What components of stockholders equity do

Assignment Help Financial Accounting
Reference no: EM13667369

Review the financial statements we used in the first module to learn additional information (General Mills and Meiji holding). The emphasis of this Case is to review the income statement, balance sheet, and computation of ratios.

Review the financial statements for the companies and answer the following questions for the last reporting year. If no information is available, state that to be the case:

Balance Sheet

  • What components of stockholders' equity do each of the companies disclose?
  • Do the companies have preferred stock shares outstanding? If so, what special features do these shares contain?
  • Do either of the companies report treasury shares? If so, do the companies disclose the reason for reacquiring the shares?

IncomeStatement

  • What are the basic and diluted earnings per share for each company?
  • Have the companies reported any discontinued operations?
  • Do the companies disclose any stock compensation plans? If so, are they reporting such plans under the fair value or intrinsic value methods? What was the value of compensation expense measured for any outstanding stock option plans?

Financial Ratios

Compute the following ratios. Also, interpret and assess each group of ratios for the company. What type of story are the ratios telling the analyst?

  • Profitability ratios:
    • Grossprofitmargin
    • Net profitmargin
    • Returnonstockholders' equity
  • Liquidity ratios:
    • Current ratio
    • Quick ratio
    • Inventoryturnover
  • Leverage ratios:
    • Debt-to-assets
    • Debt-to-equity
    • Times-covered ratio

What type of information do you find in footnotes to the financial statements?

Do you find the balance sheet, income statement or other measures such as ratios the most informative? Comment on the advantages and disadvantages of using ratios for analysis.

Reference no: EM13667369

Questions Cloud

Influencing the gm decision : Which of the following biases could be influencing the GM"s decision?
Explain what is the wavelength of light emitted : Explain what is the wavelength of light emitted when an excited electron in hydrogen atom falls from the n=5 level to n=2? use nanometers
Explain how many half-lives have passed in the reaction : Phosphorus-32 decays by beta emission to form sulfur-32. Explain how many half-lives have passed in the reaction shown here
Jobs necessary to realize business goals : To determine the numbers and types of jobs necessary to realize business goals, HR must assess the KSAs available within the organization during a staffing needs analysis. What other factor is necessary to complete the assessment?
What components of stockholders equity do : Review the financial statements for the companies and answer the following questions for the last reporting year. If no information is available, state that to be the case:
Needs to hire a replacement for the marketing : The marketing director needs to hire a replacement for the marketing coordinator, who is being promoted. The position has changed quite a bit since the last time the job was advertised, and the director is looking to HR to assist in redefining the jo..
Compute the original speed of the truck : A truck travels 40 meter in 8.5 second, while uniformly slowing down to a final speed of 2.8 m/s. Compute the original speed of the truck
There a good connection between the company messaging : There a good connection between the company messaging and the employees, or is there a level of disconnect?
Explain the size recommended in the procedure : If a student weighed a copper wire that was significantly larger than the size recommended in the procedure.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Finding the the cash balance at the end of the yearcash

finding the the cash balance at the end of the year.cash flow computations from the following selected data compute the

  Prepare entries in general journal form

Prepare entries in general journal form to record the following transactions in General Fund general ledger accounts for the fiscal year 2012.

  Cvp analysis- variation in sales

CVP Analysis- variation in sales - Calculate the amount of operating incomes (or loss) that you would expect each firm to report in 2009 if sales were to Increase by 20%

  How much travel costs can jackson deduct per year

Jamison owns a cabin in Mammoth and travels there for maintenance three times a year. The round trip to Mammoth from San Diego where Jamison lives, is approximately 450 miles. How much travel costs can Jackson deduct per year related to his renta..

  Jane collier james taye and steve allwine each own

jane collier james taye and steve allwine each own one-third of the common stock of tasty treats and beverages. the

  Who are the stakeholders in this situation

Who are the stakeholders in this situation

  Calculate average cost per unit

Calculate average cost per unit what amount would be shown as ending inventory under FIFO, LIFO and Average cost?

  Journalize and post the adjusting entry for bad debts

Journalize and post the adjusting entry for bad debts at December 31, 2012, journalize and post to the allowance account the following events and transactions in the year 2013

  What action is required if the error is not discovered

What action is required? Ignore taxes. What action is required if the error is not discovered until 4 years after it occurred?

  What was free cash flow for the fiscal year ended in 2011

Does Lowe's use the direct or indirect method to report cash flows from operating activities? How can you be sure about this? Include in your answer the first three items in the Cash from Operations section.

  Hy does the government worry about this

Both S Corps and partnerships have rules on permissible tax years, and cannot just use whatever tax year they like. What are the rules for each? Compare and contrast them, since they are not exactly the same. Why does the government worry about th..

  What is cleary allocation of 2010 net income

Cleary, Wasser, and Nolan formed a partnership on January 1, 2010, with investments of $100,000, $150,000, and $200,000, respectively. For division of income, they agreed to (1) interest of 10% of the beginning capital balance each year.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd