Presented here are selected data from the 10-K reports of four companies for the 2007 fiscal year.

Question:

Presented here are selected data from the 10-K reports of four companies for the 2007 fiscal year. The four companies in alphabetical order are:

1. AT&T, a large telecommunications company.

2. Deere & Co., a manufacturer of heavy machinery.

3. Dollar General Corporation, a company that owns and operates discount stores.

4. Starbucks Corporation, the world's largest specialty coffee-shop chain.

The data, presented below in the order of the amount of sales, are as follows. Dollar amounts are in millions.


Presented here are selected data from the 10-K reports of four


Required
a. Divide the class into groups of four or five students per group and then organize the groups into four sections. Assign Task 1 to the first section of groups, Task 2 to the second section, Task 3 to the third section, and Task 4 to the fourth section.
Group Tasks
(1) Assume that you represent AT&T. Identify the set of financial data (Column A, B, C, or D) that relates to your company.
(2) Assume that you represent Deere & Co. Identify the set of financial data (Column A, B, C, or D) that relates to your company.
(3) Assume that you represent Dollar General Corporation. Identify the set of financial data (Column A, B, C, or D) that relates to your company.
(4) Assume that you represent Starbucks Corporation. Identify the set of financial data (Column A, B, C, or D) that relates to your company.
b. Select a representative from each section. Have the representatives explain the rationale for the group's selection. The explanation should include a set of ratios that support the group'sconclusion.

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Related Book For  book-img-for-question

Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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