ATT 2015 ATT 2014 VRZ 2015 VRZ 2014 Industry
0.7527188 0.859074 0.635627 1.055552
0.752718755 0.859074084 0.635627068 1.055551596
AT&T INC (T) CashFlowFlag BALANCE SHEET
Fiscal year ends in December. USD in millions except per share data.
Cash and cash equivalents
Deferred income taxes
Other current assets
Case One Questions
1. What is the possible meaning of the changes in stock price for Berkshire Hathaway and
Scottish Power plc on the day of the acquisition announcement? Specifically, what does
the $2.55 billion gain in Berkshires market value of equity
1.) Common Size Financial Statements
a. Financial statements give us good information regarding the position and
performance of a firm
b. What do we do if we want to compare one firms position/performance with
i. Two options:
1.) Financial Management: the study of how to effectively manage the monetary
resources of the firm.
3 Main functions of financial manager:
1.) Capital Budgeting
a. Which projects does the firm like to take on?
2.) Capital Structure