Home Depot, Inc Financial Statements Cari Tenan ACC/497 October 1, 2012 Teresa Jenkinson Home Depot, Inc Financial Statements In 1978 Home Depot, Incorporated was incorporated. Home Depot, Incorporated is the world’s largest home improvement retailer selling an assortment of building materials, home improvement, lawn and garden products plus numerous services. In 2008, Home Depot, Incorporated had 2,233 stores throughout the United States, Puerto Rico, the United States Virgin Islands
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The Income Statement. It shows a business’s sources of income as well as the expenses it has incurred over a given time period that is being examined. The difference between the total incomes of the business and its expenses gives its net profit. The main aim of a business is to maximize its profit. The importance of an income statement therefore is to help in making an analysis of how the different decisions the business makes affect its level of profitability. The Cash flow Statement. It
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Financial Statement Differentiation ACC/561: Accounting March 2013 Financial Statement Differentiation It is difficult to envision investors, creditors, and management making informed decisions sans accurate financial information. Consequently, organizations should use financial statements to communicate their financial stability, cash flows, and operational results with external and internal users. The purpose of this paper is to explain information contained in each of the four financial
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CHAPTER 13 STATEMENT OF CASH FLOWS OVERVIEW OF EXERCISES, PROBLEMS, CASES, AND INTERNET ASSIGNMENT Exercises 13–1 13–2 13–3 13–4 13–5 13–6 13–7 13–8 *13–9 *13–10 13–11 Problems 13–1 13–2 13–3 13–4 13–5 13–6 13–7 *13–8 Topic Using a cash flow statement Using a cash flow statement Using noncash accounts to compute cash flows Relationship between accrual and cash flows Accrual versus cash flows Investing activities and interest revenue Format of a cash flow statement Cash effects of business strategies
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ACC 607 Financial Statement Articulation and Forecasting Project1 Crunchy Cones, Inc. Management of an ice cream cone retail company, Crunchy Cones, Inc., is considering opening specialty stores that sell whole wheat ice cream cones lined on the inside with bittersweet chocolate. The cones would be manufactured by a company experienced in the manufacture of chocolate products and Crunchy Cones would be a retailer for the cones. You have been asked to prepare a generic template that can be used for
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events happen during the five-year period of Charlene's two investment alternatives in Weatherman Corporation. The company earns net income each year of $10 million for the next five years. If Charlene chooses the bond alternative, she will receive $20,000 interest every six months for five years and then will receive her $500,000 back. But what if Weatherman’s net income turns out to be $100 million each year for the next five years, or even $1 billion each year? How will that affect Charlene’s return
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Analysis the Statement of Cash Flows www.AssignmentPoint.com www.AssignmentPoint.com he Statement of Cash Flows presented by a company, provides information about the cash inflows and outflows within a certain period of time, and it can predict the future cash flows of the company. It keeps track of company's cash and categorizes it into either operating activities, investing activities, or financing activities. Operating activities use the items located on the income statement and convert
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Differentiation of Financial Statements ACC 561 Accounting June 17, 2012 Differentiation of Financial Statements Financial statements provide a snapshot of a company. These statements are used to make financial decisions concerning company operations, acquiring business credit, and investment choices. Commonly reviewed statements include balance sheet, income statement, statement of cash flows, and retained earnings statement. Each statement provides unique information used for financial
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presents information on a potential project with conventional cash flows currently being evaluated by SDA. Which of the statements are true? Expected cash flows (number of years from today) | Cost of capital | 0 | 1 | 2 | 3 | 4 | | -60,000 | 28,000 | 18,000 | 35,000 | 9,000 | 14.0% | Statement 1: SDA would accept the project based on the project’s payback period and the payback rule if the payback threshold is 2.25 years Statement 2: SDA would accept the project based on the project’s discounted
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Plus 2nd . 9 Enter Financial Statements, Cash Flow, and Taxes Balance sheet Income statement Accounting income vs. cash flow MVA and EVA Federal tax system The Annual Report Balance sheet – provides a snapshot of a firm’s financial position at one point in time. Income statement – summarizes a firm’s revenues and expenses over a given period of time. Statement of retained earnings – shows how much of the firm’s earnings
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