¶ … Annual Reports Financial Statements
Annual Financial Reports
Describe the general organization of each of the three sets of financial statements. Which is more useful in your opinion for each of the three companies: Net Income or Cash from Operating Activities?
The general organization, of the three companies being examined is focused on different segments of the economy. Samsung Electronics is a manufacturer of: digital media products, semiconductors, telecommunications products, consumer related electronics (such as cell phones / DVD players) and LCDs. The recent recession has caused the company to experience large amounts of volatility in earnings. Part of the reason for this, is because of intense competition and the sharp contraction in consumer spending. Evidence of this can be seen by looking no further than the net income. Where, it would fluctuate between $1.58 billion in 2008 to $499 million in 2009. This is significant, because it shows how the bottom line of the company is affected by changes in the economy and from competition. ("Samsung Electronics Company Limited," 2009) In the case of Samsung Electronics, the most useful way of evaluating the company is to look at the net income. The reason why, is because it can provide a more accurate number and it can confirm the underlying trend that is taking place. This is because net income for the company will take in account a number of different deductions, helping to improve the accuracy of the information being presented. ("Samsung Electronics Company Limited," 2009)
Lockheed Martin is a defense contractor that markets / manufacturers: weapon systems, electronics technology, rockets / missiles and they provide information / engineering services to various governments. The most useful measure from the financial statement for this company would be: the cash from operating activities. The reason why this number would be most accurate is because, it takes into account recurring expenses or costs that have been carried over. For example, in the annual report there were several different recurring costs that were carried over from pervious reporting periods...
Financial Reporting on the Internet (AMETEK, Inc.) The company's management as AMETEK observes in its 2012 annual report is responsible for not only the preparation but also the integrity of the financial statements and other related information (AMETEK, Inc., 2012). As the company further points out in its annual report, its financial statements conform to the provisions of GAAP (AMETEK, Inc., 2012). The relevance of following the standard set of accounting policies
By May 2012, MedAssets long-term debts are approximately $959.94 Million. Additionally, MedAssets secures loans that carry interest rates. With significant amount of loans that the company has secured and notes that the company has issued, the company faces interest rates risks. To mitigate the effect of risks associated with the fluctuation of the interest rates, the company enters into the series of financial instrument to guide against the risks from
Financial Analysis The balance sheet shows that most line items have a change that is greater that is 5%. This report will attempt to explain the wild fluctuations in the numbers from one year to the next. With respect to the current assets, the decline in the cash position can probably be explained by the increase in the inventories and the accounts receivable. They are having problems collecting from their customers, apparently,
Financial Analysis of Wal Mart Financial Analysis of Wal-Mart Company Overview Wal-Mart Stores Inc. (WMT) is the largest global retail and chain stores operating in various formats. The company operates more than 8000 stores globally across its business segments, which include electronics, groceries, apparel, and small appliances. Although, Wal-Mart operates a global business, however, more than half of the company businesses are located in the United States. Wal-Mart also operates its global businesses
Annual Report There are several sections to the 2012 Amazon Annual Report. The first five pages after the cover page consist of a letter to the shareholders, followed by a reprint of the 1997 letter to the shareholders. The rest of the annual report consists of the 10-K. The main sections of the 10-K are the descriptive Part I (business description, risk factors, etc.), the financial Part II (financial statements, notes,
Financial Analysis of Bestwish Limited Company Overview Bestwish Limited produces extensive range of quality products such as gift dressing, greetings cards, and plush merchandise of more than 50,000 stocks. The production of different categories of products involve between 2 and 15 processes. The company produces standardized products and custom designed products ordered from customers on contract basis. However, Bestwish Limited is facing challenges to control the costs because of varying production process,
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now