Question
After examining the financial statements of the company Anheuser Busch and the accompanying notes, highlight the below from the companys financial statements: The below items
After examining the financial statements of the company Anheuser Busch and the accompanying notes, highlight the below from the company’s financial statements:
The below items from the consolidated income statement and the notes:
Gross sales revenue,
Net income before taxes and net income after taxes,
Income tax provision for the year. How much of that number was deferred?
Both basic and diluted EPS. What were the main dilution items included in the calculation of the diluted EPS?
Can you figure out from the notes how much expenses were recognized in the income statement as a result of lease contracts?
Can you figure out from the notes how much expenses were recognized in the income statement as a result of employee pension plans?
Can you figure out from the notes how much expenses were recognized in the income statement as a result of employee stock-based compensation?
The following items from the consolidated balance sheet and the notes:
Total assets including total current assets and total noncurrent assets,
Total liabilities and total stockholders’ equity,
How much retained earnings or deficit? Did it increase or decrease during the year?
How much was the Cumulative Other Comprehensive Income (OCI)? List the main items that generated the gains and losses included in the OCI.
How much were the Deferred Tax Assets and Deferred Tax Liabilities? List the main temporary differences that created deferred taxes as disclosed by the company.
How much were the lease asset (right of use) recognized and the lease liabilities recognized by the company?
If the company has defined benefit pension plan, how much was the pension plan assets and liabilities as recognized by the company?
The following items from the consolidated cash flow statement and the notes:
How much net cash flow from operation, investing, and financing activities? How every one of the three numbers changed compared with the year before?
Did the company use direct or indirect method to prepare the cash flow from operating activities?
If the company used indirect method for operating cash, list the main items used in reconciling reported Net Income into net cash flows from operating activities
Step by Step Solution
3.47 Rating (167 Votes )
There are 3 Steps involved in it
Step: 1
Gross sales revenue Net income before taxes and net income after taxes Income tax provision for the year How much of that number was deferred You can find the gross sales revenue net income before tax...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started