9,140 S 3,486 Gross margin Earnings before interest and taxes Interest Taxes Noncontrolling interest S 1,815 156 324 S 1,798 247 S 2,294 149 537 Net income $ 1,091 S 1,597 S 1,319 S 74 2.41 443 Share price Earnings per share Number of outstanding shares (millions) Cash Flows Cash flow from operations Capital expenditures Dividends 3.46 451 2.81 $ 2,139 $ 2,294 1,005 544 $ 2,170 1,006 481 615
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
Given data YUMmillions Balance Sheet 2013 2012 2011 Cash and short term Investments 573 776 1198 Acc...View the full answer
Answered By
Madhur Jain
I have 6 years of rich teaching experience in subjects like Mathematics, Accounting, and Entrance Exams preparation. With my experience, I am able to quickly adapt to the student's level of understanding and make the best use of his time.
I focus on teaching concepts along with the applications and what separates me is the connection I create with my students. I am well qualified for working on complex problems and reaching out to the solutions in minimal time. I was also awarded 'The Best Tutor Award' for 2 consecutive years in my previous job.
Hoping to get to work on some really interesting problems here.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
Question Posted:
Students also viewed these Managerial Accounting questions
-
Consider the following balance sheet and income statement for Metro Eagle Outfitters, in condensed form, including some information from the cash flow statement: Required Calculate the following...
-
Snail Company provided the following balance sheet and income statement for the current year. Prepare the operating activities section of the cash flow statement using the direct method. Accrued...
-
Shark Company provided the following balance sheet and income statement for the current year. Prepare the operating activities section of the cash flow statement using the direct method. Assume...
-
Technology guru Tim O'Reilly said this about the publishing industry: " To adapt, publishers need to cannibalize their own business, experimenting with new forms, new formats, and new business...
-
Apple Computer Inc. designs, manufactures, and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business...
-
An Online Food Ordering System allows the user of a web browser to order food for home delivery. To place an order, a shopper searches to find items to purchase, adds items one at a time to a...
-
A schlieren photo of a bullet moving through air (see Video V11.10) at 14.7 psia and \(68^{\circ} \mathrm{F}\) indicates a Mach cone angle of \(28^{\circ}\). How fast was the bullet moving in: (a)...
-
During 2012, the Smiths and the Joneses both filed joint tax returns. For the tax year ended December 31, 2012, the Smiths taxable income was $130,000, and the Joneses had total taxable income of...
-
2. Does the surveillance camera present any ethical or legal problems? Why or why not? 3. Explain any other legal issues regarding employee or employer rights that might apply. 4. Do you think the...
-
A double Gauss photographic lens images 50 x 50 area of the sky on a 61mm x 61mm detector. The focal length of the lens is 68 mm. Find the distortion of the lens at the edge of the field at an angle...
-
Williams Company is a manufacturer of auto parts having the following financial statements for 2015-2016. Balance Sheet December 31, 2016 and 2015 2016 2015 $ 260,000 150,000 385,000 $ 795,000...
-
Kate's Candy Co. makes chewy chocolate candies at a plant in Winston-Salem, North Carolina. Steve Bishop, the production manager at this facility, installed a packaging machine last year at a cost of...
-
The compression curve for a certain clay is a straight line on the semilogarithmic plot, and it passes through the point e = 1.15, ' v = 65 kPa and e = 0.76, ' v = 825 kPa. Determine an equation for...
-
Consider the following function. function [y]: = plink( x ) y = x^3 - x .^ 2 + x end function - 1 + x .^ -1; How would you refer to this function using a function handle? Activate Windows Go to...
-
The company's cash ledger reports the following for the end of the month Deposits Date Checks Amount No. Date Amount 3-Oct $25,000 1151 4-Oct $18,000 10-Oct 26,000 1152 6-Oct 6,000 17-Oct 24,000 1153...
-
Find u(x,t). Uxx+y=t, (0
-
Problem #12: Planning and Control Don't-Cha-Wanna-a-Coffee, a large-scale coffee company that has a chain of 125 retail coffee stores throughout New England, was embroiled in an ethics scandal 3...
-
1. [10pnts] Show that log(n!) = O(n log n). 2. [5pnts] Is 22 = 0(2)? Justify your answer for full credit. 3. [5pnts] is (2) logn = n? Justify you answer for full credit.
-
Reckless Phones Ltd. included the following shareholders equity on its year-end balance sheet at December 31, 2020: Shareholders Equity Preferred shares, $0.25, cumulative, unlimited authorization,...
-
After Theorem 1.5 we note that multiplying a row by 0 is not allowed because that could change a solution set. Give an example of a system with solution set S0 where after multiplying a row by 0 the...
-
Tom Young, vice president of Dunn Company (a producer of plastic products), has been supervising the implementation of an activity-based cost management system. One of Toms objectives is to improve...
-
Karebien, Inc., has two plants that manufacture a line of hospital beds. One plant is in St. Louis and the other in Oklahoma City. Each plant is set up as a profit center. During the past year, both...
-
Kelly Gray, production manager, was upset with the latest performance report, which indicated that she was $100,000 over budget. Given the efforts that she and her workers had made, she was confident...
-
What role do social institutions play in shaping individual and collective identities, and how do these identities intersect with race, gender, sexuality, and other aspects of social diversity to...
-
16. Let $V=\operatorname [span]\left\{\left(\begin{array}{1}1 \\ 0 \\ 1 \\ 0\end{array} ight), \left(\begin{array} (1)1 \\ 1 \\ 0 \\ 1\end{array} ight), \left(\begin{array} {1}0 \\ 1 \\ 1 AV...
-
Blossom Ltd., which follows ASPE had the following comparative statement of financial position: Blossom Ltd. Comparative Statement of Financial Position December 31 Assets 2024 2023 Cash $84.000...
Study smarter with the SolutionInn App