Premium Essay

Comcast Sec 10k

In:

Submitted By Justwebb1296
Words 863
Pages 4
Justin Webb
ACCT 221 Principles of Accounting II
October 25, 2015
Comcast SEC 10K
Professor Nancy Christie

Abstract
An SEC 10K Report is a summary of a company’s performance that is sent to the Securities and Exchange Commission. The yearly 10K report generally contains a lot more detail than a quarterly report that is available to stockholders, employees, or anyone with a vested interest in the company. Within the yearly 10K Report, detailed accounting statements are shown. People can use these statements to evaluate the financial stability of a company. Outlined within the report are financial statements, allowance for doubtful accounts, as well as other company information.
Company Background
Comcast Corporation is an American multinational mass media company and is the largest broadcasting and Cable Company in the world by revenue. It is the second largest pay-tv company after the AT&T-DirecTV merger and largest residential Internet Service Provider in the United States. It is also the nation's third largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and the District of Columbia.
Comcast Headquarters Comcast is headquartered in Philadelphia, Pennsylvania. The company’s state of incorporation is also the state of Pennsylvania. Brian L. Roberts is Comcast’s Chairman and Chief Executive Officer. Michael J. Angelakis is Comcast’s Chief Financial Officer. Lawrence J. Salva is Comcast’s Chief Accounting Officer. These are the three people who were responsible for certifying that the financial statements within the Comcast SEC 10K Report were true and accurate.
Income Statement Comcast Corporation had net sales of $68,775,000,000 in 2014. This was an increase of $4,118,000,000 from $64,657,000,000 in net sales during 2013. Cost of Goods sold also increased from $51,094,000,000 in 2013 to

Similar Documents

Premium Essay

Comcast

...SEC 10K Project: Statement of Stockholder's Equity Respond to the following questions: Category: Capital stock 1. Describe the following details about your corporation's common stock: a. $7,500,000,000 Authorized number of shares b. $0.01 Par or stated value per share c. Issued number of shares d. $2,436,465,724 Outstanding number of shares e. (7,517,000) Treasury stock 2. Describe the following details about your corporation's preferred stock: a. $20,000,000 Authorized number of shares b. $0.01 Par or stated value per share c. Issued number of shares d. $2,476,118,273.00 Outstanding number of shares e. Cumulative or non-cumulative f. Participating or non-participating 3. Discuss Treasury Stock transactions over the past three years and explain its affect on total stockholder's equity and retained earnings. The portion of shares that a company keeps in their own treasury. Treasury stock may have come from a repurchase or buyback from shareholders; Treasury stock is the portion of shares that a company keeps in their own treasury. Comcast Corp's treasury stock for the quarter that ended in Sep. 2015 was $-7,517 Mil. Category: Retained Earnings 1. Use the following equation and show how the Retained Earnings account has changed over the past two years. Retained earnings, beginning balance + Prior period adjustments = Retained earnings, adjusted...

Words: 380 - Pages: 2

Free Essay

Specialization vs. Diversification

...Specialization-1 vs. Diversification-0 There is an ongoing debate in the business world between specialization and diversification. Companies like Fitbit and Lululemon benefit from their expertise and innovation in niche markets, whereas companies like PepsiCo and Koch Industries benefit from their diverse product and service lines that appeal to a wide variety of customers in several unrelated markets. So which business strategy is more effective in creating value for the company and its shareholders? While this question is not entirely answered by a quantitative analysis, given that businesses are dictated by more than the numbers, this research report addresses the underlying question by analyzing the conglomerate discount using ten company examples. The Conglomerate Discount The general idea behind the conglomerate discount is that companies with multiple unrelated business segments are unfairly valued in the market place as a result of rolling up the various divisions under one, larger parent company. Proponents of the conglomerate discount theory argue that the market essentially penalizes companies that diversify their portfolio of businesses by valuing the conglomerate company at a market value that is less than what the sum of the values of unrelated segments would imply. Because the operations of the business units vary tremendously, an investor that wants to generate a return on one division of the conglomerate must also invest in the multiple other unrelated...

Words: 1886 - Pages: 8

Free Essay

Set Up a Lan

...SET UP A SMALL OFFICE LAN Final Project SET UP A SMALL OFFICE LAN Final Project Jorge Acevedo CMIS 435 Jorge Acevedo CMIS 435 Table of Contents INTRODUCTION OVERVIEW NETWORK ARCHITECTURE NETWORK STRUCTURAL DESIGN HARDWARE AND SOFTWARE WORKSTATION COMPUTERS NOTEBOOK MULTI-FUNCTION PRINTER VoIP TELEPHONE SWITCH SERVER STORAGE BACKUP WIRELESS ROUTER FIREWALL PROTECTION CABLING AND CONNECTORS SECURITY INTERNET SERVICE PROVIDER CONCLUSION REFERENCES I. Introduction The current design consists of an Intel personal computer with Windows 7 as the operating system and accessing Internet services at 56 kbps modem speeds. The objective is to upgrade to a faster solution through the use of Ethernet Cable and Wireless 802.11n; deploy properly a Local Area Network using the necessary technology, hardware and software specifications, appropriate protocols and group policies; and combined wired and wireless communications to include Internet services provided by an Internet Service Provider. Overview The incorporated network consists of workstations, printer, scanner, fax and copier bundle; telephone capabilities; server management and protocols. The network would be configured to manage users, files, folders and printer sharing options to include a well implemented security system to prevent intrusion of cyber threats such as unauthorized users, viruses and spillage of information. A client-server oriented local area network architecture allows for...

Words: 3182 - Pages: 13

Premium Essay

Ac557: Final Project Adelphia

...Course AC557:01: Internal Control Assessment and Design Unit 5 Final Project: Adelphia Introduction This case analysis is about the Adelphia Corporation fraud that was considered to be one of the massive corporate scandals in US history. This company did not receive as much television and news exposure as Enron and WorldCom, but the fraud the Rigas family had engaged in caused the company to sustain tremendous losses. Adelphia was considered a family owned business to the Rigas family members. John Rigas had dominant control over the company and used his power in the company to engage in fraudulent activity to maintain the extravagant lifestyle they were used to living. Their unethical behavior bilked the company out of more than $100 million dollars, they also hid $2 billion of debt the family had accumulated in off-balance sheet partnerships, and lied to the public and investors about Adelphia’s operation and financial condition. The lack of virtually no internal controls or corporate governance in the company allowed the family members to participate in internal corruption, fraudulent activity, unethical behavior which caused the company to file bankruptcy. Adelphia History John Rigas and his brother Gus Rigas started the first cable system in 1952 in Coudersport, Pennsylvania. The name they chose for the company was Adelphia since it is a Greek word that means “brothers”, and generations of the Rigas family would be hired as employees of the company (International...

Words: 2748 - Pages: 11

Premium Essay

Ducati Case

...9-709-462 REV: JANUARY 15, 2010 JUAN ALCACER DAVID COLLIS MARY FUREY The Walt Disney Company and Pixar Inc.: To Acquire or Not to Acquire? In November 2005, Robert Iger, the newly appointed CEO of the Walt Disney Company, eagerly awaited the box office results of Chicken Little, the company’s second computer-generated (CG) feature film. He knew that, for Disney as a whole to be successful, he had to get the animation business right, particularly the new CG technology that was rapidly supplanting hand-drawn animation.1 Yet the company had been reliant on a contract with animation studio Pixar, which had produced hits such as Toy Story and Finding Nemo, for most of its recent animated film revenue. And the co-production agreement, brokered during the tenure of his predecessor, Michael Eisner, was set to expire in 2006 after the release of Cars, the fifth movie in the five-picture deal. Unfortunately, contract renewal negotiations between Steve Jobs, CEO of Pixar, and Eisner had broken down in 2004 amid reports of personal conflict. When he assumed his new role, Iger reopened the lines of communication between the companies. In fact, he had just struck a deal with Jobs to sell Disneyowned, ABC-produced television shows—such as “Desperate Housewives”—through Apple’s iTunes Music Store.2 Iger knew that a deal with Pixar was possible; it was just a question of what that deal would look like. Did it make the most sense for Disney to simply buy Pixar? Walt Disney Feature Animation ...

Words: 13708 - Pages: 55

Premium Essay

Essential of Strategic Management

...An Integrated Approach to Strategy Running Case Featuring Wal-Mart Wal-Mart’s Competitive Advantage (Chapter 1) ● Working Conditions at Wal-Mart (Chapter 2) ● Wal-Mart’s Bargaining Power over Suppliers (Chapter 3) ● Human Resource Strategy and Productivity at Wal-Mart (Chapter 4) ● How Wal-Mart Became a Cost Leader (Chapter 5) ● Wal-Mart’s Global Expansion (Chapter 6) ● WalMart Internally Ventures a New Kind of Retail Store (Chapter 8) ● Sam Walton’s Approach to Implementing Wal-Mart’s Strategy (Chapter 9) Strategy in Action Features A Strategic Shift at Microsoft (Chapter 1) ● The Agency Problem at Tyco (Chapter 2) ● Circumventing Entry Barriers into the Soft Drink Industry (Chapter 3) ● Learning Effects in Cardiac Surgery (Chapter 4) ● How to Make Money in the Vacuum Tube Business (Chapter 5) ● The Evolution of Strategy at Procter & Gamble (Chapter 6) ● Diversification at 3M: Leveraging Technology (Chapter 7) ● News Corp’s Successful Acquisition Strategy (Chapter 8) ● How to Flatten and Decentralize Structure (Chapter 9) Practicing Strategic Management Application-based activities intended to get your students thinking beyond the book. Small-Group Exercises Short experiential exercises that ask students to coordinate and collaborate on group work focused on an aspect of strategic management. Exploring the Web Internet exercises that require students to explore company websites and answer chapter-related questions. Designing a Planning System (Chapter 1) Evaluating...

Words: 223966 - Pages: 896

Premium Essay

Essentials-of-Strategic-Management-by-Hill-Jones

...An Integrated Approach to Strategy Running Case Featuring Wal-Mart Wal-Mart’s Competitive Advantage (Chapter 1) ● Working Conditions at Wal-Mart (Chapter 2) ● Wal-Mart’s Bargaining Power over Suppliers (Chapter 3) ● Human Resource Strategy and Productivity at Wal-Mart (Chapter 4) ● How Wal-Mart Became a Cost Leader (Chapter 5) ● Wal-Mart’s Global Expansion (Chapter 6) ● WalMart Internally Ventures a New Kind of Retail Store (Chapter 8) ● Sam Walton’s Approach to Implementing Wal-Mart’s Strategy (Chapter 9) Strategy in Action Features A Strategic Shift at Microsoft (Chapter 1) ● The Agency Problem at Tyco (Chapter 2) ● Circumventing Entry Barriers into the Soft Drink Industry (Chapter 3) ● Learning Effects in Cardiac Surgery (Chapter 4) ● How to Make Money in the Vacuum Tube Business (Chapter 5) ● The Evolution of Strategy at Procter & Gamble (Chapter 6) ● Diversification at 3M: Leveraging Technology (Chapter 7) ● News Corp’s Successful Acquisition Strategy (Chapter 8) ● How to Flatten and Decentralize Structure (Chapter 9) Practicing Strategic Management Application-based activities intended to get your students thinking beyond the book. Small-Group Exercises Short experiential exercises that ask students to coordinate and collaborate on group work focused on an aspect of strategic management. Exploring the Web Internet exercises that require students to explore company websites and answer chapter-related questions. Designing a Planning System (Chapter 1) Evaluating...

Words: 223966 - Pages: 896

Premium Essay

Ebay

...EBAY INC FORMReport) 10-K (Annual Filed 01/31/14 for the Period Ending 12/31/13 Address Telephone CIK Symbol SIC Code Industry Sector Fiscal Year 2065 HAMILTON AVENUE SAN JOSE, CA 95125 408-376-7400 0001065088 EBAY 7389 - Business Services, Not Elsewhere Classified Retail (Catalog & Mail Order) Services 12/31 http://www.edgar-online.com © Copyright 2014, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 . OR [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission file number 000-24821 eBay Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 77-0430924 (I.R.S. Employer Identification Number) 2065 Hamilton Avenue San Jose, California (Address of principal executive offices) 95125 (Zip Code) Registrant's telephone number, including area code: (408) 376-7400 Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Name of exchange on which registered Common stock The Nasdaq Global Select Market Securities registered pursuant...

Words: 90940 - Pages: 364

Free Essay

Term Paper

...Annual report 2013 Looking forward to the future Dear Fellow Stockholder, move ahead of our peers. This unique culture allows us to attract and keep the best leaders and talent because it provides opportunities to grow and take on new challenges. That spirit will remain a cornerstone for us, to the benefit of our viewers, colleagues and investors. Shareholders of 21st Century Fox will see value driven by a commitment to bring consumers across the globe the very best stories in film and television, the greatest moments in sports, unrivaled TV news coverage, and an array of satellite products and services that deliver Rupert Murdoch, Chairman & Chief Executive Officer, 21st Century Fox the world like never before. Our potential to expand our franchises outside the U.S. is limitless, and, with many international markets still in their infancy, largely untapped. It is through this lens – dynamic content, global reach and entrepreneurial culture – that we view both the foundation and future of 21st Century Fox. While I’m not one to look back, the past 12 months have made me especially proud. At the same time, our prospects for the next 12 months and beyond are as bright as ever. The following review of our cable business, sports programming, broadcast network, film and television assets and satellite services is a snapshot of the strong foundation we have built over the years, which will serve us well as we focus on the opportunities that lie ahead. Business Segment Overview...

Words: 89756 - Pages: 360

Premium Essay

Berk Demarzo

...FUNDAMENTALS OF Corporate Finance SECOND EDITION This page intentionally left blank FUNDAMENTALS OF Corporate Finance SECOND EDITION Jonathan Berk STANFORD UNIVERSITY Peter DeMarzo STANFORD UNIVERSITY Jarrad Harford UNIVERSITY OF WASHINGTON Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo The Prentice Hall Series in Finance Alexander/Sharpe/Bailey Fundamentals of Investments Bear/Moldonado-Bear Free Markets, Finance, Ethics, and Law Berk/DeMarzo Corporate Finance* Berk/DeMarzo Corporate Finance: The Core* Berk/DeMarzo/Harford Fundamentals of Corporate Finance* Bierman/Smidt The Capital Budgeting Decision: Economic Analysis of Investment Projects Bodie/Merton/Cleeton Financial Economics Click/Coval The Theory and Practice of International Financial Management Copeland/Weston/Shastri Financial Theory and Corporate Policy Cox/Rubinstein Options Markets Dietrich Financial Services and Financial Institutions: Value Creation in Theory and Practice Dorfman Introduction to Risk Management and Insurance Dufey/Giddy Cases in International Finance Eakins Finance in .learn Eiteman/Stonehill/Moffett Multinational Business Finance Emery/Finnerty/Stowe Corporate Financial Management Fabozzi Bond Markets: Analysis and Strategies Fabozzi/Modigliani Capital Markets: Institutions...

Words: 195133 - Pages: 781