standard defines three types of designations: 1. Permanently Restricted – The asset is specific by the donor‚ the principal is permanently restricted‚ but the income is available for use. 2. Temporarily restricted – The asset is restricted by purpose and time. The donor places the restrictions on the asset. The donor may request the asset be used for a specified purpose or time once the purpose or time has been
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Determinants of CORPORATE Cash HoldingS During the Recent Crisis b.sc. Thesis 2010-05-24 Lucas Kuijsters 722689 Abstract In this thesis I investigate the development of determinants of corporate cash holdings during the recent crisis. I create two categories of firms; one with financially constraint and unconstraint firms classified on their size and one with financially constraint and unconstraint firms based on the de size of their dividend payments. Unconstraint firms do not manage
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Issues 1. Appraise the recent performance and financial position of Dawson Stores‚ Inc.‚ using selected financial ratios as appropriate (Horizontal and Vertical analysis) 2. As Stefanie Anderson‚ would you conclude that the company is a good credit risk? If not‚ provide recommendations to the client on how to solve their issues. Facts Dawson Stores‚ Inc. was incorporated in 1881 by John Dawson Sr. After his death‚ tge stock had been widely spread since he divided his share among his five
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amounts be correct cost of sales amounts? MAYNARD COMPANY BALANCE SHEETS AS OF JUNE 1 AND JUNE 30 Assets Current Assets: As of June I As of June 30: Cash $ 34‚983 $ 66‚660 Accounts receivable 21‚798 26‚505 Note receivable 11‚700 0 Merchandise inventory 29‚835 26‚520 Supplies on hand 5‚559 6‚630 Prepaid insurance 3‚150 2‚826 Total current assets $107‚025 $129‚141 Noncurrent assets: Land 89‚700 89‚700 Building 585‚000 585‚000 Less: Accumulated depreciation (156‚000 ) 429
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PepsiCo‚ Inc.‚ are presented here (in millions). Coca-Cola PepsiCo Total current assets 12‚094 8‚639 Total current liabilities 10‚971 6‚752 Net sales 21‚962 29‚261 Cost of goods sold 7‚638 13‚406 Net income 4‚847 4‚212 Average (net) receivables for the year 2‚131 2‚915 Average inventories for the year 1‚336 1‚477 Average total assets 29‚335 26‚657 Average common stockholders’ equity 15‚013
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statement data for Fellenz Corporation are presented below. FELLENZ CORPORATION Balance Sheets December 31 Assets 2012 2011 Cash $40‚000 $24‚000 Receivables (net) 90‚000 55‚000 Other current assets 74‚000 73‚000 Long-term investments 78‚000 60‚000 Plant and equipment (net) 520‚000 407‚000 Total assets $802‚000 $619‚000 Liabilities and Stockholders’ Equity 2012 2011
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The first aspect that can be observed is that the Company is huge as it has a large amount of total assets - more than 62 billion dollars at the end of 2011. However‚ the total assets owned by Carrefour decreased over the last five years and this sudden decrease can be attributed to the change of strategy adopted by the Company‚ which probably tried to generate more cash by lowering the total assets and tightening their business‚ going from $ 71‚724‚602 in 2010 to $ 55‚592‚452 at the end of 2014.
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MORTGAGE BACKED BOND (MBB) WHAT IS IT MBBs are the third asset securitization vehicles. They differ from pass-thru and CMOs in 2 key dimensions: 1. Pass thru’ and CMOs remove mortgages from bank’s balance sheets as forms of offbalance sheet securitization. 1. MBBs normally remain on the balance sheet 2. Pass thru’ and CMOs have a direct link between the cash flows on the underlying mortgages and the cash flows on the bond vehicles 2. For MBBs‚ there is no direct link between the cash flow on
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Existing lease accounting standards require lessees to classify their lease contracts as either finance or operating leases. If a lease is classified as a finance lease‚ assets (and liabilities) are recognized in its statement of financial position. For an operating lease‚ the lessee simply recognizes lease payments as an expense over the lease term. This split into finance and operating leases has given rise to a number of problems. The International Accounting Standards Board (IASB) and the
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following ratios is not generally considered to be helpful in assessing short-term liquidity? A. Acid-test ratio B. Current ratio C. Days’ to collect receivables D. Total asset turnover 2. Which of the following statements is incorrect? A. Current assets are expected to be converted into cash sooner than noncurrent assets. B. Equity investors have unlimited downside exposure if the company declares bankruptcy. C. Paid-in capital of company is not affected by the payment of dividends. D.
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