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Pepsi Co 2005 Ratio 2004 Ratio Current Assets $10,454 Current Assets $8,639 Current Liabilities $9,406 Current Liabilities $6,752 Divide 10,454 by 9,406 = 1.11% Divide 8,639 by 6,752 = 1.28% 2005 Vertical 2004 Vertical Current Assets
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Practice Work: 1. Adjusting and closing entries. The following trial balance was taken from the books of Caslup Corporation on December 31, 2010. Account Debit Credit Cash $ 40,000 Accounts Receivable 108,000 Note Receivable 8,000 Allowance for Doubtful Accounts $ 1,800 Merchandise Inventory 54,000 Unexpired Insurance 4,800 Furniture and Equipment 138,000 Accumulated Depreciation of F. & E. 15,000 Accounts Payable 10,800 Common Stock 44,000 Retained Earnings 65
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CHAPTER 1 Introduction to Financial Statements ASSIGNMENT CLASSIFICATION TABLE |Study Objectives | |Questions | |Brief Exercises | |Exercises | |A Problems | |B Problems | | | | | | | | | | | | | |1. Describe the primary forms of business | |1, 2 | |1 | |1
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| $2,712 | | Other Assets | $4,300 | $4,300 | | Total Assets | $14,898 | $14,898 | | | | | | | Current Liabilities | $3,776 | $3,776 | | Total Interest Bearing Debt | $3,529 | $7,529 | | | Of Which: Long-Term Debt | $2,559 | $6,559 | | Other Liabilities | $2,533 | $2,533 | | Equity including Minority Interests | $5,060 | $1060 | | Total Liabilities &
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Introduction: Health is wealth. The knowledge persons of all the years & times said this valuable comment forever. Really its true. A healthy body can build a healthy human; a healthy human can develop a civil society. A good civil society can build a strong nation. So it is never ever can underestimate the necessity of human health. What is inside the sound human body? If we postmortem the causes then we will get that, a healthy balanced diet is the one of the main reason of maintaining the good
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with the common income sheet. The common balance sheet visualizes the company’s current assets, property and equipment, liabilities and stockholder’s equity, current liabilities, long term liabilities, and stockholder’s equity. The balance sheet is an easy way to visualize that the total assets have increased by .036% in the last fiscal year, as well as an increase in total liabilities and equity. The common income sheet visualizes the revenue, gross profit, operating expenses, income from operations
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P3-3A Fernetti Advertising Agency, Inc. was founded by John Fernetti in January of 2007. Presented below are both the adjusted and unadjusted trial balances as of December 31, 2008. FERNETTI ADVERTISING AGENCY, INC. Trial Balance December 31, 2008 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash $ 11,000 $ 11,000 Accounts Receivable 20,000 22,500 Art Supplies 8,600 5,000 Prepaid Insurance 3,350 2,500 Printing Equipment 60,000 60,000 Accumulated Depreciation $ 28,000 $ 34,000 Accounts Payable 5,000 5,000
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A financial analysis of INDITEX Annual Report—2014 Major Activities What are the major activities of the company? Explain in your own words( max 150 words) what company does. Use pictures to support your story. INDITEX is a fashion retailer from Spain which started in 1930 as a small workshop making women’s clothing. After the launch of the first ZARA store, a fashion brand, in 1975, INDITEX aims to offer the most fashionable clothes and accessories of high quality. Trough the brands’ international
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Case Discussion Questions: 1) Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? a) Clarkson Lumber has experienced a rapid growth in sales (see net sales below) and the company is finding it hard to find cash to sustain their level of growth (see notes payable below). The amount of working capital needed is outpacing the ability of the company to produce the funds themselves. To keep up with the increase of sales they need to borrow funds to increase
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