1. Suppose you are interested in the recent financial situation of US Foods (Ticker: USFD). First,...

Transcribed Image Text:

1. Suppose you are interested in the recent financial situation of US Foods (Ticker: USFD). First, you need to download the 10-K annual report in 2021. After that, please identify the following information from the 10-K report and fill out the table. (5 pts.) (in millions) Total revenues Operating income Net income Total assets Total current liabilities FY Sales Year ended Jan. 1, 2022 2. A company collects the financial information for the past two years (2020 and 2021). The fiscal year of this company is consistent with the calendar year. Please use the information below to build an income statement and balance sheet for 2020 and 2021, assume all values are in '000s of dollars (you may also assume that the tax rate of the company is 21 percent). (5 pts.) Depreciation Interest expense Cash Accounts receivable Year ended Jan. 2, 2021 Long-term debt Net fixed assets Owners' equity Accounts payable Cost of goods sold Accrued expenses Inventory Selling, general, and administrative expenses 2020 $22,828 3,278 1,530 11,972 15,848 39,217 100,388 102,277 12,575 7,855 2,314 28,175 1,862 2021 $24,501 3,280 1,758 15,160 17,851 46,763 102,782 103,620 12,193 8,916 2,173 28,956 1,556 1. Suppose you are interested in the recent financial situation of US Foods (Ticker: USFD). First, you need to download the 10-K annual report in 2021. After that, please identify the following information from the 10-K report and fill out the table. (5 pts.) (in millions) Total revenues Operating income Net income Total assets Total current liabilities FY Sales Year ended Jan. 1, 2022 2. A company collects the financial information for the past two years (2020 and 2021). The fiscal year of this company is consistent with the calendar year. Please use the information below to build an income statement and balance sheet for 2020 and 2021, assume all values are in '000s of dollars (you may also assume that the tax rate of the company is 21 percent). (5 pts.) Depreciation Interest expense Cash Accounts receivable Year ended Jan. 2, 2021 Long-term debt Net fixed assets Owners' equity Accounts payable Cost of goods sold Accrued expenses Inventory Selling, general, and administrative expenses 2020 $22,828 3,278 1,530 11,972 15,848 39,217 100,388 102,277 12,575 7,855 2,314 28,175 1,862 2021 $24,501 3,280 1,758 15,160 17,851 46,763 102,782 103,620 12,193 8,916 2,173 28,956 1,556

Answer rating: 100% (QA)

Table 1 Financial Information from the 10K Report in millions Information Year ended Jan 1 2022 Year ... View the full answer