Financial profiles, expressing the dollar value of financial statement accounts as a percentage of total assets (for
Question:
Financial profiles, expressing the dollar value of financial statement accounts as a percentage of total assets (for balance sheet accounts) and sales (for income statement accounts), are listed for four well-known companies.
1. Walgreen's-retailer of pharmacy and consumer goods
2. EchoStar Communications-provider of satellite television dishes and services
3. General Electric-diversified manufacturer and financial services firm.
4. Campbell Soup-manufacturer of food products, growing by acquisitions.
REQUIRED:
Link each profile with a company, and explain your choice.
Transcribed Image Text:
2 Balance Sheet Cash Accounts receivable Inventories 29 10 10 27 43 11 48 14 41 17 13 Long-term assets Other assets 10 29 31 56 13 33 10 43 Current liabilities Long-term liabilities Shareholders' equity 27 27 10 16 61 77 57 12 Income Statement 81 19 Sales of goods Sales of services Cost of goods sold Operating expenses Net income 38 62 30 60 100 100 72 25 69 75 (44) 60 30 10 10
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
1 General Electric 2 EchoStar 3 Walgreens 4 Campbells Soup General Electric is Company 1 GE operates ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The dollar value of the U.S. public debt is the highest in U.S. history and the highest, in absolute terms, in the world. Is this fact a reason to be concerned about the debt? Briefly explain.
-
McKinney & Co. estimates its uncollectible accounts as a percentage of credit sales. McKinney & Co. made credit sales of $1,500,000 in Year 1. McKinney & Co. estimates 2.5% of its sales will be...
-
In 2014 the dollar value of total output was roughly $40 billion in North Korea and $1,600 billion in South Korea. South Korea devotes 2.7 percent of its output to defense and North Korea devotes...
-
Six months ago, Qualitybank issued a $ 100 million, one-year-maturity CD, denominated in British pounds (Euro CD). On the same date, $ 60 million was invested in a -denominated loan and $ 40 million...
-
The articles of incorporation authorize Gingrich Solutions Ltd. to issue 100,000 $2.00 preferred shares and 250,000 common shares. In its first year, Gingrich Solutions Ltd. completed the following...
-
Xavier and Yolanda have original investments of $51,200 and $103,600, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net...
-
Suppose an investor has utility function $U$. There are $n$ risky assets with rates of return $r_{i}, i=1,2, \ldots, n$, and one risk-free asset with rate of return $r_{f}$. The investor has initial...
-
Assume the same facts as in Exercise 20-22, except that Grand Devices now uses a backflush costing system with the following two trigger points: In Exercise 20-22, There are no beginning inventories...
-
Shandra has collected data about how the price of a used Volkswagon Golf decreases as the Volkswagon Golf ages. Shandra would like to use a trendline to predict the price of a used Volkswagon Golf...
-
1. Messias (2014) outlined five epochs in the history of psychology. Consider the progression of these epochs and the factors that marked the end of one epoch and the beginning of the next. Which...
-
Financial profiles, expressing the dollar value of financial statement accounts as a percentage of total assets (for balance sheet accounts) and sales (for income statement accounts), are listed for...
-
Morningstar, a firm that evaluates and rates mutual fund performance, published an article on its Web site discussing a company's book value per share (shareholder's equity/number of shares...
-
a. Create a data flow diagram of the current system. b Create a system flowchart of the existing system c. Analyze the internal control weaknesses in the system. Model your response according to the...
-
Assume that Tesla produces and sells 3 5 0 3 5 0 Model X ' ? s in 2 0 2 4 . 2 0 2 4 . Compute the product cost per unit for Model X . . Tesla Data Tesla Motors designs, develops, manufactures, sells...
-
Current Attempt in Comparative information taken from the Crane Company financial statements is shown below: Using horizontal analysis, show the percentage change from 2020 to 2021 with 2020 as the...
-
Assume a corporation' s bond has 10 years remaining until maturity . The bond has a $1,000 face value and a 6% coupon rate each year. Other investments meeting the same criteria must provide annual...
-
y = (4x + 10x) what is d ? 12
-
Question 1: Your company is considering the replacement of production equipment. There are two choices to consider and the company must choose only one of the available models. The required rate of...
-
Basic Leonard Industries wishes to prepare a pro forma balance sheet for next year. The firm expects sales to total $3,000,000. The following information has been gathered: (1) A minimum cash balance...
-
Suppose the government bond described in problem 1 above is held for five years and then the savings institution acquiring the bond decides to sell it at a price of $940. Can you figure out the...
-
F(z) denotes the cumulative normal distribution function. Refer to a calculator or computer algebra system to obtain values of F(z). Assume X has a normal distribution with = 0 and = 5. Express...
-
Lowery Inc. purchased new plant equipment on January 1, 2017. The company paid $920,000 for the equipment, $62,000 for transportation of the equipment, and $10,000 for insurance on the equipment...
-
Groomer purchased a controlling interest in three companies during 2017. Financial information concerning the three companies follows: All other assets and liabilities on the balance sheet are at...
-
The following information was extracted from the December 31, 2017, balance sheets of four different companies: There were no transactions in equity securities during 2018, and as of December 31,...
-
Do you envision the business as starting by targeting specific needs of a single target community (e.g. the target is San Francisco), targeting specific needs of a similar set of communities (e.g....
-
Define social media. ( 20 points ) How has social media changed the way marketers and consumers communicate with one another? Explain the implications for marketers. Describe how marketing managers...
-
Find an article or video offering advice on choosing the best financing option for a business. Answer the following questions: Which types of financing did they discuss? What advice did they offer?...
Study smarter with the SolutionInn App