Finacial reporting problem I

Finacial reporting problem I - most recent annual reporting...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
.1 Financial Reporting Problem Part I Use the Internet to acquire a copy of the most recent annual report for a publicly traded company. Then, use the information contained in the company’s balance sheet and income statement to answer the following questions: .a What were the company’s total assets at the end of its most recent annual reporting period? $ 148,883 (millions) 2007 .a What were the total assets at the end of the previous annual reporting period? $186,304 (millions) 2006 .a How much cash and cash equivalents did the company have at the end of its most recent annual reporting period? $24,549 (millions) 2007 .a What amount of accounts payable did the company have at the end of its
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: most recent annual reporting period? $29.4 billions 2007 .a What amount of accounts payable did the company have at the end of the previous annual reporting period? $26.9 billions 2006 .a What were the companys net revenues for the last three annual reporting periods? $178,199 (millions) 2007, $171,435(millions) 2006 , $158,879 2007(millions) .a What was the change in dollars in the companys net income from its most recent annual reporting period to the previous annual reporting period? A net income difference from 2006 to 2007 of (64.95) net loss....
View Full Document

This note was uploaded on 08/04/2009 for the course ACC 363 123123 taught by Professor Mail during the Spring '09 term at University of Phoenix.

Page1 / 2

Finacial reporting problem I - most recent annual reporting...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online