ACCT 212
Individual Learning Project Questions
Name____Example____________
General Information:
1. What is the name of your corporation? Kraft Foods Group
2. Where are the corporate headquarters? Northfield, IL
3. What is the corporation’s fiscal year end? 12/27/2014
4. What are the primary products or services of the corporation? “We manufacture and market food and beverage products, including cheese, meats, refreshment beverages, coffee, packaged dinners, refrigerated meals, snack nuts, dressings, and other grocery products.” [10-K, page 1]
5. Graph the high and low price of the company’s stock for each quarter of the last two years. What was the high and what was the low?
The high was $91.32; the low was $55.93 [https://finance.google.com/finance/historical?cid=667819950492168&startdate=Jul%201%2C%202013&enddate=Jun%2030%2C%202015&ei=LFsPWuCyONPEmAGh2YDgDw&start=0&num=30. For existing companies, Yahoo Finance is a better option though, because you can group the historical prices by month rather than by day, meaning you only have to look at 3 lines to determine the overall high/low instead of 65 lines]
6. Who is the company’s transfer agent and where are they located? Wells Fargo Bank, N.A. [Definitive Proxy Statement, page 70; some companies will include this in the 10-K, or there are websites where you can look it up as well – www.stai.org is a good one]
7. Who are your company’s competitors? Large national and international companies and numerous local and regional companies, generic products and retailer brands, wholesalers, and cooperatives [10-K, page 4]
Market Information:
8. On which stock exchange is your corporation’s stock traded? NASDAQ [10-K, page 1]
9. What is the current market price of their stock? $88.19 [This is the final stock price before the merger with Heinz – found on Kraft’s website, although for current companies, it will be available on almost any financial website]
10. What is the ticker symbol used to identify your corporation on the stock exchange? KRFT
Internet Information:
11. What is the Internet address of your corporation? Be sure it appears as a hyperlink. www.kraftheinzcompany.com[This is the current web address, it would have been different before the merger]
12. Is the corporation’s Annual Report online? Yes [It is available in many places – the company’s website, www.morningstar.com, www.businessweek.com, etc.]
13. Are its financial statements on-line? Yes
14. Is your company listed on Annualreports.com? No [Not anymore, at least – it probably was before the merger]
15. How long is your company’s 10-K report at the Securities and Exchange Commission website (Edgar Database)? 171 pages
Cash Flow and Retained Earnings:
16. List the amount of cash flows from each of the 3 activities: Operating, Investing, and Financing for the 2 most recent years. What was the increase or decrease in cash for each of these years?
Category
2014
2013
Operating
2,020 million
2,043 million
Investing
(535 m.
THE Costco Wholesale CorporationSEC 10-K ReportMaryam Tayeri.docxmehek4
THE Costco Wholesale Corporation
SEC 10-K Report
Maryam Tayeri
Company Introduction
The Costco Wholesale Corporation was first opened under the name of Price Club in 1976 and provides goods to its customers for reasonable prices.
This presentation analyzes the fiscal years of 2013 & 2014 Statement of Cash Flow in details such as: Operating , Investing, and Financing activities.
Analysis of Operating Cash Flow
For the Fiscal Years of 2013 & 2014
Net cash provided by operating activities for the fiscal year of 2014 $3,984 million
Difference in income taxes for the year
($63 million)
Net cash provided by operating activities for the fiscal year of 2013 $3,437 million
Difference in income taxes for the year
($7 million)
Receivables Turnover Ratio
Fiscal Year of 2014
Receivables Turnover Ratio :
Net Credit Sales/ Average Net Receivables =
$110,212/ (($1148+$1201)/2)= 93.84
Analysis of Investing Cash Flow
Fiscal Years of 2013 & 2014
2014- Net cash used by investing activities ($2,093) Main investing activities: Purchase of short-term investments for ($2,503 million).
2013- Net cash used by investing activities ($2,251) Main investing activities: Purchase of short-term investments for ($2,572 million).
Analysis of Financing Cash Flow
Fiscal Years of 2013 & 2014
Fiscal year of 2013
Net cash (used in)
provided by financing activities ($786 million)
Fiscal year of 2014
Net cash (used in) Provided by financing activities $44 million
Net increase (decrease) in cash & cash equivalent
Fiscal years of 2013 & 2014
2014- Net cash increase by $1,094 million
2013- Net cash increase by $1,116 million
Recommendation
Costco Corporation
By Analysis of three parts of the Statement of Cash Flow we can conclude that Costco Corporation is a healthy company for investments:
1. Net cash provided by operating activities has been increased, compared to the pervious year.
2. Net cash used for investing activities was mainly for the short-term investment for the last two years.
References
Costco Wholesale Corporation Financial Statement Analysis Report
Maryam Tayeri
University of Maryland University College
Introduction
The purpose of this project is to provide financial insights of Costco Wholesale Corporation based on its SEC 10-K report, by analyzing Company’s Financial Statement for the fiscal year of 2014. The main focus of this analysis is to obtain various ratios by evaluating the three broad categories of the Statement of Cash Flow which provides information about Company’s operating activities, investing activities, and financing activities. Costco Corporation provides goods to its customers with reasonable prices. Costco’s largest competition is Sam’s Club which is owned by Wal-Mart Corporation. In this report, Costco and Wal-Mart’s Statements of Cas ...
The document provides an overview of analyzing Hyatt Hotel Corporation's annual report. It includes general information about the company such as its name, headquarters, fiscal year end, primary products/services, and stock price trends over the last two years. Common-size analysis of the income statement shows product costs as a percentage of revenue increased slightly from the previous year, while operating expenses and interest expenses decreased as percentages of revenue.
The document provides solutions to exercises for an accounting study guide. It includes solutions for exercises on defining accounting and its main functions, the difference between financial and management accounting, key financial statements (balance sheet, income statement, statement of cash flows), basic accounting principles, preparing balance sheets and income statements, double-entry accounting, recording transactions, and summarizing changes in financial position through journals and ledgers. Sample transactions are provided and journal entries are made to record the transactions.
STR 581 Capstone Final Examination Part 2 - Studentehelpstudent ehelp
Learn more at lower prices, Course STR 581 Capstone Final Examination, Part Two with entire test paper are offered. You can also choose according to your syllabus of STR 581 Capstone Final Examination.
The document discusses earnings response coefficients (ERCs) and how they are used to measure market reactions surrounding earnings announcement dates. ERCs measure stock price reactions (returns) in the periods before and after the announcement date (event periods). Returns are divided into actual, market, and abnormal returns. Abnormal returns are further broken down into cumulative abnormal returns (CARs) and average abnormal returns (AARs). The document also discusses how a company's capital structure, as measured by debt-to-equity ratios, can impact the informativeness of earnings, with higher debt ratios suggesting earnings are more informative to debtholders than shareholders.
The document discusses cash flows for a company over three years (1991, 1990, 1989). In 1990, major sources of cash were from investing activities. In 1989, major sources of cash were from financing activities. In 1991, major sources of cash came from operating activities followed by investing activities. Major uses of cash in 1991 were less than operating activities. In 1990 and 1989, major uses of cash were financing activities. Cash flow from operations was greater than net income in all three years. Current assets were primarily sources of cash in 1991 and 1990, while current assets were uses of cash in 1989. Current liabilities were uses of cash in 1991.
21
Analyzing Financial
Statements
Chapter Twenty-One
After completing this chapter, you should be able to:
1 Explain the objectives of financial statement analysis.
2 Describe and use the following four analytical techniques: horizontal analysis, trend
analysis, vertical analysis, and ratio analysis.
3 Explain the importance of comparisons and trends in financial statement analysis.
4 Prepare and interpret common-size financial statements.
5 Define and compute the various financial ratios discussed in the chapter.
Chicago, IL—Contemporary
Interiors, a Chicago tradition in
Scandinavian furniture and
contemporary design, has
announced a decision to go
national. Although Contempo-
rary Interiors has opened
stores throughout the Midwest
in recent years, the company
has remained a regional busi-
ness with the bulk of its sales
in the greater Chicago area.
Yesterday, however, a company
spokesman announced that
Contemporary Interiors’ Board
of Directors had decided the
time was right to make the
next move. Marc Janson,
spokesman for the firm’s pres-
ident and CEO, pointed to the
strong economy and consumer
confidence as being key to the
decision. “Disposable income
is up, and we’re seeing that in
our business,” said Janson.
“Even more important, though,
is our company’s strong finan-
cial position. The analysts tell
us that our financial state-
ments look good. Our working
capital, inventory turnover,
return on assets, and so forth
are all strong. This will be
important, because in order to
expand, the company’s going
to have to raise capital. And
the bankers and potential
investors are going to need to
see those strong financial indi-
cators. The board hasn’t
decided yet how much of our
new capital needs should be
debt and how much should be
in stock. I’m sure they’ll keep a
close eye on the debt-equity
ratio.” When asked where
Contemporary Interiors’ next
store would appear, Janson
replied that New York, Atlanta,
and San Francisco were all
under consideration.
CONTEMPORARY INTERIORS TO GO NATIONAL
Financial statements provide the primary means for managers to communicate about
the financial condition of their organization to outside parties. Managers, investors,
lenders, financial analysts, and government agencies are among the users of financial
statements. Substantial information is conveyed by financial statements about the
financial strength and current performance of an enterprise. Although financial state-
ments are prepared primarily for users outside an organization, managers also find their
organization’s financial statements useful in making decisions. As managers develop
operating plans, they think about how those plans will affect the performance of the
organization, as conveyed by the financial statements. In this chapter, we explore how
to analyze financial statements to glean the most information about an organization.
Overview of Financial Statements
There are four primary financial statements:
1. Balance sheet
2..
THE Costco Wholesale CorporationSEC 10-K ReportMaryam Tayeri.docxmehek4
THE Costco Wholesale Corporation
SEC 10-K Report
Maryam Tayeri
Company Introduction
The Costco Wholesale Corporation was first opened under the name of Price Club in 1976 and provides goods to its customers for reasonable prices.
This presentation analyzes the fiscal years of 2013 & 2014 Statement of Cash Flow in details such as: Operating , Investing, and Financing activities.
Analysis of Operating Cash Flow
For the Fiscal Years of 2013 & 2014
Net cash provided by operating activities for the fiscal year of 2014 $3,984 million
Difference in income taxes for the year
($63 million)
Net cash provided by operating activities for the fiscal year of 2013 $3,437 million
Difference in income taxes for the year
($7 million)
Receivables Turnover Ratio
Fiscal Year of 2014
Receivables Turnover Ratio :
Net Credit Sales/ Average Net Receivables =
$110,212/ (($1148+$1201)/2)= 93.84
Analysis of Investing Cash Flow
Fiscal Years of 2013 & 2014
2014- Net cash used by investing activities ($2,093) Main investing activities: Purchase of short-term investments for ($2,503 million).
2013- Net cash used by investing activities ($2,251) Main investing activities: Purchase of short-term investments for ($2,572 million).
Analysis of Financing Cash Flow
Fiscal Years of 2013 & 2014
Fiscal year of 2013
Net cash (used in)
provided by financing activities ($786 million)
Fiscal year of 2014
Net cash (used in) Provided by financing activities $44 million
Net increase (decrease) in cash & cash equivalent
Fiscal years of 2013 & 2014
2014- Net cash increase by $1,094 million
2013- Net cash increase by $1,116 million
Recommendation
Costco Corporation
By Analysis of three parts of the Statement of Cash Flow we can conclude that Costco Corporation is a healthy company for investments:
1. Net cash provided by operating activities has been increased, compared to the pervious year.
2. Net cash used for investing activities was mainly for the short-term investment for the last two years.
References
Costco Wholesale Corporation Financial Statement Analysis Report
Maryam Tayeri
University of Maryland University College
Introduction
The purpose of this project is to provide financial insights of Costco Wholesale Corporation based on its SEC 10-K report, by analyzing Company’s Financial Statement for the fiscal year of 2014. The main focus of this analysis is to obtain various ratios by evaluating the three broad categories of the Statement of Cash Flow which provides information about Company’s operating activities, investing activities, and financing activities. Costco Corporation provides goods to its customers with reasonable prices. Costco’s largest competition is Sam’s Club which is owned by Wal-Mart Corporation. In this report, Costco and Wal-Mart’s Statements of Cas ...
The document provides an overview of analyzing Hyatt Hotel Corporation's annual report. It includes general information about the company such as its name, headquarters, fiscal year end, primary products/services, and stock price trends over the last two years. Common-size analysis of the income statement shows product costs as a percentage of revenue increased slightly from the previous year, while operating expenses and interest expenses decreased as percentages of revenue.
The document provides solutions to exercises for an accounting study guide. It includes solutions for exercises on defining accounting and its main functions, the difference between financial and management accounting, key financial statements (balance sheet, income statement, statement of cash flows), basic accounting principles, preparing balance sheets and income statements, double-entry accounting, recording transactions, and summarizing changes in financial position through journals and ledgers. Sample transactions are provided and journal entries are made to record the transactions.
STR 581 Capstone Final Examination Part 2 - Studentehelpstudent ehelp
Learn more at lower prices, Course STR 581 Capstone Final Examination, Part Two with entire test paper are offered. You can also choose according to your syllabus of STR 581 Capstone Final Examination.
The document discusses earnings response coefficients (ERCs) and how they are used to measure market reactions surrounding earnings announcement dates. ERCs measure stock price reactions (returns) in the periods before and after the announcement date (event periods). Returns are divided into actual, market, and abnormal returns. Abnormal returns are further broken down into cumulative abnormal returns (CARs) and average abnormal returns (AARs). The document also discusses how a company's capital structure, as measured by debt-to-equity ratios, can impact the informativeness of earnings, with higher debt ratios suggesting earnings are more informative to debtholders than shareholders.
The document discusses cash flows for a company over three years (1991, 1990, 1989). In 1990, major sources of cash were from investing activities. In 1989, major sources of cash were from financing activities. In 1991, major sources of cash came from operating activities followed by investing activities. Major uses of cash in 1991 were less than operating activities. In 1990 and 1989, major uses of cash were financing activities. Cash flow from operations was greater than net income in all three years. Current assets were primarily sources of cash in 1991 and 1990, while current assets were uses of cash in 1989. Current liabilities were uses of cash in 1991.
21
Analyzing Financial
Statements
Chapter Twenty-One
After completing this chapter, you should be able to:
1 Explain the objectives of financial statement analysis.
2 Describe and use the following four analytical techniques: horizontal analysis, trend
analysis, vertical analysis, and ratio analysis.
3 Explain the importance of comparisons and trends in financial statement analysis.
4 Prepare and interpret common-size financial statements.
5 Define and compute the various financial ratios discussed in the chapter.
Chicago, IL—Contemporary
Interiors, a Chicago tradition in
Scandinavian furniture and
contemporary design, has
announced a decision to go
national. Although Contempo-
rary Interiors has opened
stores throughout the Midwest
in recent years, the company
has remained a regional busi-
ness with the bulk of its sales
in the greater Chicago area.
Yesterday, however, a company
spokesman announced that
Contemporary Interiors’ Board
of Directors had decided the
time was right to make the
next move. Marc Janson,
spokesman for the firm’s pres-
ident and CEO, pointed to the
strong economy and consumer
confidence as being key to the
decision. “Disposable income
is up, and we’re seeing that in
our business,” said Janson.
“Even more important, though,
is our company’s strong finan-
cial position. The analysts tell
us that our financial state-
ments look good. Our working
capital, inventory turnover,
return on assets, and so forth
are all strong. This will be
important, because in order to
expand, the company’s going
to have to raise capital. And
the bankers and potential
investors are going to need to
see those strong financial indi-
cators. The board hasn’t
decided yet how much of our
new capital needs should be
debt and how much should be
in stock. I’m sure they’ll keep a
close eye on the debt-equity
ratio.” When asked where
Contemporary Interiors’ next
store would appear, Janson
replied that New York, Atlanta,
and San Francisco were all
under consideration.
CONTEMPORARY INTERIORS TO GO NATIONAL
Financial statements provide the primary means for managers to communicate about
the financial condition of their organization to outside parties. Managers, investors,
lenders, financial analysts, and government agencies are among the users of financial
statements. Substantial information is conveyed by financial statements about the
financial strength and current performance of an enterprise. Although financial state-
ments are prepared primarily for users outside an organization, managers also find their
organization’s financial statements useful in making decisions. As managers develop
operating plans, they think about how those plans will affect the performance of the
organization, as conveyed by the financial statements. In this chapter, we explore how
to analyze financial statements to glean the most information about an organization.
Overview of Financial Statements
There are four primary financial statements:
1. Balance sheet
2..
Financial statement fraud involves intentionally misrepresenting financial information to mislead investors or regulators. This summary will discuss financial statement fraud and corporate financial fraud:
1. Financial statement fraud involves intentionally misrepresenting financial information in financial statements or reports filed with regulators. This is done to mislead investors or regulators about the true financial condition or performance of a company.
2. Common types of financial statement fraud include overstating revenues, understating expenses, misrepresenting assets and liabilities, and improper related party transactions.
3. Perpetrators of financial statement fraud can face severe criminal and civil penalties including prison time. Companies that commit financial statement fraud can face class action lawsuits, fines, and loss
Understanding Basics of Financial StatementsAnkita6745
Understanding the basic concepts and term used in the Financial Statements.Understanding the ratios used for analyzing the Financial Statements.Discussing factors that drive corporate valuations.
The document appears to be a multiple choice exam covering various topics in finance and accounting, including financial statements, cost behavior, capital structure, valuation, budgeting, and analysis. It contains 40 multiple choice questions testing understanding of concepts such as the balance sheet, fixed and variable costs, net present value, cash flow analysis, and accounting principles.
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http://www.transwebetutors.com/University-of-phoenix/STR-581-Week-4-Capstone-Final-Examination-Part-Two.html
The document provides an overview of Leaf Group, a portfolio of digital media and marketplace assets. It discusses Leaf Group's mission to build platforms for creators to reach audiences in lifestyle categories. Key assets include the Society6 and Saatchi Art marketplaces, as well as media properties like Livestrong.com and eHow. Metrics provided show strong growth in marketplace GTV and traffic across the portfolio.
ACC644 Financial Statement Analysis
Comprehensive Project
OBJECTIVE
Financial Statement Analysis project involves a team of students analyzing financial statements of two (2) companies from the same industry and prepare a written analysis as well as recommendations.
ADDITIONAL RESOURCES
In addition to these guidelines, additional information is provided on the company’s Web site, library databases and the textbook including: formulas and guidelines for calculations, information about the two (2) companies being analyzed, and any special considerations related to the specific companies or current economic conditions.
DESCRIPTION
The team will be analyzing each company’s annual report (10-K filing), which serves as a “résumé” of a corporation. The Generally Accepted Accounting Principles (GAAP) and the Securities and Exchange Commission (SEC) provide much of the information in corporate annual reports and in the 10-K. Specifically, GAAP requires annual reports to disclose four financial statements: a Balance Sheet, a Statement of Cash Flows, an Income Statement and a Statement of Retained Earnings.
FINANCIAL STATEMENT ANALYSIS PROJECT
Spring 2015
FORMAT FOR PROJECT:
TITLE PAGE
The first page of the project is the title page, which lists the following:
• FINANCIAL STATEMENT ANALYSIS PROJECT
• Analysts’ (Participants’) Names
• Date
The body of the project must consist of the following six (6) sections - clearly marked.
SECTION 1: EXECUTIVE SUMMARY
In this section provide a brief overview of each of the two corporations. Participants are not limited but, at a minimum, should provide the following information for both companies:
• Official name of the corporation
• Location of the corporate headquarters
• The state in which the company is incorporated
• Company Internet address
• Stock symbol of the corporation and the exchange on which it is traded
• Fiscal year-end of the corporation
• Date of the 10-K filing according to the financial statements provided
• The company’s independent accountant/auditor
• The primary products(s) and/or services (s) of the corporation
SECTION 2: BALANCE SHEET ANALYSIS
1. Using elements listed on your company’s balance sheet, prepare a common size balance sheet using the following format. (Vertical Analysis Chapter 5)
COMPANY #1
Account
Current Year
%
Prior Year
‘ %
COMPANY #2
Account
Current Year
%
Prior Year
‘ %
2. Using elements listed on your company’s balance sheet calculate the increase or decrease in dollars and percent between the years using the following format. (Year to Year Change Analysis Chapter 5)
COMPANY #1
Account
Current Year
Prior Year
+/- $
%
COMPANY #2
Account
Current Year
Prior Year
+/- $
%
3. Using elements listed on your company’s balance sheet calculate the ratios and amounts using two years prior as the base year (100%) using the following format. Your answers should all be in percentages (Horizontal Analysis Chapter 5).
.
A presentation about the Cash Flow Statement ,whole chapter is covered in the slides .one can easily understand the concept of cash flow statement
and a video is also there but link went missing so please search it on youtube by the name of "cash flow statement in 3-min" a beautiful video to understand the basic concept of cash flow statement.In the end a numerical has solved for the better understanding ,which let u fetch marks in your examinations.
The document provides an overview of financial statements and accounting. It discusses the key players in a business, the accounting system and financial statements. The four basic financial statements are the balance sheet, income statement, statement of retained earnings, and statement of cash flows. It also discusses accounting principles, auditing, business entities, careers in accounting and related topics.
The document provides an overview of financial statements and accounting. It discusses the key players in a business, the accounting system and financial statements. The four basic financial statements are the balance sheet, income statement, statement of retained earnings, and statement of cash flows. It also discusses accounting principles, auditing, business entities, careers in accounting and related topics.
This document provides an introduction to managerial finance. It defines finance as the science and art of managing money at both the personal and business level. It outlines the three main legal forms of business organization: sole proprietorships, partnerships, and corporations. It then discusses the goals of corporations in maximizing shareholder wealth through increasing earnings per share. Finally, it introduces some key financial tools used in managerial finance, including the three main financial statements (balance sheet, income statement, statement of cash flows), financial ratios, and the financial planning process of developing short-term plans from sales forecasts.
Mini Case112018Chapter 2 Mini CaseSituationJenny Cochran, a grad.docxpauline234567
Mini Case11/20/18Chapter 2 Mini CaseSituationJenny Cochran, a graduate of The University of Tennessee with 4 years of experience as an equities analyst, was recently brought in as assistant to the chairman of the board of Computron Industries, a manufacturer of computer components.
During the previous year, Computron had doubled its plant capacity, opened new sales offices outside its home territory, and launched an expensive advertising campaign. Cochran was assigned to evaluate the impact of the changes. She began by gathering financial statements and other data.Computron's Balance Sheets (Millions of Dollars)20182019AssetsCash and equivalents$ 60$ 50Short-term investments10010Accounts receivable400520Inventories620820Total current assets$ 1,180$ 1,400Gross fixed assets$ 3,900$ 4,820Less: Accumulated depreciation1,0001,320Net fixed assets$ 2,900$ 3,500Total assets$ 4,080$ 4,900Liabilities and equityAccounts payable$ 300$ 400Notes payable50250Accruals200240Total current liabilities$ 550$ 890Long-term bonds8001,100Total liabilities$ 1,350$ 1,990Common stock1,0001,000Retained earnings1,7301,910Total equity$ 2,730$ 2,910Total liabilities and equity$ 4,080$ 4,900Computron's Income Statement (Millions of Dollars)20182019Net sales$ 5,500$ 6,000Cost of goods sold (Excluding depr. & amort.)4,3004,800Depreciation and amortizationa290320Other operating expenses350420Total operating costs$ 4,940$ 5,540Earnings before interest and taxes (EBIT)$ 560$ 460Less interest 68108Pre-tax earnings$ 492$ 352Taxes (25%)12388Net Income $ 369$ 264Notes:a Computron has no amortization charges.Other Data20182019Stock price$50.00$30.00Shares outstanding (millions)100100Common dividends (millions)$90$84Tax rate25%25%Weighted average cost of capital (WACC)10.00%10.00%Computron's Statement of Cash Flows (Millions of Dollars)
Bart Kreps: The statement of cash flows provides information about cash inflows and outflows during an accounting period.
2019Operating Activities Net Income before preferred dividends$ 264Noncash adjustments Depreciation and amortization320Due to changes in working capital Change in accounts receivable(120) Change in inventories(200) Change in accounts payable100 Change in accruals40Net cash provided by operating activities$ 404Investing activities Cash used to acquire fixed assets$ (920)
Bart Kreps: Make sure to add back annual Depreciation to Net PP&E.
Bart Kreps: The statement of cash flows provides information about cash inflows and outflows during an accounting period.
Change in short-term investments90Net cash provided by investing activities$ (830)Financing Activities Change in notes payable$ 200 Change in long-term debt300 Payment of cash dividends(84)Net cash provided by financing activities$ 416Net change in cash.
This document provides information and links to purchase homework help and access solutions for finance courses online. It advertises immediate access to solutions for entire courses, exams, and homework assignments without needing to register. It provides examples of finance questions and links to click in order to view the full questions and potential answers. The questions cover topics like corporate governance, cash budgets, inventory lists, audit programs, leases, and investment accumulation. Users can purchase question answers individually for prices ranging from $3 to $11 per question.
This document provides information and links to purchase homework help and access solutions for finance courses online. It advertises immediate access to answers for entire courses, exams, and assignments without needing to register. It provides examples of finance questions and links to click in order to view the full questions and potential answers. The questions cover topics like corporate governance, cash budgets, inventory lists, auditing procedures, leases, present value calculations, and more. Users can purchase question answers individually for prices ranging from $3 to $11 per question.
This document provides links to purchase homework help and exam solutions for finance courses. It advertises immediate access to complete solutions for entire courses, exams, and homework assignments without needing to register. It provides sample questions and partial solutions for corporate finance, accounting, cash budgeting, auditing, and other finance topics. Students can click the links to view and purchase full solutions to the practice problems.
This document provides information and links to purchase homework help and access solutions for finance courses online. It advertises immediate access to complete course solutions, exams, and homework without needing to register. It provides examples of finance questions and links to click to view the full questions and solutions. The questions cover topics like corporate governance, cash budgets, inventory lists, auditing procedures, leases, and investment accumulation. Users can purchase question solutions individually ranging in price from $3 to $11 per question.
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Mark...Mercer Capital
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Marks and Trends Newsletter provides a brief digest and commentary of some of the most relevant market trends influencing the fair value regarding private equity portfolio investments.
This document provides information about online finance homework help and solutions to finance questions and exams. It includes links to purchase solutions to entire courses, exams, and homework assignments for prices ranging from $3-$11 per question. The questions cover topics like corporate bond analysis, cash budgets, inventory lists, accounting principles, and insurance. Clicking the provided links would allow users to access full solutions and explanations to the questions and exams.
This document provides information about online finance homework help and solutions to finance questions and exams. It includes links to purchase solutions to entire courses, exams, and homework assignments for prices ranging from $3-$11 per question. The questions cover topics like corporate bond analysis, cash budgets, inventory lists, accounting audits, and capital budgeting. Clicking the links provided would allow users to access the full solutions to finance problems and exams.
After reading chapter 4, evaluate the history of the Data Encryp.docxkatherncarlyle
DES was once the standard for encryption but has since been replaced due to advances in computing power allowing for brute force attacks to break the encryption. The history of DES and its replacement demonstrates how cryptography must continually evolve to stay ahead of increasing computational abilities by enhancing encryption algorithms and key lengths.
After reading Chapter 2 and the Required Resources please discuss th.docxkatherncarlyle
After reading Chapter 2 and the Required Resources please discuss the following:
Place yourself in the US Government in the 1960s when the Internet concept was being developed.
Provide at least two ideas that would serve as controls on the general public when using the internet.
Base these rules on what you have seen people do with the Internet today.
Make sure that you properly support your post and cite the e-text or valid sources.
.
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Financial statement fraud involves intentionally misrepresenting financial information to mislead investors or regulators. This summary will discuss financial statement fraud and corporate financial fraud:
1. Financial statement fraud involves intentionally misrepresenting financial information in financial statements or reports filed with regulators. This is done to mislead investors or regulators about the true financial condition or performance of a company.
2. Common types of financial statement fraud include overstating revenues, understating expenses, misrepresenting assets and liabilities, and improper related party transactions.
3. Perpetrators of financial statement fraud can face severe criminal and civil penalties including prison time. Companies that commit financial statement fraud can face class action lawsuits, fines, and loss
Understanding Basics of Financial StatementsAnkita6745
Understanding the basic concepts and term used in the Financial Statements.Understanding the ratios used for analyzing the Financial Statements.Discussing factors that drive corporate valuations.
The document appears to be a multiple choice exam covering various topics in finance and accounting, including financial statements, cost behavior, capital structure, valuation, budgeting, and analysis. It contains 40 multiple choice questions testing understanding of concepts such as the balance sheet, fixed and variable costs, net present value, cash flow analysis, and accounting principles.
STR 581 Capstone Final Examination, Part 2 - STR 581 Capstone Final Examinati...Transweb E Tutors
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The document provides an overview of Leaf Group, a portfolio of digital media and marketplace assets. It discusses Leaf Group's mission to build platforms for creators to reach audiences in lifestyle categories. Key assets include the Society6 and Saatchi Art marketplaces, as well as media properties like Livestrong.com and eHow. Metrics provided show strong growth in marketplace GTV and traffic across the portfolio.
ACC644 Financial Statement Analysis
Comprehensive Project
OBJECTIVE
Financial Statement Analysis project involves a team of students analyzing financial statements of two (2) companies from the same industry and prepare a written analysis as well as recommendations.
ADDITIONAL RESOURCES
In addition to these guidelines, additional information is provided on the company’s Web site, library databases and the textbook including: formulas and guidelines for calculations, information about the two (2) companies being analyzed, and any special considerations related to the specific companies or current economic conditions.
DESCRIPTION
The team will be analyzing each company’s annual report (10-K filing), which serves as a “résumé” of a corporation. The Generally Accepted Accounting Principles (GAAP) and the Securities and Exchange Commission (SEC) provide much of the information in corporate annual reports and in the 10-K. Specifically, GAAP requires annual reports to disclose four financial statements: a Balance Sheet, a Statement of Cash Flows, an Income Statement and a Statement of Retained Earnings.
FINANCIAL STATEMENT ANALYSIS PROJECT
Spring 2015
FORMAT FOR PROJECT:
TITLE PAGE
The first page of the project is the title page, which lists the following:
• FINANCIAL STATEMENT ANALYSIS PROJECT
• Analysts’ (Participants’) Names
• Date
The body of the project must consist of the following six (6) sections - clearly marked.
SECTION 1: EXECUTIVE SUMMARY
In this section provide a brief overview of each of the two corporations. Participants are not limited but, at a minimum, should provide the following information for both companies:
• Official name of the corporation
• Location of the corporate headquarters
• The state in which the company is incorporated
• Company Internet address
• Stock symbol of the corporation and the exchange on which it is traded
• Fiscal year-end of the corporation
• Date of the 10-K filing according to the financial statements provided
• The company’s independent accountant/auditor
• The primary products(s) and/or services (s) of the corporation
SECTION 2: BALANCE SHEET ANALYSIS
1. Using elements listed on your company’s balance sheet, prepare a common size balance sheet using the following format. (Vertical Analysis Chapter 5)
COMPANY #1
Account
Current Year
%
Prior Year
‘ %
COMPANY #2
Account
Current Year
%
Prior Year
‘ %
2. Using elements listed on your company’s balance sheet calculate the increase or decrease in dollars and percent between the years using the following format. (Year to Year Change Analysis Chapter 5)
COMPANY #1
Account
Current Year
Prior Year
+/- $
%
COMPANY #2
Account
Current Year
Prior Year
+/- $
%
3. Using elements listed on your company’s balance sheet calculate the ratios and amounts using two years prior as the base year (100%) using the following format. Your answers should all be in percentages (Horizontal Analysis Chapter 5).
.
A presentation about the Cash Flow Statement ,whole chapter is covered in the slides .one can easily understand the concept of cash flow statement
and a video is also there but link went missing so please search it on youtube by the name of "cash flow statement in 3-min" a beautiful video to understand the basic concept of cash flow statement.In the end a numerical has solved for the better understanding ,which let u fetch marks in your examinations.
The document provides an overview of financial statements and accounting. It discusses the key players in a business, the accounting system and financial statements. The four basic financial statements are the balance sheet, income statement, statement of retained earnings, and statement of cash flows. It also discusses accounting principles, auditing, business entities, careers in accounting and related topics.
The document provides an overview of financial statements and accounting. It discusses the key players in a business, the accounting system and financial statements. The four basic financial statements are the balance sheet, income statement, statement of retained earnings, and statement of cash flows. It also discusses accounting principles, auditing, business entities, careers in accounting and related topics.
This document provides an introduction to managerial finance. It defines finance as the science and art of managing money at both the personal and business level. It outlines the three main legal forms of business organization: sole proprietorships, partnerships, and corporations. It then discusses the goals of corporations in maximizing shareholder wealth through increasing earnings per share. Finally, it introduces some key financial tools used in managerial finance, including the three main financial statements (balance sheet, income statement, statement of cash flows), financial ratios, and the financial planning process of developing short-term plans from sales forecasts.
Mini Case112018Chapter 2 Mini CaseSituationJenny Cochran, a grad.docxpauline234567
Mini Case11/20/18Chapter 2 Mini CaseSituationJenny Cochran, a graduate of The University of Tennessee with 4 years of experience as an equities analyst, was recently brought in as assistant to the chairman of the board of Computron Industries, a manufacturer of computer components.
During the previous year, Computron had doubled its plant capacity, opened new sales offices outside its home territory, and launched an expensive advertising campaign. Cochran was assigned to evaluate the impact of the changes. She began by gathering financial statements and other data.Computron's Balance Sheets (Millions of Dollars)20182019AssetsCash and equivalents$ 60$ 50Short-term investments10010Accounts receivable400520Inventories620820Total current assets$ 1,180$ 1,400Gross fixed assets$ 3,900$ 4,820Less: Accumulated depreciation1,0001,320Net fixed assets$ 2,900$ 3,500Total assets$ 4,080$ 4,900Liabilities and equityAccounts payable$ 300$ 400Notes payable50250Accruals200240Total current liabilities$ 550$ 890Long-term bonds8001,100Total liabilities$ 1,350$ 1,990Common stock1,0001,000Retained earnings1,7301,910Total equity$ 2,730$ 2,910Total liabilities and equity$ 4,080$ 4,900Computron's Income Statement (Millions of Dollars)20182019Net sales$ 5,500$ 6,000Cost of goods sold (Excluding depr. & amort.)4,3004,800Depreciation and amortizationa290320Other operating expenses350420Total operating costs$ 4,940$ 5,540Earnings before interest and taxes (EBIT)$ 560$ 460Less interest 68108Pre-tax earnings$ 492$ 352Taxes (25%)12388Net Income $ 369$ 264Notes:a Computron has no amortization charges.Other Data20182019Stock price$50.00$30.00Shares outstanding (millions)100100Common dividends (millions)$90$84Tax rate25%25%Weighted average cost of capital (WACC)10.00%10.00%Computron's Statement of Cash Flows (Millions of Dollars)
Bart Kreps: The statement of cash flows provides information about cash inflows and outflows during an accounting period.
2019Operating Activities Net Income before preferred dividends$ 264Noncash adjustments Depreciation and amortization320Due to changes in working capital Change in accounts receivable(120) Change in inventories(200) Change in accounts payable100 Change in accruals40Net cash provided by operating activities$ 404Investing activities Cash used to acquire fixed assets$ (920)
Bart Kreps: Make sure to add back annual Depreciation to Net PP&E.
Bart Kreps: The statement of cash flows provides information about cash inflows and outflows during an accounting period.
Change in short-term investments90Net cash provided by investing activities$ (830)Financing Activities Change in notes payable$ 200 Change in long-term debt300 Payment of cash dividends(84)Net cash provided by financing activities$ 416Net change in cash.
This document provides information and links to purchase homework help and access solutions for finance courses online. It advertises immediate access to solutions for entire courses, exams, and homework assignments without needing to register. It provides examples of finance questions and links to click in order to view the full questions and potential answers. The questions cover topics like corporate governance, cash budgets, inventory lists, audit programs, leases, and investment accumulation. Users can purchase question answers individually for prices ranging from $3 to $11 per question.
This document provides information and links to purchase homework help and access solutions for finance courses online. It advertises immediate access to answers for entire courses, exams, and assignments without needing to register. It provides examples of finance questions and links to click in order to view the full questions and potential answers. The questions cover topics like corporate governance, cash budgets, inventory lists, auditing procedures, leases, present value calculations, and more. Users can purchase question answers individually for prices ranging from $3 to $11 per question.
This document provides links to purchase homework help and exam solutions for finance courses. It advertises immediate access to complete solutions for entire courses, exams, and homework assignments without needing to register. It provides sample questions and partial solutions for corporate finance, accounting, cash budgeting, auditing, and other finance topics. Students can click the links to view and purchase full solutions to the practice problems.
This document provides information and links to purchase homework help and access solutions for finance courses online. It advertises immediate access to complete course solutions, exams, and homework without needing to register. It provides examples of finance questions and links to click to view the full questions and solutions. The questions cover topics like corporate governance, cash budgets, inventory lists, auditing procedures, leases, and investment accumulation. Users can purchase question solutions individually ranging in price from $3 to $11 per question.
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Mark...Mercer Capital
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Marks and Trends Newsletter provides a brief digest and commentary of some of the most relevant market trends influencing the fair value regarding private equity portfolio investments.
This document provides information about online finance homework help and solutions to finance questions and exams. It includes links to purchase solutions to entire courses, exams, and homework assignments for prices ranging from $3-$11 per question. The questions cover topics like corporate bond analysis, cash budgets, inventory lists, accounting principles, and insurance. Clicking the provided links would allow users to access full solutions and explanations to the questions and exams.
This document provides information about online finance homework help and solutions to finance questions and exams. It includes links to purchase solutions to entire courses, exams, and homework assignments for prices ranging from $3-$11 per question. The questions cover topics like corporate bond analysis, cash budgets, inventory lists, accounting audits, and capital budgeting. Clicking the links provided would allow users to access the full solutions to finance problems and exams.
Similar to ACCT 212Individual Learning Project QuestionsName____Examp.docx (20)
After reading chapter 4, evaluate the history of the Data Encryp.docxkatherncarlyle
DES was once the standard for encryption but has since been replaced due to advances in computing power allowing for brute force attacks to break the encryption. The history of DES and its replacement demonstrates how cryptography must continually evolve to stay ahead of increasing computational abilities by enhancing encryption algorithms and key lengths.
After reading Chapter 2 and the Required Resources please discuss th.docxkatherncarlyle
After reading Chapter 2 and the Required Resources please discuss the following:
Place yourself in the US Government in the 1960s when the Internet concept was being developed.
Provide at least two ideas that would serve as controls on the general public when using the internet.
Base these rules on what you have seen people do with the Internet today.
Make sure that you properly support your post and cite the e-text or valid sources.
.
After reading chapters 16 and 17 post a short reflection, approximat.docxkatherncarlyle
After reading chapters 16 and 17 post a short reflection, approximately one paragraph in length, discussing your thoughts and opinions about the use of : 1. Internet in Research or 2. Concerns of Ethics in Internet Research. 3. What do you understand about Interventions. APA format, 250 words
***
Chose to reflect on number, either 1, 2, or 3.
Reading Assignment
Chapter 16 – Internet, Secondary Analysis and Historical Research
Chapter 17 - Intervention
.
After reading chapter 3, analyze the history of Caesar Cypher an.docxkatherncarlyle
After reading chapter 3, analyze the history of Caesar Cypher and its impact on cryptography.
Your paper should be 2 pages not including the title and reference pages and written according to APA formatting. Must include in-text citations and textbook as a reference.
.
After having learned about Cognitive Psychology and Humaistic Psycho.docxkatherncarlyle
After having learned about Cognitive Psychology and Humaistic Psychology, including the important theorists, the main ideas, and the ways of conceptualizing and treating disorders, students are asked to create a PowerPoint presentation describing the development of each theory. Specifically, students will identify historical antecedents of preceding philosophies/intellectual traditions (1 slides per theory), identify and describe important figures and tenets of Cognitive Psychology and Humanistic Psychology (1 slide per theory), and discuss each theory's views on etiology of disorders, approach to diagnosis, and views on prognosis for diagnosed individuals (1 slide per theory). The project should also include at least one slide evaluating strengths and weaknesses of each theory, and a slide compare them with a Christian Worldview. Finally, the slides should include some sort of visual aid to help describe the information in the slide (e.g., picture, graphic, symbol).
Guidelines
:
The presentation should be no less than 8 slides long, excluding title page and references.
The presentation should include a support/citations from at least 4 sources outside of the textbook.
Pictures and illustrations should be included, where needed and should enhance the content rather than just decorating the slide.
The slides should indicate a good understanding of the development of each theory.
The project should be formatted according to APA guidelines, including, but not limited to, appropriate grammar, spelling, and citations (as necessary)
The project should include in-text citations for all factual information provided and include an APA reference page providing reference information for the cited materials.
.
Advisory from Professionals Preparing Information .docxkatherncarlyle
Advisory from Professionals
Preparing Information Systems (IS) Graduates to Meet the
Challenges of Global IT Security: Some Suggestions
Jeff Sauls
IT Operations Professional
Austin, TX, USA
Naveen Gudigantala
Operations and Technology Management
University of Portland
Portland, OR 97203, USA
[email protected]
ABSTRACT
Managing IT security and assurance is a top priority for organizations. Aware of the costs associated with a security or privacy
breach, organizations are constantly vigilant about protecting their data and IT systems. In addition, organizations are
investing heavily in IT resources to keep up with the challenges of managing their IT security and assurance. Therefore, the IT
industry relies greatly on the U.S. higher education system to produce a qualified and competent workforce to manage security
challenges. This advisory discusses some security challenges faced by global companies and provides input into the design
and delivery of IS curriculum to effectively meet such challenges.
Keywords: Information assurance and security, Curriculum design and development, Computer security
1. INTRODUCTION
Information security and assurance management is vital for
the success of organizations. It is particularly relevant for
global companies whose customers demand a high level of
security for their products. Meeting such high expectations
requires companies to study security best practices,
continually invest in technical and human resources, and
implement a secure corporate environment. The goal of this
paper is to discuss some security challenges faced by global
organizations and to provide suggestions to IS academics
concerning security curriculum to effectively educate the
next generation IT workforce to meet these challenges.
2. SECURITY CHALLENGES FACED BY GLOBAL
COMPANIES
This advisory focuses on security challenges faced by global
companies. For instance, security challenges faced by a
multinational company operating manufacturing plants in
several countries are likely to be much different than those of
a company with a manufacturing plant in a single location.
The goal of this section is to present some security
challenges faced by global companies.
What many companies do in terms of security is driven
by the needs of their customers. For instance, consider the
case of a global manufacturing company that makes
hardware for a smart card. Smart cards include embedded
integrated circuits and customers generally provide the
manufacturer with a detailed list of functional and assurance
requirements for security. The manufacturer of the hardware
is expected to comply with the specifications of the
customer. If the company decides to manufacture in two
plants in Europe and the U.S., it becomes important for the
manufacturer to have uniform security standards in both
plants. These security standards may include many aspects
.
After completing the assigned readings and watching the provided.docxkatherncarlyle
After completing the assigned readings and watching the provided video links, review the following classic psychological experiments:
Johnson's Monster Study
Loftus, E.F. (1999). Lost in the Mail: Misrepresentations and Misunderstandings. Ethics & Behavior, 9(1), 51.
Milgram's Obedience Experiment
Watson's Little Albert Experiment
Zimbardo's Stanford Prisoner Experiment
After you have become familiar with these five classic studies, select one. Using headers to organize your paper, answer the following questions:
Scientific Merit / Knowledge Gained.
What are the benefits of this study (to society, research, or subjects)?
What are the practical implications (i.e., real-world applications of the findings)?
What are likely consequences to society if this study had not been conducted?
What were the potential psychological costs of this study?
Were the research participants in the study at risk for psychological injury?
Could this type of research have been conducted without the use of deception?
Do you feel the use of deception was justified given the potential cost to participants?
If you were a member of a human subjects’ Institutional Review Board, would you approve the research described in the article?
Do you feel that the contributions of this study outweigh the costs?
Would you have minded if you discovered you participated in that study?
Would you want to (or be willing to) participate as a research assistant for this study?
Risk of Psychological Injury.
Deception.
Decision.
Participation.
Research experience.
Be sure to incorporate information from the Fisher text as well as include information from at least two academic journals discussing the ethics of the experiment.
Length: 3-5 pages
.
Advocacy is a vital component of the early childhood professiona.docxkatherncarlyle
Advocacy is a vital component of the early childhood professional’s role. Advocacy can occur on a daily basis through supportive interactions with children and their families and connecting families to needed resources. At a broader and more public level, advocacy can occur when a specific message is developed and disseminated with the goal of positively impacting the lives of children, families, early childhood professionals, and the field as a whole.
You will create a 16-slide powerpoint:
·
“The role of play in social-emotional development” (Topic of choice)
· 15 slides of information including in-text citations.
· Your slideshow should be 16-18 slides in length with audio narration clearly presenting your advocacy message with a research-based foundation on the topic of your choice.
.
After completing this weeks assignment... Share with your classma.docxkatherncarlyle
After completing this week's assignment... Share with your classmates which tool you chose and Considering the text and briefly discuss the specific tool of your choice.
1) What is the function of the tool and briefly describe how it is setup and used?
2) What information would the tool yield in an investigation?
.
African Americans men are at a greater risk for developing prostate .docxkatherncarlyle
African Americans men are at a greater risk for developing prostate cancer than the white men. In every six individuals from this ethnic group, there is one who is at risk of developing prostate cancer in their lifetime. African Americans are 1.8 times more exposed to the risk of developing the disease and 2.2 times more likely succumb from this disease as compared to white men. The increase in the higher risk of prostate cancer among Africa Americans is linked to socioeconomic status. There is a lower socioeconomic status of African Americans and this exposing to high cases of prostate cancer as a result of poor medical check-up and poor healthcare outcomes (Owens et al., 2014).
There are also racial biases and this is harming African Americans in terms of preventive care since they have lower chances of being provided with the PSA test. Recent studies reveal that men from this ethnic group are unlikely to have early diagnosis for the prostate cancer. They are also not likely to be treated in time for the disease like the white men. There are several treatment options and learning sources about the options for prostate cancer. Therefore, the evidence-based, primary care health promotion recommendation to deal with prostate cancer among African Americans involves the prevention programs that are tailored to African Americans to help in the reduction of health disparities (Jackson, Owens, Friedman, & Dubose-Morris, 2015).
There is a need to incorporate culturally suitable and targeted messages and the images, the performance of faith-based initiatives, and the delivery of the educational programs in non-traditional venues for example the common place where people gather. It is also important to include key partners and the stakeholder in the planning, implementation, and assessment of the health and the cancer educational programs to help in the improvement of the health of the community and supporting community engagement. The development of the IDM education program for African American families through working with the community and the clinical partners is helping in the reduction of prostate cancer diseases (Jackson et al., 2015).
References
Jackson, D. D., Owens, O. L., Friedman, D. B., & Dubose-Morris, R. (2015). Innovative and Community-Guided Evaluation and Dissemination of a Prostate Cancer Education Program for African-American Men and Women.
Journal of Cancer Education, 30
(4), 779-785.
Owens, O. L., Friedman, D. B., Hebert JR, & Jackson, D. D. (2014). An intergenerational approach to prostate cancer education: Findings from a pilot project in the Southeastern USA.
J of Cancer Educ., 29
(4), 649-656.
.
Advances over the last few decades have brought innovative and c.docxkatherncarlyle
Advances over the last few decades have brought innovative and creative technological tools to the forefront of learning. Teachers must be aware of these tools to prepare students for professional and educational opportunities in the 21st century. Today’s students are digital natives, and they often respond better to media than to traditional methods of teaching. Having a strong technology repertoire is important for today’s educator.
Create a matrix detailing five multimedia, technology, games, apps, and other technological tools for teaching reading and writing to struggling readers/writers.
In 100-200 words per tool, address the following:
· App/technology tool description, tool location (i.e., online, offline through software, through a game console, etc.), and the cost
· Age level or academic level for which this technology is appropriate
· The purpose and application of the technology to ELA content area (vocabulary, reading, grammar, writing, etc.)
· Advantages and drawbacks of using this technology for ELA instruction
· How technology can be used to engage struggling students and increase literacy skill development.
Support your findings with 3-5 resources.
.
Advocacy is a vital component of the early childhood professional’s .docxkatherncarlyle
Advocacy is a vital component of the early childhood professional’s role. Advocacy can occur on a daily basis through supportive interactions with children and their families and connecting families to needed resources. At a broader and more public level, advocacy can occur when a specific message is developed and disseminated with the goal of positively impacting the lives of children, families, early childhood professionals, and the field as a whole
.
Advanced pathoRespond to Stacy and Sonia 1 day agoStacy A.docxkatherncarlyle
A 16-year-old boy presented to the clinic with symptoms of strep throat including a sore throat for 3 days. On examination, he exhibited signs of strep throat including tonsil swelling and exudate. A rapid strep test was positive, confirming strep throat. He was prescribed penicillin but had an anaphylactic reaction. This type of severe allergic reaction is caused by IgE antibodies produced in response to environmental allergens like penicillin, which is a fungus. While he had no known drug allergies, he likely had a previous sensitization to penicillin that caused the anaphylactic reaction upon administration.
After completing the reading this week, we reflect on a few ke.docxkatherncarlyle
After completing the reading this week, we reflect on a few key concepts this week:
Discuss Howell and Mendez’s three perspectives on followership. Note how these behaviors influence work productivity.
Please be sure to answer all the questions above in the initial post.Please ensure the initial post and two response posts are substantive. Substantive posts will do at least TWO of the following:
Ask an interesting, thoughtful question pertaining to the topic
Expand on the topic, by adding additional thoughtful information
Answer a question posted by another student in detail
Share an applicable personal experience
Provide an outside source
Make an argument
At least one scholarly (peer-reviewed) resource should be used in the initial discussion thread. Please ensure to use information from your readings and other sources from the UC Library. Use APA references and in-text citations.Please be sure to engage by Wednesday at 11:59pm ET and then engage on two more days throughout the week (for a total of three days of engagement, before Sunday at 11:59pm, ET.
.
Addisons diseaseYou may use the textbook as one reference a.docxkatherncarlyle
- Addison's disease is a disorder that was chosen to research. The key aspects that must be discussed include the pathophysiology, most common presenting symptoms, how it is diagnosed, and a standard treatment plan. National screening and treatment guidelines should also be referenced if available.
- Additional scholarly sources beyond the course materials should be used. When researching, look for unique information that may surprise the reader rather than just common facts.
- The discussion post will be evaluated based on criteria such as the quality of the initial post and peer responses, use of scholarly sources, organization, grammar and APA style.
AdultGeriatric DepressionIntroduction According to Mace.docxkatherncarlyle
Adult/Geriatric Depression
Introduction
According to Mace et al. (2017), geriatric depression disorder is a health condition that affects adult people with the main symptoms see for a patient with the condition being the frequent change in moods and the sadness. The condition is as well common among younger people although this is not a common health issue. As a result of the impact of the condition, there is a need for getting an understanding of the condition and the best medical process that is to be followed. With the treatment of the patients there is a need for understanding the fact that if one medication does not succeed, there is a need for implementation of a new medication or change of the prescription for the patient. This paper focuses on the options chosen for managing the conditions for a patient.
Symptoms of adult/geriatric depression disorder
A patient with geriatric depression disorder will be seen to have issues of mood swings as the main symptoms of the condition. The other symptoms that will be evident will include issues of the feeling of despair and sad and the patient will have issues of pain and aches in all parts of the body. Laird et al. (2019) allude that a patient with the health condition will have risks of loss of appetite and lack of hope or lacking any willingness to get help. There are risks of the patient as well as lacking any morale in improving their condition.
Causes
Vlasova et al. (2019) allude that one of the main risk factors that increased the chance of a patient getting geriatric depression is old age. As such, a patient who is old will be at high risk of being affected by the health condition. The other risk factor is that women are at higher risk of suffering from the health issue as compared to their male counterparts. The people who have a low-level education as well as those that have physical illnesses and influencing the standard of thinking of the person.
Thus, there is a need for healthcare providers to help in the education of the patients who are at risk of suffering from the health condition. The patients who are found to be making use of various drugs and that have psychological stressors are at high risk of being affected by the health concern. The patients as well may lead to affecting the patients who have white matter changes.
Patient case
This is a case of 32-year-old patients of Hispanic origin and who came to the US for his education. The patient has his mother passing on while he was in school and ended up being admitted to the healthcare facility as a result of depression issues. On having an assessment, it is found that the patient does not suffer from any other health issue and the patient has presented that he has had pain and stiff parts of the body.
There are various signs and symptoms expressed by the patient with the main issue faced by the patient being undermined as a result of the color of his skin. There is evidence of the patient having little socializa.
Adopt-a-Plant Project guidelinesOverviewThe purpose of this.docxkatherncarlyle
Adopt-a-Plant Project guidelines
Overview:
The purpose of this project is for you to choose a plant, conduct online research into the biology of the plant, and communicate what you have learned. You will be preparing an annotated bibliography on the plant you choose. The entire project is worth 50 points
Annotated Bibliography (50 points)
You will prepare an annotated bibliography with a list of the top 10 most interesting facts about your plant.
· Each fact should be paraphrased (i.e. written in your own words, no quotations allowed).
· Then tell me why this is interesting to you – make connections to your life or to currents issues in our world.
· Finally, give a full citation and tell me why you think this is a reliable, trustworthy source. Use this libguide to help you come up with reasons why your source is trustworthy.
· At least one of your sources should be from a peer-reviewed, science journal article.
Here is an example:
Fact 1: Taxol is a chemotherapy agent derived from the bark of the Pacific Yew Tree. The chemical itself is derived from a fungal endophtye within the bark. I thought this was very interesting, because the Pacific Yew tree is native to the state of Washington, and my aunt Jane received Taxol while undergoing chemotherapy for ovarian cancer. I also thought it was interesting because of the mutualistic relationship between the plant and the fungus.Citation: Plant natural products from cultured multipotent cells
Roberts, Susan; Kolewe, Martin. Nature Biotechnology28.11 (Nov 2010): 1175-6.
This is a reliable source because it is published in a peer-reviewed science journal article, written by two PhDs that are providing a review of the current literature on the topic
To complete the assignment, you should first choose a plant, gather articles discussing your plant, read the articles sufficiently enough to discuss the plant, and finally write the annotated bibliography. You are expected to produce original work, and any plagiarism will receive a zero. The paper should be double-spaced, and typed in 12 point font size, with normal margins. The instructions for how to properly cite your sources are at the end of this handout.
*** Reminder: The scientific name of a plant should always be typed in italics, with the first letter of the Genus capitalized. For ex.: Digitalis lanata. When you search for information on your plant online, make sure to use the scientific name, which will bring back a wider variety of results
The bibliography is worth 50 points and will be graded on:
1. Effort
• Quality of references
•Depth/breadth/quality of material covered
2. Following directions/ requirements
I will use the following rubric to grade your bibliography:
Research, Critical Reading and Documentation
Balanced, authoritative sources; correctly cited sources; effectively integrated outside sources. Most sources from science journals
10 pts
Effective sources, correctly cited, Could have a few more.
Adolescent development is broad and wide-ranging, including phys.docxkatherncarlyle
Adolescent development is broad and wide-ranging, including physical, socioemotional, and cognitive growth. It is important to have an understanding of cognitive and social development in order to meet the diverse needs of adolescent students.
For this benchmark assignment, consider information learned regarding physical development and integrate it with your understanding of the social/emotional and cognitive changes occurring during adolescence.
Write a 750-1,000 word essay addressing the following concerns:
In what ways do cognitive and social development affect learning? How do individuality, identity development, and personal behavior affect learning differences and development?
How can diverse strengths, interests, and needs of adolescents be accounted for when designing developmentally appropriate instruction that advances learning?
What is the significance of providing an environment that brings multiple perspectives into the discussion of content? What considerations should be made for the cultural norms and the personal, family, and community experiences of students?
Why are school, community, and family supports critical to student learning and the overall well-being of adolescents? How can ongoing support from these stakeholders be assured?
How can technology reinforce learning experiences? How can a teacher ensure appropriate use of digital tools in the classroom? In what ways might digital tools support student success and creativity in a collaborative, student-focused classroom environment?
Support your essay with a minimum of three scholarly resources.
Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
Benchmark Information:
MA in Secondary Education
This benchmark assignment assesses the following programmatic competencies [and professional standards]:
1.1: Create developmentally appropriate instruction that takes into account individual students’ strengths, interests, and needs and that enables each student to advance and accelerate his or her learning. [InTASC 1(a), 1(b), 1(d), 1(e), 1(h), 1(i), 1(j); ISTE-T 2b; MC3]
1.3: Bring multiple perspectives to the discussion of content, including attention to students’ personal, family, and community experiences and cultural norms. [InTASC 2(d), 2(j), 2(n), 4(m), 5(p), 10(m); MC1, MC3, MC5]
4.3: Working collaboratively with school colleagues, teacher candidates build ongoing connections with community resources to enhance student learning and well-being. [InTASC 9(d), 10(e), 10(l), 10(r); MC1, MC4]
.
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Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
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Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
1. ACCT 212
Individual Learning Project Questions
Name____Example____________
General Information:
1. What is the name of your corporation? Kraft Foods Group
2. Where are the corporate headquarters? Northfield, IL
3. What is the corporation’s fiscal year end? 12/27/2014
4. What are the primary products or services of the corporation?
“We manufacture and market food and beverage products,
including cheese, meats, refreshment beverages, coffee,
packaged dinners, refrigerated meals, snack nuts, dressings, and
other grocery products.” [10-K, page 1]
5. Graph the high and low price of the company’s stock for each
quarter of the last two years. What was the high and what was
the low?
The high was $91.32; the low was $55.93
[https://finance.google.com/finance/historical?cid=66781995049
2168&startdate=Jul%201%2C%202013&enddate=Jun%2030%2
C%202015&ei=LFsPWuCyONPEmAGh2YDgDw&start=0&num
=30. For existing companies, Yahoo Finance is a better option
though, because you can group the historical prices by month
rather than by day, meaning you only have to look at 3 lines to
determine the overall high/low instead of 65 lines]
6. Who is the company’s transfer agent and where are they
located? Wells Fargo Bank, N.A. [Definitive Proxy Statement,
page 70; some companies will include this in the 10-K, or there
are websites where you can look it up as well – www.stai.org is
a good one]
7. Who are your company’s competitors? Large national and
2. international companies and numerous local and regional
companies, generic products and retailer brands, wholesalers,
and cooperatives [10-K, page 4]
Market Information:
8. On which stock exchange is your corporation’s stock traded?
NASDAQ [10-K, page 1]
9. What is the current market price of their stock? $88.19 [This
is the final stock price before the merger with Heinz – found on
Kraft’s website, although for current companies, it will be
available on almost any financial website]
10. What is the ticker symbol used to identify your corporation
on the stock exchange? KRFT
Internet Information:
11. What is the Internet address of your corporation? Be sure it
appears as a hyperlink. www.kraftheinzcompany.com[This is
the current web address, it would have been different before the
merger]
12. Is the corporation’s Annual Report online? Yes [It is
available in many places – the company’s website,
www.morningstar.com, www.businessweek.com, etc.]
13. Are its financial statements on-line? Yes
14. Is your company listed on Annualreports.com? No [Not
anymore, at least – it probably was before the merger]
15. How long is your company’s 10-K report at the Securities
and Exchange Commission website (Edgar Database)? 171
pages
Cash Flow and Retained Earnings:
16. List the amount of cash flows from each of the 3 activities:
Operating, Investing, and Financing for the 2 most recent years.
What was the increase or decrease in cash for each of these
years?
Category
2014
3. 2013
Operating
2,020 million
2,043 million
Investing
(535 million)
(426 million)
Financing
(1,866 million)
(1,171 million)
Total Increase/(Decrease)
(393 million)
431 million
[10-K, page 38]
17. Were there any Non-Cash Investing/Financing Transactions?
Describe the type and amount. No [If your company does, it
will say so either at the bottom of the cash flow statement, or in
a footnote]
18. What is the dollar difference between accrual net income
and Cash provided by Operations? $977 million [10-K, page
38; 2,020 million operating cash flow minus 1,043 million net
income]
19. What investing activity provided the largest inflow of cash
in the current year? Proceeds from sale of property, plant and
equipment [10-K, page 38]
20. What investing activity used the largest amount of cash in
the current year? Capital Expenditures [10-K, page 38]
21. What financing activity provided the largest inflow of cash
in the current year? Proceeds from stock option exercises [10-
K, page 38]
22. What financing activity used the largest amount of cash in
the current year? Dividends paid [10-K, page 38]
23. Does the company have sufficient cash inflows from the
appropriate category? Describe any problems the company many
experience with cash flow from your analysis of the cash flow
statement. Yes, the company has sufficient cash flows from
4. operating activities. Although operating cash flows have
declined over the past three years, at this time, the company is
still able to fund its investing and financing activities with its
operating cash flows.
24. Show the change in Retained Earnings for the 2 most recent
years. What was net income for each year? How much was paid
out in dividends each year?
Category
2014
2013
Retained Earnings
1,045 million
1,281 million
Net Income
1,043 million
2,715 million
Dividends
1,279 million
1,228 million
[10-K, page 37]
25. Were the dividends on common stock and/or preferred
stock? What was the amount of each? Common stock, $1,279
million [This is based on the fact that the company has only
common stock outstanding; if there were preferred dividends,
they would be on a separate line on the statement of equity]
26. Did Retained Earnings change for any reasons other than net
income or dividends? Explain. No [10-K, page 37]
27. What classes of stock does your company have? Common
[10-K, page 37]
28. How many shares of each class of stock are authorized, how
many are issued, and how many are outstanding? 5 billion
shares authorized, 601,402,816 shares issued, 587,331,944
shares outstanding [10-K, page 47; some companies may
provide all of these numbers on the balance sheet as well]
29. Does your company have any treasury stock? How many
shares and what dollar amount? Yes, 14,070,872 shares at $796
5. million [10-K, page 47 and 36]
30. What is the par or stated value of each of your company’s
stocks? No par value [10-K, page 36]
Footnote Disclosures:
31. How many footnote disclosures does your company have?
16 [10-K, page 69]
32. How many significant accounting policies are listed under
its Summary of Significant Accounting Policies? 18 [10-K,
pages 39-42]
33. What does it include as Cash and Cash Equivalents?
Demand deposits with banks and all highly liquid investments
with original maturities of three months or less [10-K, page 39]
34. What method does it use to value Inventory? Average cost
[10-K, page 39]
35. What method(s) does it use to depreciate its assets?
Straight line [10-K, page 39]
36. Does it have any leased assets? If yes, describe them. Yes,
some property is leased [10-K, page 61-62; Kraft does not
describe the leased property in detail, but provides a schedule of
minimum rental commitments]
37. What policies does it have in regard to Foreign Currency
Translations? “We use various financial instruments to mitigate
our exposure to changes in exchange rates from thire-party and
intercompany actual and forecasted transactions. These
instruments may include forward foreign exchange contracts
and foreign currency options. We primarily use these
instruments to hedge our exposure to the Canadian dollar.
Substantially all of these derivative instruments are highly
effective and qualify for hedge accounting treatment.” [10-K,
page 42]
38. Describe any pending lawsuits in which it is involved. An
investigation by the CFTC related to the trading of December
2011 wheat futures contracts [10-K, page 61]
39. Provide its Earnings per Share for the 2 most recent years?
2014 - $1.75, 2013 - $4.55 [10-K, page 34]
6. Report of the Independent Auditor(s):
40. Who is/are your company’s auditor(s)? Pricewaterhouse
Coopers [10-K, page 33]
41. Where are they located? Chicago, IL [10-K, page 33]
42. Does the auditor(s) give a qualified opinion, an unqualified
opinion, a disclaimer of opinion, or an adverse opinion? What
does that opinion mean? Is it good? The auditor gave an
unqualified opinion. This means that the auditor believes that
the financial statements are presented fairly in accordance with
GAAP. It is a good opinion. [10-K, page 33]
43. What is the auditor’s responsibility in regard to the
financial statements? To express an opinion on the financial
statements based on the audit [10-K, page 33]
44. What is management’s responsibility in regard to the
financial statements? To prepare the financial statements and to
maintain effective internal control over the financial reporting
process [10-K, page 33]
45. What financial statements were included in the auditor’s
opinion? Statement of Earnings, Statement of Comprehensive
Earnings, Balance Sheet, Statement of Equity, Statement of
Cash Flows, Notes to Consolidated Financial Statements [10-K,
page 73; many auditors will list these in the report (p.33), but in
this case, the report references Item 15, which is where this list
is located]
46. Did the auditor believe that the statements were presented
fairly? Yes [10-K, page 33]
Management’s Report:
47. Who bears the responsibility for the integrity and the
objectivity of the financial statements? Management [10-K,
page 70]
48. What does management say they are doing to assure the
public that the financial information is reliable? Establish and
maintain effective internal control over the financial reporting
process [10-K, page 70-71]
7. 49. What is the responsibility of the Audit Committee of the
Board of Directors? Overseeing the accounting and financial
reporting processes and audits of the financial statements
[Definitive Proxy Statement, page 17; some companies will
include this information in the 10-K, while others, like Kraft,
will reference another document]
Analysis: (use Excel to complete this section)
50. Provide common-size analysis of your company’s income
statement and balance sheet for the 2 most recent years (must be
done using Excel with formulas). See Excel document
51. Provide horizontal analysis of your company’s income
statement and balance sheet, showing the dollar amount and
percent of change using the 2 most recent years (you must use
an Excel spreadsheet with formulas). See Excel document
52. Perform ratio analysis on your company using the ratios
listed in Exhibit 13.16 on page 529 of your text (these must be
in an Excel spreadsheet, using formulas to calculate the ratios).
You should present them in a similar format as the text: group
by category, list name of ratio, formula in words, and the ratio
calculation. Give a short explanation of your conclusions about
your company after each category of ratios (i.e. How liquid is
your company? How efficiently is it using its assets? etc.). See
Excel document
Conclusions:
53. Are you optimistic or pessimistic regarding the future of
your chosen corporation? Explain. I am optimistic about the
future of Kraft Foods. While the company is very highly
leveraged, they are well-established and generating strong
profits and cash flows.
54. Would you invest in the stock of the company? Explain.
Yes, I would invest in Kraft Foods stock. Although profits did
decline from 2013 to 2014, the company remains very
profitable, with a return on equity of 22% and profit margin and
8. return on assets that exceed industry averages. The company
also provides a high dividend yield of 2.4%. While the
efficiency and solvency ratios would be a concern as a stock
investor, making the stock more risky, the high returns make the
investment worthwhile.
55. Would you invest in the bonds of the company? Explain.
No, I would not invest in Kraft Foods bonds. While they do
have sufficient returns to cover interest payments, with times
interest earned of 3.9 times, the low liquidity and high debt-to-
equity ratios make the company a high risk for bondholders. I
would want a higher return than bonds offer in order to accept
that level of risk.
[Note that these conclusions are not “right” or “wrong” – you
might conclude that you would do just the opposite and invest
in bonds, but not stocks. The conclusions should be yours, but
they must be supported by your analysis, including relevant
items from the Excel analysis.]
KRFT Stock Price by Quarter
High Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4
2014 Q1 2015 Q1 2015 58.76 55.93 56.56 60.24
61.1 64.47 90.61 91.32 Low Q3 2013 Q4
2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q1
2015 51.2 51.72 50.54 55.47 53.33 53.63
60.28 82.94
Page 4 of 5
Bal ShtKraft Foods Group, Inc.Consolidated Balance Sheets(in
millions of U.S. dollars)Common Size AnalysisHorizontal
AnalysisDecember 27, 2014December 28, 201320142013$
Change% ChangeASSETSCash and cash equivalents$ 1,293$
9. 1,6865.63%7.28%$ (393)-23.31%Receivables (net of
allowances of $21 in 2014 and $26 in
2013)1,0801,0484.71%4.53%323.05%Inventories1,7751,6167.7
4%6.98%1599.84%Deferred income
taxes3843601.67%1.56%246.67%Other current
assets2591981.13%0.86%6130.81%Total current
assets4,7914,90820.88%21.20%(117)-2.38%Property, plant and
equipment,
net4,1924,11518.27%17.78%771.87%Goodwill11,40411,50549.
70%49.70%(101)-0.88%Intangible assets,
net2,2342,2299.74%9.63%50.22%Other
assets3263911.42%1.69%(65)-16.62%TOTAL ASSETS$
22,947$ 23,148100.00%100.00%$ (201)-
0.87%LIABILITIESCurrent portion of long-term debt$ 1,405$
46.12%0.02%$ 1,40135025.00%Accounts
payable1,5371,5486.70%6.69%(11)-0.71%Accrued
marketing5116852.23%2.96%(174)-25.40%Accrued
employment costs1631840.71%0.79%(21)-11.41%Dividends
payable3243131.41%1.35%113.51%Accrued postretirement
health care costs1921970.84%0.85%(5)-2.54%Other current
liabilities6414792.79%2.07%16233.82%Total current
liabilities4,7733,41020.80%14.73%1,36339.97%Long-term
debt8,6279,97637.60%43.10%(1,349)-13.52%Deferred income
taxes3406621.48%2.86%(322)-48.64%Accrued pension
costs1,1054054.82%1.75%700172.84%Accrued postretirement
health care costs3,3993,08014.81%13.31%31910.36%Other
liabilities3384281.47%1.85%(90)-21.03%TOTAL
LIABILITIES18,58217,96180.98%77.59%6213.46%Commitmen
ts and Contingencies (Note 11)EQUITYCommon stock, no par
value (5,000,000 shares authorized; 601,402,816 shares issued
at December 27, 2014 and 596,843,449 at December 28, 2013)-
0- 00.00%0.00%- 0Additional paid-in
capital4,6784,43420.39%19.16%2445.50%Retained
earnings1,0451,2814.55%5.53%(236)-18.42%Accumulated other
comprehensive losses(562)(499)-2.45%-
2.16%(63)12.63%Treasury stock, at cost(796)(29)-3.47%-
10. 0.13%(767)2644.83%TOTAL
EQUITY4,3655,18719.02%22.41%(822)-15.85%TOTAL
LIABILITIES AND
EQUITY22,94723,148100.00%100.00%(201)-0.87%[Source:
10-K, page 36]
Inc StmtKraft Foods Group, Inc.Consolidated Statements of
Earnings(in millions of U.S. dollars)For the Years
EndedCommon Size AnalysisHorizontal AnalysisDecember 27,
2014December 28, 201320142013$ Change% ChangeNet
revenues$ 18,205$ 18,218100.00%100.00%$ (13)-
0.07%Cost of
sales13,36011,39573.39%62.55%1,96517.24%Gross
profit4,8456,82326.61%37.45%(1,978)-28.99%Selling, general
and administrative
expenses2,9562,12416.24%11.66%83239.17%Asset impairment
and exit costs(1)108-0.01%0.59%(109)-100.93%Operating
income1,8904,59110.38%25.20%(2,701)-58.83%Interest and
other expense, net(484)(501)-2.66%-2.75%17-3.39%Royalty
income from Mondelez International- 0- 00.00%0.00%-
0Earnings before income taxes1,4064,0907.72%22.45%(2,684)-
65.62%Provision for income taxes3631,3751.99%7.55%(1,012)-
73.60%Net earnings$ 1,043$ 2,7155.73%14.90%$ (1,672)-
61.58%[Source: 10-K, page 34]
RatioRatioFormulaCalculationLiquidity and EfficiencyCurrent
Ratio= Current assets / Current liabilities1.00Acid-test ratio=
Cash + Short-term investments + Current receivables / Current
liabilities0.50Accounts receivable turnover= Net sales /
Average accounts receivable, net17.11timesInventory turnover=
Cost of goods sold / Average inventory7.88timesDays' sales
uncollected= Accounts receivable, net / Net sales *
36521.65daysDays' sales in inventory= Ending inventory / Cost
of goods sold *36548.49daysTotal asset turnover= Net sales /
Average total assets0.79timesKraft Foods has low liquidity,
with a current ratio of 1 and an acid-test ratio of 0.5, although
this is in line with industry standards. Kraft Foods is also not
very efficient, with inventory turnover of 7.88 times, which is
11. well below the industry average of 11.15 times, and total asset
turnover of .79 times compared to an industry average of 1.76
times.SolvencyDebt ratio= Total liabilities / Total
assets0.81Equity ratio= Total equity / Total assets0.19Debt-to-
equity ratio= Total liabilities / Total equity4.26Times interest
earned= Income before interest expense and income taxes /
Interest expense3.90timesKraft Foods has very high debt and
debt-to-equity ratios. Times interest earned of almost four
times means that there is not an immediate risk of default, but
the company is very highly leveraged, which is risky for
investors.ProfitabilityProfit margin ratio= Net income / Net
sales6%Gross margin ratio= Net sales - Cost of goods sold / Net
sales27%Return on total assets= Net income / Average total
assets5%Return on common stockholders' equity= Net income -
Preferred dividends / Average common stockholders'
equity22%Book value per common share= Shareholders' equity
applicable to common shares / Number of common shares
outstanding$ 7.43Basic earnings per share= Net income -
Preferred dividends / Weighted-average common shares
outstanding$ 1.76[Weighted Average shares outstanding found
in 10-K, Note 14]Kraft Foods has strong profitability. Profit
margin of 6% and return on total assets of 5% are both more
than double the industry averages of 3.5% and 2%. Return on
equity of 22% is significantly stronger than the industry average
of 7.9%.Market ProspectsPrice-earnings ratio= Market price per
common share / Earnings per share50.14timesDividend yield=
Annual cash dividends per share / Market price per
share2.4%[Dividends per share found on Income
Statement]Kraft Foods has a high P/E ratio at 50 times earnings,
indicating that high growth is expected [this is likely because of
the merger with Heinz that had been announced by the time
Kraft Foods shares stopped trading]. A dividend yield of 2.4%
is a strong return for investors interested in income.
GraphQuarterHighLowQ3 2013$ 58.76$ 51.20Q4 2013$
55.93$ 51.72Q1 2014$ 56.56$ 50.54Q2 2014$ 60.24$
55.47Q3 2014$ 61.10$ 53.33Q4 2014$ 64.47$ 53.63Q1
12. 2015$ 90.61$ 60.28Q1 2015$ 91.32$ 82.94
KRFT Stock Price by Quarter
High Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4
2014 Q1 2015 Q1 2015 58.76 55.93 56.56 60.24
61.1 64.47 90.61 91.32 Low Q3 2013 Q4
2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q1
2015 51.2 51.72 50.54 55.47 53.33 53.63
60.28 82.94
KRFT Stock Price by Quarter
High Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4
2014 Q1 2015 Q1 2015 58.76 55.93 56.56 60.24
61.1 64.47 90.61 91.32 Low Q3 2013 Q4
2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q1
2015 51.2 51.72 50.54 55.47 53.33 53.63
60.28 82.94
ACCT 212
Individual Learning Project Questions
Name_______________________________
General Information:
1. What is the name of your corporation?
2. Where are the corporate headquarters?
13. 3. What is the corporation’s fiscal year end?
4. What are the primary products or services of the corporation?
5. Graph the high and low price of the company’s stock for each
quarter of the last two years. What was the high and what was
the low?
6. Who is the company’s transfer agent and where are they
located?
7. Who are your company’s competitors?
Market Information:
8. On which stock exchange is your corporation’s stock traded?
9. What is the current market price of their stock?
10. What is the ticker symbol used to identify your corporation
on the stock exchange?
Internet Information:
11. What is the Internet address of your corporation? Be sure it
appears as a hyperlink.
12. Is the corporation’s Annual Report online?
13. Are its financial statements on-line?
14. Is your company listed on Annualreports.com?
15. How long is your company’s 10-K report at the Securities
and Exchange Commission website (Edgar Database)?
Cash Flow and Retained Earnings:
16. List the amount of cash flows from each of the 3 activities:
Operating, Investing, and Financing for the 2 most recent years.
What was the increase or decrease in cash for each of these
years?
17. Were there any Non-Cash Investing/Financing Transactions?
Describe the type and amount.
18. What is the dollar difference between accrual net income
and Cash provided by Operations?
19. What investing activity provided the largest inflow of cash
in the current year?
20. What investing activity used the largest amount of cash in
14. the current year?
21. What financing activity provided the largest inflow of cash
in the current year?
22. What financing activity used the largest amount of cash in
the current year?
23. Does the company have sufficient cash inflows from the
appropriate category? Describe any problems the company many
experience with cash flow from your analysis of the cash flow
statement.
24. Show the change in Retained Earnings for the 2 most recent
years. What was net income for each year? How much was paid
out in dividends each year?
25. Were the dividends on common stock and/or preferred
stock? What was the amount of each?
26. Did Retained Earnings change for any reasons other than net
income or dividends? Explain.
27. What classes of stock does your company have?
28. How many shares of each class of stock are authorized, how
many are issued, and how many are outstanding?
29. Does your company have any treasury stock? How many
shares and what dollar amount?
30. What is the par or stated value of each of your company’s
stocks?
Footnote Disclosures:
31. How many footnote disclosures does your company have?
32. How many significant accounting policies are listed under
its Summary of Significant Accounting Policies?
33. What does it include as Cash and Cash Equivalents?
34. What method does it use to value Inventory?
35. What method(s) does it use to depreciate its assets?
36. Does it have any leased assets? If yes, describe them.
37. What policies does it have in regard to Foreign Currency
Translations?
38. Describe any pending lawsuits in which it is involved.
39. Provide its Earnings per Share for the 2 most recent years?
15. Report of the Independent Auditor(s):
40. Who is/are your company’s auditor(s)?
41. Where are they located?
42. Does the auditor(s) give a qualified opinion, an unqualified
opinion, a disclaimer of opinion, or an adverse opinion? What
does that opinion mean? Is it good?
43. What is the auditor’s responsibility in regard to the
financial statements?
44. What is management’s responsibility in regard to the
financial statements?
45. What financial statements were included in the auditor’s
opinion?
46. Did the auditor believe that the statements were presented
fairly?
Management’s Report:
47. Who bears the responsibility for the integrity and the
objectivity of the financial statements?
48. What does management say they are doing to assure the
public that the financial information is reliable?
49. What is the responsibility of the Audit Committee of the
Board of Directors?
Analysis: (use Excel to complete this section)
50. Provide common-size analysis of your company’s income
statement and balance sheet for the 2 most recent years (must be
done using Excel with formulas).
51. Provide horizontal analysis of your company’s income
statement and balance sheet, showing the dollar amount and
percent of change using the 2 most recent years (you must use
an Excel spreadsheet with formulas).
52. Perform ratio analysis on your company using the ratios
listed in Exhibit 13.16 on page 505 of your text (these must be
in an Excel spreadsheet, using formulas to calculate the ratios).
16. You should present them in a similar format as the text: group
by category, list name of ratio, formula in words, and the ratio
calculation. Give a short explanation of your conclusions about
your company after each category of ratios (i.e. How liquid is
your company? How efficiently is it using its assets? etc.).
Conclusions:
53. Are you optimistic or pessimistic regarding the future of
your chosen corporation? Explain.
54. Would you invest in the stock of the company? Explain.
55. Would you invest in the bonds of the company? Explain.
Page 3 of 3
ACCT 212
Individual Learning Project Instructions
This project will allow you the opportunity to explore a
company’s annual report and become familiar with the items it
contains. Choose a company from Standard & Poor’s Net
Advantage whose company’s name begins with the same letter
as your last name. Locate the most recent annual report, either
from the Liberty University library’s access to Standard &
Poor’s website, the EDGAR database (http://www.sec.gov/), or
the company’s website. Once located, open Individual Learning
Project Questions document and add your answers underneath
each question. Do not delete the questions. Questions 1–49 must
be answered with Microsoft Word. Your answers for these do
not need to be in complete sentences. Questions 50–52 must be
answered in Microsoft Excel and your answers must include
formulas. Questions 53–55 must be answered with complete
sentences and justification within the Word document. Both
documents (Word and Excel) must be uploaded into the
Assignment link.
To access the Liberty University Library online resources from
off campus:
17. · From the Blackboard log-in page, right-hand side
“Quicklinks” pull-down menu -- choose “Library.”
· Click log-in button. Off-site access cannot be gained unless
the user successfully completes the log-in.
· This must take you to the “Library Research Portal”; if not,
click on “Portal.”
· Click on the “databases” tab.
· Click on the “Databases by Letter,” and select the letter “S.”
· Scroll down until you see “Standard & Poor’s NetAdvantage.”
· Click on the link and then you may begin your search.
Tips for choosing a company:
· This project will be easier and more meaningful if you select a
company that you have heard of before and one whose basic
operations you are familiar with.
· If the company you select is no longer in operation, either
because they have been acquired, been through bankruptcy, etc.,
it is not an appropriate selection; if you want to do a company
that has been acquired, you may do the project on the new
parent company instead – please clear this with your instructor
in advance if the parent company does not begin with the same
letter as your last name.
· Locate the company’s annual report before you begin
substantial work on the project! That way, if you run into an
issue mentioned above, you will not need to start over. The
company you choose needs to have issued a 10-K/Annual Report
within the past year.
This assignment is due by 11:59 p.m. (ET) on Monday of
Module/Week 7.