Financial Reporting Problem, Part 1

XACC/290

Financial Reporting Problem, Part 1
I chose to use the company I work for to complete this assignment. It gives me a better insight as to how the company does financially. Although this is nationally and while it does include what my particular shop contributes it is a total combination of all the company owned shops as well as franchised shops. Dunkin Donuts is a well know coffee, donut and pastry shop, with shops throughout the U.S. and abroad. The last two reporting periods are March 29, 2014 and June 28, 2014 and are as follows.
Dunkin’ Brands Group Inc. reported (all reported in thousands) $3,104,491 in total assets at the end of the last reporting period, June 28, 2014. This information is important as it shows a snap shot of how well the company is doing financially. As I had already stated this is a snap shot of all of the Dunkin Donuts shops throughout the world, both brand owned and franchised shops. Investors and stock holders would most likely do well investing in this company. They have the means to repay any loans that are awarded to them. The reported total assets in the last reporting period was at (reported in thousands) $3,136,320, so there was a slight dip in assets from the last reporting period.
The report goes on to show that the Brand reported at total of (in thousands) $176,381 in cash and cash equivalent at the end of the reporting period dated June 28, 2014. This again is a dip from the previous reporting period ending March 29, 2014 which was reported at $202,420. This may be due to an increase in the accounts payable from March at $11,633 to June reported at $12,535.
The net revenues tells investors and managers how well the company is doing in sales or services and bringing in money. Total revenues reported for March was $171,948 and $190,908 in June, however the net income