Premium Essay

Financial Statemetn Review

In:

Submitted By sbagdasar
Words 358
Pages 2
University of Phoenix Material

Financial Statement Review

What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors?

As of June 28, 2014 net income is $2,245 Millions compared to June 29, 2013 when net income was $1,847 Millions. Net income increased by $398 Millions

Net income provides information regarding the company’s bottom line. If the company is profitable each year investors are likely to invest in the company.

What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information?

Ending balance of stockholders equity was $45,520 Millions. Labor unions are interested in company’s stockholders equity as they may suggest to management that dividends paid to investors should be reduced and an increase to employee benefits and negotiate contracts with employees.

What is the total value of assets? Why would this information be important to a potential creditor?

Total assets are $83, 723 Millions
Total assets including international theme parks are $80,424 Millions.

Creditors are interested in the company’s assets because it shows the company has the means to pay off or keep up with debt. Banks are interested if the company has something of value to concert to cash to pay down debts if it gets to that point. If the company is interested in obtaining a loan or more credit from a bank the total value of assets shows that the company is willing to risk assets.

What is the total cash flow from operation?

Total cash flow was $6,675 Millions from operation

What financial statement user would find this information most important?

Management and investors would use the statement of cash flows to determine the company’s financial health over a period of time. The users of these statements

Similar Documents

Premium Essay

Auditing

...THE COMPANIES ACT, 2009 (Act No. 8 of 2009) I ASSENT ………………………………………………………………….…………………………………………… Mswati III King of Swaziland ……………………………………………………….……………….……..…..…, 2009 ________________ AN ACT entitled An Act to provide for the constitution, incorporation, registration, management, administration and winding up of a companies and other associations. ENACTED by the King and the Parliament of Swaziland. Arrangement of Sections Section 1. PRELIMINARY Short title and commencement. CHAPTER 1 INTERPRETATION AND GENERAL APPLICATION 2. 3. Interpretation. General application of Act and preservation of rights of existing companies. CHAPTER 2 2 PART I OFFICE OF REGISTRAR Office of Registrar. Functions of Registrar. Seal of Office. Exemption from liability. Inspection and copies of documents in the office of Registrar. Manner of payment of fees to the office of Registrar. Annual report by Registrar. Decision of Registrar reviewable by Court. Security for costs in legal proceedings by companies and bodies corporate. Copies of court orders to be transmitted to Registrar and Master. PART II STANDING ADVISORY COMMITTEE 14. Standing advisory committee. PART III TYPES AND FORMS OF COMPANIES, CONVENTIONS AND LIMITATIONS ON PARTNERSHIPS AND ASSOCIATIONS 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. Types and forms of companies. Meaning of “private company” and cessation of its privileges. Incorporation of associations not for gain. Incorporation of certain branches of foreign companies...

Words: 89745 - Pages: 359