This is a simple exercise to familiarize you with the kind of information that is presented in
Question:
This is a simple exercise to familiarize you with the kind of information that is presented in the financial statements. Examine the three primary statements presented above to discover the following information:
(a) What is the value of Tesco plc’s property, plant and equipment for the year ended 25 February 2012?
(b) What is the value of their loans and advances to customers for the year ended 25 February 2011?
(c) How much cash and cash equivalents did Tesco plc hold at the end of the most recent financial year?
(d) How much revenue did Tesco plc generate during the year to 25 February 2012?
(e) What was the operating profit for Tesco plc during the years to 25 February 2011 and 2012?
(f) What was the sum of current assets at 25 February 2012? And, as far as possible, can you provide a breakdown of this balance?
(g) How much cash did Tesco plc generate through financing activities during 25 February 2012?
Step by Step Answer:
Accounting And Finance For Managers A Decision Making Approach
ISBN: 9780749469139
1st Edition
Authors: Matt Bamber, Simon Parry