Bombay Dyeing and Manufacturing Company Financial State

Only available on StudyMode
  • Download(s) : 503
  • Published : April 8, 2011
Open Document
Text Preview
Bombay Dyeing and Manufacturing Company’s Financial State
I evaluated four company’s balance sheet. I will write a brief commentary on each company’s balance sheet and income statement. The companies are Bombay Dyeing and Manufacturing, Dean Foods, Huffman Trucking, and Hallmark Financial Services. Bombay Dyeing and Manufacturing Company’s assets greatly increased between March, 2006 and March, 2010. In March, 2006 – Bombay’s assets were 939.92; In March, 2010 assets increased to 1,183.46. Bombay’s equity stayed the same, at an average of 38.60. Bombay’s liabilities’ ranged from 124.53 in 2006 and jumped to an average of 330.00 between 2007 and 2010. The assets also include a consideration of secured and unsecured loans. Dean Food’s total assets were 7.03 Billion in December 2007 and increased to 7.96 Billion in December 2010. This particular balance sheet covered a substantial amount of the company’s finances. Dean’s liabilities ranged as follows: In December, 2007 - 932.52M and between December 2008 and December 2010 – an average of 1.44B. Dean’s total equity was 51.27 million in 2007, and increased to 1.50 billion in 2010. Hallmark Financial Services total assets ranged from 606.31 million in December 2007, their asset increased to 736.62 million. Liabilities were 179.19 in 2007, and in 2010 they were 235.76 million. Equity was 179.19 in 2007, in 2010 - it was 235.76. Webb Trucking Company is as follows

Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,000 Accounts receivable . . . . . . . . . . . . . . . . . . . 16,500 Office supplies . . . . . . . . . . . . . . . . . . . . . . 2,000 Trucks . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170,000 Accumulated depreciation—Trucks . . . . $ 35,000

Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75,000 Accounts payable . . . . . . . . . . . . . . . . . . . . . 11,000 Interest payable . . . . . . . . . . . . . . . . . . . . . . 3,000 Long-term notes payable . . . . . ....
tracking img