HP Financial Analysis By 2635 For: Nekesha Joy ACCT305ON 8/14/2011 Table of Contents Introduction ………………………………………………………………………………………………………………………………………pg. 3 Property Plant &Equipment …………………………………………………………………………………………………………………pg.4 Intangible Assets …………………………………………………………………………………………………………………………………..pg 5 Depreciation and Impairments ………………………………………………………………………………………………………………pg 6 Current & Long Term Liabilities……………………………………………………………………………………………………………. pg 7 Conclusion ……………………………………………………………………………………………………………………………………………pg
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the company’s cash flows, debt and revolving credit facilities, and the sale of trade accounts receivables. Three of the company’s cash flow transactions are insurance settlement proceeds, sale of accounts receivable, and acquisition of property, plant, and equipment on account. This memo will analyze each transaction under Financial Account Standards Board’s (FASB) Accounting Standards Codification (ASC) 230, Statement of Cash Flows. This memo will also appropriately classify each transaction and
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Candice Lavant CHAPTER10: Acquisition and Disposition of Property, Plant, and Equipment I. Property, Plant and Equipment Property, Plant, and Equipment (Fixed Asset or Plant Asset) Historical cost principle Include any “normal” or “routine” expenditure to get an asset in place and functioning. A. Whether you buy it, build it, plan to keep it and operate it or plan to sell it: Capitalize all costs necessary to make the asset ready for its intended use Anything you get back is a reduction
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sales of property, plant, and equipment and other productive assets • d. not used • e. Receipts from sales of loans that were not specifically acquired for resale. That is, if loans were acquired as investments, cash receipts from sales of those loans shall be classified as investing cash inflows regardless of a change in the purpose for holding those loans. For purposes of this paragraph, receipts from disposing of loans, debt or equity instruments, or property, plant, and equipment include
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Dollar Tree Financial Statement Analysis DeVry University 8/19/12 Table of Content Introduction-------------------------------------------------------------------------------------------------------------------3 Question 1--------------------------------------------------------------------------------------------------------------------3 Question 2--------------------------------------------------------------------------------------------------------------------4 Question 3----------
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28.27 % increase in total assets by 2011. This is largely attributable to the increase in investment on biological assets and other noncurrent assets accounts. There is also an increase in investment properties which are sources of additional cash and trade receivables from renting pieces of property to others. The increase in percentage of total assets dropped from 28.27% in 2011 to only 12.50 % by 2012. This is attributable to the minimal growth in several noncurrent assets which
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Chapter 3 The Balance Sheet and Financial Disclosures AACSB assurance of learning standards in accounting and business education require documentation of outcomes assessment. Although schools, departments, and faculty may approach assessment and its documentation differently, one approach is to provide specific questions on exams that become the basis for assessment. To aid faculty in this endeavor, we have labeled each question, exercise, and problem in Intermediate Accounting, 7e with
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Chapter 3 The Balance Sheet and Financial Disclosures Questions for Review of Key Topics Question 3-1 The purpose of the balance sheet, also known as the statement of financial position, is to present the financial position of the company on a particular date. Unlike the income statement, which is a change statement that reports events occurring during a period of time, the balance sheet is a statement that presents an organized array of assets, liabilities, and shareholders’
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In accounting, historical cost is the original monetary value of an economic item.[1] Historical cost is based on the stable measuring unit assumption. In some circumstances, assets and liabilities may be shown at their historical cost, as if there had been no change in value since the date of acquisition. The balance sheet value of the item may therefore differ from the "true" value. While historical cost is criticised for its inaccuracy (deviation from "true" value), it remains in use in most
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(Grocery) (right answer) This company appears to be associated with the retail industry. Compared to the other companies, Company 1 has (1) the lowest gross profit and gross margin; (2) fairly high inventory; (3) no R&D; (4) moderate property, plant & equipment costs; and (5) high finished goods. Historically, grocery stores are a low margin industry and since they do not “create” a product to sell they do not invest money into R&D and rely on selling finished products produced by others
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