The following chart shows the total assets held by the financial statement accounts of the four...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The following chart shows the total assets held by the financial statement accounts of the four companies (balance sheet account) and sales revenue (income statement account) Percentage. 1.Walgreen's- Pharmaceutical and consumer goods retail 2.EchoStar- satellite television content and services 3.General Electric - Diversified Manufacturing and financial services 4.Campbell Soup Company - Food manufacturing, growing through acquisitions Based on the financial information to find out the corresponding business and explain the reasons for selection Balance sheet Cash 1 21 Accounts Receivable 42 Inventory 2 Long-term asset 8 27 Other asset Current liabilities 27 Long-term liabilities 60 Shareholders' equity 13 Income statement Revenue from commodity sales Revenue from service 63 sales Cost of goods sold Operating expenses Net profit 37 28 61 11 2 9 66 9 37 43 2 30 7 63 100 0 73 23 4 3 52 2 25 16 39 74 -13 96 3 93 4 4 1 7 11 30 51 45 49 6 100 0 57 34 9 The following chart shows the total assets held by the financial statement accounts of the four companies (balance sheet account) and sales revenue (income statement account) Percentage. 1.Walgreen's- Pharmaceutical and consumer goods retail 2.EchoStar- satellite television content and services 3.General Electric - Diversified Manufacturing and financial services 4.Campbell Soup Company - Food manufacturing, growing through acquisitions Based on the financial information to find out the corresponding business and explain the reasons for selection Balance sheet Cash 1 21 Accounts Receivable 42 Inventory 2 Long-term asset 8 27 Other asset Current liabilities 27 Long-term liabilities 60 Shareholders' equity 13 Income statement Revenue from commodity sales Revenue from service 63 sales Cost of goods sold Operating expenses Net profit 37 28 61 11 2 9 66 9 37 43 2 30 7 63 100 0 73 23 4 3 52 2 25 16 39 74 -13 96 3 93 4 4 1 7 11 30 51 45 49 6 100 0 57 34 9
Expert Answer:
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date:
Students also viewed these accounting questions
-
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...
-
What other cost factors might you include in such an economic analysis? The proposed small office building in Example 3-2 has 24,000 net square feet of area heated by a natural gas furnace. The owner...
-
Matching Place the abbreviations corresponding to the appropriate reporting attribute(s) in the spaces provided for each financial statement. Include all that apply. Activities or Funds Basis of...
-
Consider a situation with two firms that have marginal abatement cost functions The marginal damage function is again equal to D'(E)=d.E. Assume the regulator applies Monteros mechanism. Determine...
-
Design Data sold a piece of machinery to HHB Drafting Company. However, after HHB had taken possession of the machine, it discovered damage and revoked the contract. The court found that the...
-
Floyd Corporation has the following four items in its ending inventory . Determine the final lower-of-cost-or-market inventory value for each item. Replacement Net Realizable Value (NRV) NRV less...
-
1.Changes in income can impact our consumption choices. As one's income fluctuates, they may also get more joy out of some goods and less from others. Respond to each of the following in 2-3 complete...
-
The flowers in a garden at a resort need to be replaced. The choices for the flowers are Geraniums (G), Impatiens (I), Petunias (P), and Zinnias (Z). The head gardener holds an election in which all...
-
Find the domain of the following function, using interval notation. If you need to use the - or symbol, type -inf or inf, respectively. DO NOT use any letters, characters except the ones needed for...
-
4. Find the time(s) that a particle will be a rest if the instantaneous velocity of the particle is given by s'(t)=5t2-22t+8.
-
1 3. Describe a series of transformations that would transform f(x) = = +3 into g(x) = x X Be sure to clearly communicate your reasoning using mathematical academic vocabulary. 1 - 4 +2
-
4. Use a timing diagram to illustrate how metastability can yield incorrect output for the secure car key controller of Figure 3.69. Use a second timing diagram to show how the synchronizer flip-flop...
-
Given the function p(c) = c + c, complete the following. (a) Evaluate p(-5). (b) Solve p(c) = 2. (Enter your answers as a comma-separated list.) C =
-
2 Let f(x) = 4x + 5 and g(x) = 3x + 3x. After simplifying, (fog)(x) =
-
Question Compilation Status QUESTION 1 A population has an average of 150,000 with a standard deviation of 27,000. A random sample of 81 items is chosen. What is the standard error? QUESTION 2 A...
-
Suppose the market is semistrong form efficient. Can you expect to earn excess returns if you make trades based on? a. Your brokers information about record earnings for a stock? b. Rumors about a...
-
Sanofi-Synthelabo and Aventis are two French-based groups, heavily involved in the pharmaceutical business. On 20 August 2004, Sanofi-Synthelabo acquired control of Aventis and the two groups were...
-
Gilbert Company was created in early X1. Its original capital was 2,500 shares with a par value of 100 CU. The composition of the capital as of 31 December X9, is described in article 7 of the...
-
The Smetana Company has a commercial activity in the beauty cream business. Required With the help of the following balance sheets, income statements and additional information, prepare a statement...
-
Write a program in \(\mathrm{R}\) that generates a sample \(X_{1}, \ldots, X_{n}\) from a specified distribution \(F\), computes the empirical distribution function of \(X_{1}, \ldots, X_{n}\),...
-
Let \(\left\{X_{n}ight\}_{n=1}^{\infty}\) be a sequence of random variables such that \(X_{n}\) has a UNI\(\operatorname{FORM}\left\{0, n^{-1}, 2 n^{-2}, \ldots, 1ight\}\) distribution for all \(n...
-
Write a program in \(\mathrm{R}\) that generates a sample from a population with distribution function \[F(x)= \begin{cases}0 & x
Study smarter with the SolutionInn App