Nestlé's financial statements are presented in Appendix B. Financial statements for Petra Foods are presented in Appendix
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Instructions
Based on information contained in these financial statements, determine the following for each company.
(a) Net increase (decrease) in property, plant, and equipment (net) for the most recent fiscal year shown.
(b) Increase (decrease) in marketing and administration expenses (Nestlé) and increase (decrease) in selling, distribution, and administrative expenses (Petra Foods) for the most recent fiscal year shown.
(c) Increase (decrease) in non-current liabilities for the most recent fiscal year shown.
(d) Increase (decrease) in profit for the most recent fiscal year shown.
(e) Increase (decrease) in cash and cash equivalents for the most recent fiscal year shown.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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