For the year 2008, revenues coming from North America accounted for eight billion and ninety million US dollars, which represent 55.2% of the total revenues of the company. Sales in Europe accounted for five billion four hundred and forty three million US dollars, which represent 37.2% of total global sales. Cumulative sales coming from other regions are totaling one billion one hundred and thirteen million US dollars, or 7.6 % of total sales. Carnival carries around eight million passengers annually, which makes it the biggest cruise company in the world. Each year approximately 10 million people in North America make cruise vacations (around 9.5 million in the U.S. and 700,000 in Canada).
The chain was officially named Rite Aid Corporation in 1968 and made its debut on the American Stock Exchange. It moved to the New York Stock Exchange in 1970. In 2011, Rite Aid was ranked #100 on Fortune 500 Largest U.S. Corporations The Scandal: The Securities and Exchange Commission filed accounting fraud charges against several former senior executives of Rite Aid Corp. in June, 2002. The U. S. Attorney for the Middle District of Pennsylvania
SciTronics had net fixed assets of $ 18,000 and sales of $ 244,000 in 2008. Its fixed asset turnover ratio in 2008 was 13.6 times, a deterioration from 16.3 times in 2005. Leverage Ratios: How soundly is the company financed? 1. SciTronics’
Costco is one of the largest retailers in the United States and seventh largest in the world, with total income of $1,709 million. In this paper, I will review the annual report for 2012. I will provide answers to the following questions: * Identify and explain the main sections of the Costco’s 2012 annual report. * Discuss the key factors that influence Costco‘s financial performance during Fiscal Year 2012. * Discuss the primary assets held by Costco.
Macys on the other hand is known on a more international level with 789 department stores and also named the 16th largest retail store in 2012. Let’s begin with comparing each company’s ability to pay short-term obligations like debts and payables with its short-term assets which would be cash, inventories and receivables. This is better known as the current or liquid ratio. Totaling for the year of 2014, Express, Inc. had total current assets equivalent to $583,461 and total current liabilities equaling $299,207 giving Express, Inc. an awesome 195% current ratio. Macys, Inc. for the year of 2014 had total current assets of 8,688,000 and total current liabilities of $5,726,000 leaving their current ratio at 152%.
15. Question: : (TCO D) On January 1, Martinez Inc. issued $3,000,000, 11% bonds for $3,195,000. The market rate of interest for these bonds is 10%. Interest is payable annually on December 31. Martinez uses the effective-interest method of amortizing bond premium.
A 2200 paged report which was filed by the US bankruptcy court, detailed this information at the New York Southern District involving Lehman Brothers Holdings Inc, et al. as Debtors, Chapter 11(Case No. 08-13555 (JMP) Anton R. Valukas, bankruptcy examiner’s report. According to Agatha E. Jeffers (2011) “Lehman at the time was alleged to have $639 billion assets and a $619 billion debt making it the largest bankruptcy filing ever recorded in history and making Lehman the largest sub-prime
Citigroup was ranked 20th by Fortune 500 ranking of America largest corporations. In 2012 the company has profits of over $11 billion, which was up from $10.6 billion in 2010 (Citigroup, n.d.). The company is traded on the NYSE (New York Stock Exchange) under the symbol C and in 2012 celebrated its 200th anniversary (Citigroup, n.d.). Citigroup is a the world leader when it comes to financial services and has over 260,000 employees, 16,000 offices worldwide and does business in over 140 countries (Citigroup, n.d.). The company is still recovering from the hit it took during the financial
As of December 2011, it was the 18th largest company on the FTSE, with a market capitalization of £27.3 billion. [1] 1.2. SWOT ANALYSIS: 1.2.1. STRENGTHS: 1.2.2. WEAKNESSES: 1.2.3.
Nestor Riel P. Cruz Jr. Reaction Paper-1 MBA/ Accounting 1 & 2 Dr. Diana dela Vega The Enron Company started as an interstate pipeline company dating back from 1985. From the pipeline industry Enron started to move into other fields such as broadband services unit and Enron online (a website for trading supplies and merchandises). In 2000, the development of Enron swiftly began and its annual revenue reached up to an astonishing $100 billion US. Sky rocketing the company as the sixth-largest energy company in the whole world.