Krispy Kreme’s Income Statement and Balance Sheet during these years looked promising; however in 2004, the company’s stock price plummeted due to accounting revelations. Krispy Kreme was recording the reacquisition of franchises as unamortized intangible assets, which targeted an investigation by the SEC. Was Krispy Kreme really financially healthy? Historical income statements and balance sheets can give a perception that a company is financially healthy, but they don’t tell as clear of a picture
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Tangible assets: Assets which t have physical existence or which are touchable. Ex: Plant and machinery, buildings, furniture etc. Intangible assets: Assets which don’t have physical existence or which are not touchable. Ex: Goodwill, Patents, etc. Share warrants: (Page 74 of Tata steel annual report) A warrant gives the holder the right but not the obligation to buy an underlying security at a certain price, a specified quantity at predetermined future time. A share warrant cannot be issued by
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corporate strategic opportunity. Recently, however, distressed M&A has become more common: A B as of April of 2009, there were 60 distressed M&A deals for the year including Valero Energy Corporation’s purchase of VeraSun Energy Corporation’s assets in bankruptcy; in 2008, there were 220 distressed deals; and in 2007, there were 134.[2] B B When assessing distressed M&A opportunities, corporate strategists should leverage their industry knowledge and expertise to search for hidden value
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Report 6 D. Variations in the report content for different users 7 E. Covering letter 7 Question 4 7 A. Financial analysis of Air New Zealand 7 B. Price earnings 7 C. Invest 8 D. Share price 8 E. Intangible assets 8 F. Total liabilities divided by total assets 8 Question 5 9 A. Financial analysis and comment. 9 B. 2011 Situations investment 9 C. Comparison calculations of Air New Zealand 9 References 10 Question 1 Representatives: The staff of the association
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PRACTICAL PROBLEM 2 Washington Company Statements of Financial Position As of December 31, 20X1, 20X2, 20X3 20X3 ASSETS Current assets: Cash and cash equivalents Accounts receivable-trade Inventories Prepaid income taxes Prepaid expenses and other Total current assets Property, plant, and equipment, net Intangibles resulting from business acquisitions Other assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued liabilities Unearned revenue on maintenance
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Executive Summary RAC Sports will be a Non profit multisport tournament fundraiser stationed in Thayer, Missouri. There are currently no other sports program like this one anywhere in the Thayer or West Plains. This plan will be used to define the scope of our services, as well as a means of gaining the necessary funds to operate our mission. It will also be used on a continual basis in the evaluation of The RAC Sports mission, goals, and objectives. The keys to success for RAC Sports are our ability
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Scientific essay International Financial Reporting Standard for Small and Medium Size Entities: IFRS FOR SMEs 1- Introduction Now days the word has become one global market where there is no border for business to operate. To help facilitate that globalization, businesses have to present their financial statement on the same basis as its foreign competitors, making comparisons easier. That why the use of the International Financial Reporting Standards (IFRS) which is a
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instituted by the acquisition of substantially all of an enterprise’s assets. (2) a statutory merger can also be produced by the acquisition of a company’s capital stock. This transaction is labeled a statutory merger if the acquired company transfers its assets and liabilities to the buyer and then legally dissolves as a corporation. (3) A statutory consolidation results when two or more companies transfer all of their assets or capital stock to a newly formed corporation. The original companies
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EXXON MOBIL Financial Analysis JUNE 2015 Prepared by: Maria Karpowicz-Wójcik Monika Tyburska Executive Summary This report was commissioned to analyze financial statements for years 2010- 2014 of Exxon Mobil. It presents overall review of this company’s history and business, as well as its strategies and mission. Additionally, this report presents an impact of Exxon Mobil on social and natural environment. Moreover it describes
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the given questions and your complete answers. The exam is worth 20% of your course grade. Your completed exam is due to the Assignment Drop Box by Sunday, July 12, at 10:00 p.m. 1. Problem #1 The equation to answer this questions is assets= liabilities+ owner's equity. Before the sale of the parcel of land is made, $60,000(what the seller still owed the bank on the land)+ $110,000(the amount of money the seller has invested into purchasing the land)= $170,000 (which is what the
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