According to the (open source) 2017 Public 10K,
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Short Answer Questions (10 points each) 1. 2. 3. What are the major nancial statements used in nancial accounting? Who is responsible for establishing the rules of nancial accounting reporting? Why is it important for you to understand nancial accounting if you're not an accountant? Publix Annual Report Assignment ('10 Points total) Please refer to the nancial statements and the notes of the annual report aces-$099.65 .3 What is the nature of Publix's business? How does Publix make money? Where does Publix operate? Does Publix have a seasonality for its operations? Who is Publix's auditor? What is Publix's largest asset in 2017? Who is Publix's largest shareholder? How is Publix's revenue recognized for nancial reporting purposes? What are Publix's major expenses? ls Publix protable? Are there any discrepancies for the income statement between 2017 and 2016? (Hint review the notes to the consolidated nancial statements) How does Publix generate the majority of its cash ow? (refer to the Statement of Cash Flows) What amount of dividends did Publix pay during 2017? What is Publix's ROE for 2017 and 2016? How does it compare to thsvmajor competitor, Kroger? Exglain (you will need to do a search for Kroger's 10-K for 2017 and 2016) . What is Publix's ROA for 2017 and 2016? How does it compare to Esmajor competitor, Kroger? Explain (you will need to do a search for Kroger's 10-K for 2017 and 2016) What is Publix's RNOA for 2017 and 2016? What is Publix's prot margin for 2017 and 2016? Did it improve or decrease? Explain. What is Publix's operating expense margin for 2017 and 2016? Geog '6 Dear Stockholders and Associates, This year, we focused our efforts on coming Q All News Images Shopping Maps More Settings Tools About 26,600 results (1.07 seconds) "about" (and any subsequent words) was ignored because we limit queries to 32 words. [\"3\" 2017 Annual Report to Stockholders - Publix Investor Relations https:llwww.publixstockholder.comll.../stockholder..meeting/201 Tannualreportonfor... v Mar 1, 2018 Dear Stockholders and Associates,. This year, we focused our efforts on coming together to work toward a common This is the theme we used for our retail operations conference, where we bring our store managers together to talk with One Purpose, to be servant leaders. is part of what we believe in