Take a look at the financial statements what is your

Assignment Help Accounting Basics

Reference no: EM13568958

1. Find the discussion of depreciation methods in the notes section in your 10-K. What methods are used? Discuss why that method/those methods were selected by your company, and whether or not you agree with those selections.

2. The Balance Sheet just has one line for net property, plant, and equipment. Find the detail behind this number in the notes section. What assets are included in this number? Which of these assets is the largest? Does it surprise you, or does it seem consistent with what this company does? How much is accumulated depreciation at the recent year-end? How much is your accumulated depreciation as a percent of gross property, plant, and equipment? Is that percentage high or low, good or bad.

2. Does this company have any unearned revenue? If so, on what financial statement did you find it? What did the Notes or Accounting Policies sections tell you about it? Were you able to ascertain at what point the unearned (deferred) revenue turns into revenue?

3. Take a look at the financial statements. What is your opinion on how Starbucks is performing? Are they doing better this year than last year? Is there anything surprising to you in their financial statements?

Reference no: EM13568958

Questions Cloud

Equipment acquired on january 2 2011 at a cost of 273500 : equipment acquired on january 2 2011 at a cost of 273500 has an estimated useful life of eight years and an estimated

How does the accounting write-off of design and development : how does the accounting write-off of design and development costs as current period expenses affect managers incentives

If the new plant is built how many skateboards will have to : tyrene products manufactures recreational equipment. one of the companys products a skateboard sells for 35. the

The chief executive of a clothes manufacturer charged with : the chief executive of a clothes manufacturer charged with committing financial fraud was dismayed that the controller

Take a look at the financial statements what is your : 1. find the discussion of depreciation methods in the notes section in your 10-k. what methods are used? discuss why

Waterford industries is ocnsidering the purchsase of a new : waterford industries is ocnsidering the purchsase of a new machine. it will replace an existing but obsolete machine

Acme in pruchased 50000 shares of takedown enterprises on : acme in pruchased 50000 shares of takedown enterprises on january 12000. the total purchase price was 4300000.

The company is in the process of preparing a cash budget : mitchell company had the following budgeted sales for the last half of last yearcash salescredit salesnbspnbspjuly70000

Based on your study of accounting so far identify at least : weve seen huge growth in the computer industry in a very short time. there is a high demand for new software from all

User Account

All Pages