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Answer the following questions using Hewlett Packards Annual Report for fiscal year 2014. Fiscal year 2014 begins on November 1, 2013 and ends October 31,

Answer the following questions using Hewlett Packards Annual Report for fiscal year 2014. Fiscal year 2014 begins on November 1, 2013 and ends October 31, 2014.?detailed please?

1. Give HPs Balance Sheet Equation at October 31, 2014.

2. What is HPs Total Stockholders Equity (i.e., book value of equity) at October 31, 2014? What is HPs market value of equity (i.e., the value on Wall Street) at October 31, 2014? Are the two values the same? Why or why not?

3. What is HPs Retained Earnings at October 31, 2014? At October 31, 2013?

4. What is HPs Net Earnings for fiscal year 2014? What is HP doing with most of its Net Earnings retaining it for use in the business or distributing it to shareholders?

5. Is HPs Net Earnings for 2014 the same as their Cash from Operating Activities? Why or why not?

6. How much cash does HP have on hand at October 31, 2014? Is this amount the same as, greater than, or smaller than the amount they had the year before (i.e., on October 31, 2013)? What are HPs major sources and uses of cash in 2014?

7. What did HPs auditors conclude about HPs 2014 Financial Statements?image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

HEWLETT PACKARD COMPANY AND SUBSIDIARIES Consolidated Statements of Earnings For the fiscal years ended October 31 2014 2013 2012 In millions, except per share amounts Net revenue: Products 73,726 72,398 77,887 Services 37,327 39,453 42,008 Financing income 401 447 462 Total net revenue 111,454 112,298 120,357 Costs and expenses: Cost of products 56,469 55,632 59,468 Cost of services 28,093 30,436 32,600 Financing interest 277 312 317 Research and development 3,447 3,135 3,399 Selling, general and administrative 13,353 13,267 13,500 Amortization of intangible assets 1,000 1,373 1,784 Impairment of goodwill and intangible assets 18,035 Restructuring charges 1,619 990 2,266 Acquisition-related charges 11 45 Total operating expenses 104,269 105,167 131,414 Earnings (loss) from operations 7,185 7,131 (11,057) Interest and other, net (628) (621) (876) Earnings (loss) before taxes 6,557 6,510 (11,933) Provision for taxes (,544) (1,397) (717) Net earnings (loss) 5,013 5,113 (12,650) Net earnings (loss) per share: 2.66 2.64 (6.41) Basic 2.62 (6.41) Diluted 2.62 Weighted-average shares used to compute net earnings (loss) per share Basic 1,882 1,934 1,974 Diluted 1,912 1,950 1,974

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