McDonald’s reported a year end annual earnings report for the last 4 years: 2010‚ 2009‚ 2008‚ and 2007. This portion of the McDonalds essay will cover the company’s account amounts for the 2 most recent year end reporting period which are 2010 and 2009. This report will cover the actual numbers from McDonald’s Corp balance sheet. The balance sheet lists each individual account that applies as a liability account. Accounts payable‚ notes payable‚ short term debt‚ accrued liabilities‚ and other
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What’s brewing at Whitbread? In the annual report for 1999/2000 Whitbread Plc reported a total turnover of £2.9 billion with operating profit of £332 million. The sale of beer‚ one of seven business units‚ accounted for approximately 38% of turnover. Other important revenue was generated by closely allied businesses such as pubs and restaurants. Ten years later and the Annual Report of 2009/10 showed a markedly different company. Total revenue was £1.44 billion and‚ despite a 250 year history
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How do the financial statements included in a Form 10-Q differ from the financial statements included in a Form 10-K filing? The Form 10-Q is a quarterly report designed to give a status of how a business is doing after three months of operation. The Form 10-Q and the Form 10-K differ in the report’s interval; the Form 10-K is an annual report. B. Why don´t Warnaco’s financial reporting periods end on the same date each quarter or year? Because a quarter is measured by quarters‚ is not measured
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Memorandum To: Mr. David Overton‚ Chief Executive Officer CC: Board of Directors From: Junior Analyst Date: February 6‚ 2013 Re: How Cheesecake Takes The Cake Through my comparative analysis using the five key financial indices of The Cheesecake Factory and P.F. Chang’s China Bistro‚ CAKE seems to be in fact “taking the cake”. Not only the past three years of our financial statements show steady growth and great financial strength‚ but when you compare our financials to P.F. Chang’s we appear
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facilities came into use in 2013. 2012 2013 Change COGS/Sales (%) 17.26% 16.92% (0.34%) Energy consumption (1‚000 GJ) 2433 2572 5.71% CO₂ emissions from energy consumption (in 1‚000 tons) 122 125 2.46% 1.3 Recommendation The company can report energy intensity according to G4 Specific Standard Disclosures to better reflect
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income over a set period of time. Because of Managerial accountants Micron was able to relies that their factory in Boise is not producing enough income to continue running. For external use managers use accounting statements to report the business to outsides these reports become the base for he information provided in the official corporate
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familiar with the financial reports that are published by companies to provide information to the interested parties. It is intended that you should interpret the information from both the financial statements and the other reports that are included in the Annual Report and also in the other announcements that companies make from time to time. INTRODUCTION As the projects manager of a UK - based company that is quoted on the London Stock Exchange (LSE)‚ you report to the finance director. The
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support these products. Staples‚ also provides supplies for facilities‚ break-room‚ and furniture (Staples‚ Inc‚ 2012). Staples conceptualized the office superstore in 1986. It has more than 88‚000 associates worldwide‚ in 26 countries‚ and fosters annual sales of 25 billion (Staples‚ Inc‚ 2012). Many organizations foundations began with a vision and an organizational mission. The vision and mission are set to be accomplished by setting objectives‚ and implementing strategies to achieve the goals
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principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income statement (profit and loss account). The annual accounts of a registered or incorporated firm are required by law to disclose a certain amount of information. And have to be certified by an external auditor that they present a ’true and fair
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Uniformity and Disclosure Choice among accounting methods Uniformity ◦ Relevant circumstances ◦ Nature of finite and rigid uniformity and flexibility ◦ Extent that standards are using finite uniformity‚ rigid uniformity‚ or flexibility Disclosure Items providing important information to users Minimizing agency costs Signaling information that management wants to send to outside parties Attempting to “influence” outside parties Comparability
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