Financial Reports Understanding Financial Reports I am choosing to analyze Apple Inc., a publicly held company since 1980. The homepage is at http://www.apple.com. I am interested in Apple for many reasons, firstly because it is one of the most successful and largest companies in the entire world, and has reshaped not only the tech industry, but has reshaped the way that we conduct business, from the personal computer of the 1970s to

Financial Reports Balance Sheet Merck discloses on its balance sheet the following components of stockholders' equity: capital stock, retained earnings, additional paid-in capital, treasury stock and accrued gains/losses. Novartis reports retained earnings, additional paid-in capital and treasury stock only. Neither of these companies has any preferred shares outstanding. Both companies report treasury shares. Merck notes in its annual report that the Board "approved the purchase of up to $5.0 billion of Merck's common

Financial Reports Pickett Company Balance Sheet Assets Cash Accounts Receivable Equipment (Net Depreciation) Inventory Total Assets Liabilities Accounts Payable Long-term Debt Total Liabilities Stockholder's Equity Common Stock Paid In Capital Retained Earnings Total SE Total SE & Liabilities Pickett Company Income Statement Revenue Cost of Goods Sold Gross Income Expenses Depreciation Expense Insurance Expense Marketing Miscellaneous Expense Property Tax Rent Expense Salaries Utilities Total Expense Net Income Since the Inventory was an actual $75,000, Inventory, Retained Earnings, and Net Income was adjusted with a decrease of $3,650. Cost of Goods Sold was adjusted with an increase of $3,650. The customer's check of $10,000 adjusted cash

Book v Market Understanding Financial Concepts in the Real World: Book Value v. Market Value in MAKO Surgical Corp Few economic events in recent memory have thrown the basic concept of book value vs. market value into sharper relief than the dramatic and ongoing changes in home prices across the country. Many homeowners found themselves "underwater" or "upside-down" on their mortgages, meaning that they owed more money for their homes than they

There are several things I would want to know before lending money to anybody. One of these is the audited financial statements for the past three years. The reason I want to see the audited financial statements is because the auditing process ensures the reliability and truthfulness of the statements. Statements that are unaudited are simply not worth the paper they are printed on – the auditing process will uncover

Financial managers and CEO's play important roles in ensuring that organizations meet their specific goals. The skill levels for both positions are high and require a great deal of patience and experience. The purpose of this discussion is to determine whether being a financial manager is the best preparation for later becoming a CEO. Role of the Financial Manager According to the Bureau of Labor, financial managers must have a bachelor's degree