The total assets are based upon the two dates reported above, which are June 11, 2011, and March 19, 2011. For June 11, 2011, the total assets were 17.917.00. For March 19, 2022, the total assets were 16, 512.00. There was an increase in the total assets between the three-month period. • What amount of accounts payable did the company have at the end of its 2 most recent annual reporting periods?
ACCT 550 Week 7 Homework Chapter 11: E11-4, E11-9, E11-11, E11-17 E11-4 (Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. Instructions From the information given, compute the depreciation charge for 2013 under each of the following methods. (Round to the nearest dollar.)
10-K, 2011 Annual Report. Patterson-UTI Investor Relations. <http://phx.corporate-ir.net/phoenix.zhtml?c=93860&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3Yx LzAwMDExOTMxMjUtMTItMDUyMjc0L3htbA%3d%3d>. Patterson-UTI Energy, Inc. 10-K, 2010 Annual Report. Patterson-UTI Investor Relations.
(2010, May). Retrieved Feb 13, 2011, from Posterous Freshpeel: http://posterous.freshpeel.com/online-gaming-stats-infographic Research Shows Average Number of Hours Per Week Spent on Online Gaming Has Grown By 10% Since 2009. (2010, March 2). Retrieved Feb 13, 2011, from The NPD Group: http://www.npd.com/press/releases/press_100302.html Sony's EReader vs Kindle: 5 Reasons Amazon Should Worry. (n.d.).
FINA 3310 | Project | Dr. Alexandra K. Theodossiou | | Yixin Zhang | 4/4/2012 | 1st Assignment Report Summary In the value line report of the ZALE CORP, an informative abstract about the company was given in one paragraph. It tells the exact year the company was founded and talked about the bankruptcy and reconstruction that the company has been through. Below this abstract, capital structure are listed so that we know the amount of total debt, long-term debt, as well as common stock. Followed by the capital structure, current assets and current liabilities are given from the year 2009 to 2011 with annual rates of change for the past 10years. We can see a negative book value during that period.
Income Statement figures for the most recent fiscal year Cost of goods sold Amount | Percentage of total revenue | $47,860,000,000 | 68.50% ($47,860,000,000/$69,865,000,000) | Reference: Consolidated Statements of Operations, Form 10-K, Page 31. Reference: Footnote 3 - Cost of Sales and Selling, General and Administrative Expenses, Form 10-K, Page 35. Reference: Footnote 11 –Inventory, Form 10-K, Page 42. Gross profit Amount | Percentage of total revenue | $22,005,000,000 ($69,865,000,000 - $47,860,000,000) | 31.50% ($22,005,000,000/$69,865,000,000)
AMBA 630 Week 2 1.) What 3 items of important information does the income statement reveal about the financial performance of the company over the last three years? $ in Millions(except for per share items) | 2011 | 2010 | 2009 | Revenue | 12,317 | 11,691 | 10,908 | Gross Profit | 1,602 | 1,475 | 1,235 | S. G. & A Expense | 752 | 780 | 722 | Operating Income | 508 | 695 | -274 | Net Income | 198 | 458 | -346 | Income Statement % | 2011 | 2010 | 2009 | Revenue Growth | 95 | 93 | | Gross Profit/Revenue | 13 | 13 | | S. G. & A Expense | 6 | 6 | 6 | Operating Income/Revenue | 4 | 6 | -3 | Net Income/Revenue | 2 | 4 | 3 | Revenue Growth: Should grow over time, & the Marriot
The result of these equations is $91,791.64 that represents the present value. For the future value, the interest was calculated to the inventory is an interest for the next three years of 5%. According with the factor table was multiply the present value by the factor. The equation is $91,791.64 multiply by (.85384) with the result of future value of $78,375.40 in the year of 2015. The inventory decrease represents a future value of $13,416.27.
Adapted from: Armstrong, G., Kotler, P., Harker, M. and Brennan, R. (2009) Marketing: An Introduction. Pearson: Harlow, p.583-584 Appendix 1 – Marketing Plan Action Programmes “Action programmes should be coordinated with the resources and activities of other departments, including production, finance, purchasing, etc.” (Armstrong et al., 2009, p.583) Product ‘X’ (a new multimedia PDA product) will be introduced in February. Following are summaries of the action programmes that will be used during the first six months of next year to achieve the organisation’s stated objectives: Month Action January We will initiate a £200,000 trade sales promotion campaign to educate dealers and generate excitement for the launch of
Now “it is presently early January 2015”; therefore, by exam MCF’s draft copy of statement of earnings for 2014, we can find that if MCF really experienced economic hardship. First of all, we will analyze the statement of earnings gross profit part: Year Ended Dec 31 | 2014 | Change | 2013 | Change | 2012 | Revenue | 2,088 | 102% | 1,036 | 94% | 534 | Cost of Goods Sold | 1,285 | 110% | 611 | 91% | 320 | Gross Profit | 803 | 89% | 425 | 99% | 214 | | | | | | | Selling General and Administrative | 612 | 903% | 61 | 74% | 35