Accounting Project.wps

Accounting Project.wps - -11. I. Walgreens II....

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-11. I. Walgreens II. www.Walgreens.com III. WAG IV. Drug stores and proprietary stores; SIC: 5912 V. August 31 VI. Walgreens is principally a retail drugstore chain that sells prescription and non-prescription drugs and general merchandise. General merchandise includes among other things beauty care, personal care, household items, candy, photofinishing, greeting cards, convenience food and seasonal items. VII. CVS Corporation; CVS 2. I. LIFO II. 2007 Owed by customers: $2,306,000,000 Allowance for Doubtful Accounts: (69,000,000) Expect to collect: 2,237,000,000 2008 Owed by customers: 2,623,000,000 Allowance for Doubtful Accounts: (96,000,000) Expect to collect: 2,237,000,000 III. Depreciation is provided on a straight line basis. 2007 Historic: 10,981,000,000 Accumulated: 2,777,000,000 Book Value: 8,204,000,000 2008 Historic: 12,918,000,000 Accumulated: 3,143,000,000 Book Value: 9,775,000,000 IV. Common Stock $.078125 par value; authorized 3.2 billion shares; Issued 1,025,400,000 shares in 2007 and 2008; outstanding shares:
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Accounting Project.wps - -11. I. Walgreens II....

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