Refer to the financial statements and the accompanying notes of Cadbury plc, available online. Required: 1. Is

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Refer to the financial statements and the accompanying notes of Cadbury plc, available online.

Required:
1. Is the company a corporation, a partnership, or a proprietorship? How do you know?
2. Use the company's statement of financial position to determine the amounts in the accounting equation \((A=L+S E)\).
3. The company shows on the statement of financial position that inventories are reported at \(£ 767\) million. Does this amount represent the expected selling price? Why or why not?
4. What is the company's fiscal year-end? Where did you find the exact date?
5. What are the company's non-current liabilities?
6. Compute the company's debt-to-equity ratio and explain its meaning.
7. How much cash did the company spend on purchasing property, plant, and equipment each year (capital expenditures)? Where did you find the information?

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780070001497

4th Canadian Edition

Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby

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