Each chapter in the textbook contains a continuation of this problem. The objective is to learn...

 
 

 

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Each chapter in the textbook contains a continuation of this problem. The objective is to learn how to do a comprehensive financial statement analysis in steps as the content of each chapter is learned. Using the 2013 Applied Materials Form 10-K, which can be found at www.pearsonhighered.com/fraser. complete the following requirements: a. Open the financial statement analysis template that you saved from the Chapter 10 Applied Materials problem and input the data from the Applied Materials income statement. (Note: When inputting restructuring charges and impairments the template requires that a positive number be input. Since Applied Materials has a negative amount for 2011, this will need to be included in the "Other operating expenses" line on the template.) When you have finished inputting the data, review the income statement to make sure there are no red blocks indicating that your numbers do not match the cover sheet information you input from the Chapter 1 problem. Make any necessary corrections before printing out both your input and the common-size income statement that the template automatically creates for you. b. Analyze the income statement of Applied Materials. Write a summary that includes important points that an analyst would use in assessing the profitability of Applied Materials. Net sales Less Cost of goods sold Gross profit Sales, general and administrative Research and development (R&D) Restructuring, impairment, and amortization Purchased in-process R&D Other operating expenses Total operating expenses Operating profit (loss) Other income [expenses), net excluding interest expense Earnings (loss) before interest and taxes Interest expense Earnings (loss) before taxes Provision for (benefit from) income taxes Earnings (loss) afer taxes Extraordinary items, net Discontinued operations, net Cumulative effect of changes in accounting principles, net Other after-tax income (loss), net Net profit (loss) Basic earnings per common share S $ Results for the Years Ending Oct 28, 2012 Oct 27, 2013 7,509 S 4,518 2,991 469 1,320 63 707 2,559 432 13 445 95 350 94 256 256 $ 8.719 S 5,406 3,313 595 1,237 168 902 2,902 411 411 318 207 109 109 S Oct 30, 2011 10,517 489 1,118 375 1,962 2,398 2,437 2,378 1,929 1,336 Each chapter in the textbook contains a continuation of this problem. The objective is to learn how to do a comprehensive financial statement analysis in steps as the content of each chapter is learned. Using the 2013 Applied Materials Form 10-K, which can be found at www.pearsonhighered.com/fraser. complete the following requirements: a. Open the financial statement analysis template that you saved from the Chapter 10 Applied Materials problem and input the data from the Applied Materials income statement. (Note: When inputting restructuring charges and impairments the template requires that a positive number be input. Since Applied Materials has a negative amount for 2011, this will need to be included in the "Other operating expenses" line on the template.) When you have finished inputting the data, review the income statement to make sure there are no red blocks indicating that your numbers do not match the cover sheet information you input from the Chapter 1 problem. Make any necessary corrections before printing out both your input and the common-size income statement that the template automatically creates for you. b. Analyze the income statement of Applied Materials. Write a summary that includes important points that an analyst would use in assessing the profitability of Applied Materials. Net sales Less Cost of goods sold Gross profit Sales, general and administrative Research and development (R&D) Restructuring, impairment, and amortization Purchased in-process R&D Other operating expenses Total operating expenses Operating profit (loss) Other income [expenses), net excluding interest expense Earnings (loss) before interest and taxes Interest expense Earnings (loss) before taxes Provision for (benefit from) income taxes Earnings (loss) afer taxes Extraordinary items, net Discontinued operations, net Cumulative effect of changes in accounting principles, net Other after-tax income (loss), net Net profit (loss) Basic earnings per common share S $ Results for the Years Ending Oct 28, 2012 Oct 27, 2013 7,509 S 4,518 2,991 469 1,320 63 707 2,559 432 13 445 95 350 94 256 256 $ 8.719 S 5,406 3,313 595 1,237 168 902 2,902 411 411 318 207 109 109 S Oct 30, 2011 10,517 489 1,118 375 1,962 2,398 2,437 2,378 1,929 1,336

Answer rating: 100% (QA)

Answer To complete the requirements well start by inputting the data from the Applied Materials income statement into the financial statement analysis template Then well analyze the income statement a... View the full answer