Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Case Study Requires written presentation as follows: Analyze the financial statements provided herein. When necessary, stadent must acquire or develop other financial statements or financial

image text in transcribed
image text in transcribed
Case Study Requires written presentation as follows: Analyze the financial statements provided herein. When necessary, stadent must acquire or develop other financial statements or financial reports as needed to support an independent analysis. Using the five attributes and required format below to Identify one significant problem/issue. Five Attributes must be ordered as follows: . Condition (15 points) "A" Finding within cash flow statement and relevant other financial statement. 2. Cause that directly connect Performance to Stated (I5 Points) Triggers (ratios) Condition. (25 points) relevant financial statement (s); supported by 3. Effect Impact on causal ratios 4. Criteria (30 points) Must show corroboration (requires at least two ratios supporting one Cause. 5. Recommendation (15 points) Five attribute model to analyze each assigned case. (1) Condition Statement: Start by reviewing cash flow statement a performance detractor that is traceable to either the balance sheet, income statement or statement of owners equity. Hint: the income statement is more often NOT the right hole to dig Note: A balance sheet variance analysis or trend analysis is required. Visit the internet to find financial statement for this case. (2) Cause statement: Cite no less than two specific ratios directly impacting stated performance. Note: The CAUSE must directly contribute to CONDITION statement (3) Effect: Identify ONLY a relevant increase or decrease traceable to specific cause of the condition Note: show source (financial statement accounts.and ratios cited in causel of measures. (4) Criteria: What benchmarks for comparison to actual are you using? Note: Industry average ratios or otherli.e., is acceptable for this class if you compare a group of ratios for this company three years into the future as stated is Case 2.1). The results of this comparison should be used to highlight degree of variance to norm (5) Recommendation: Based on aforementioned findings what corective actions do you feel is deemed necessary? All work must come from you. Any other source will detract from your performance. Your Graded sabmission can not exceed one page. Financial Statements and other support is subemitted as attachments to your one page graded submission. Brevity ncouragod. Your Graded submission can not exceed two pages. Financial Your Graded submission can not exceed one page. Financial Statements and other support is submitted as attachments to your one page graded submission. Brevity encouraged Your Graded submission can not exceed two pages. Financial Statements and other support is submitted as attachments to your one or two page graded submission. A late upload will not be accepted. If exception is reasonable, I appreciate the extra time created for a thorough review. Case 2.3 (a) Walgreen Co. and Subsidiaries Common Size Balance Sheet August 31 Assets 20 Current Assets: Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total Current Assets Non-Current Assets Property and equipment, at cost less depreciation and accumulated amortization Equity investment in Alliance Boots Alliance Boots call option Goodwill Other non-current assets Total Non-Current Assets Total Assets Liabilities and Shareholders' Equity Current Liabilities Short-term borrowings Trade accounts payable Accrued expenses and other liabilities Income taxes Total Current Liabilities Non-Current Liabilities Long-term debt Deferred income taxes Other non-current liabilities Total Non-Current Liabilities Total Liabilities Shareholders' Equity Common stock Paid-in capital Employee stock loan receivable Retained earnings Accumulated other comprehensive (loss) income Treasury stock, at cost Total Shareholders' Equity Case Study Requires written presentation as follows: Analyze the financial statements provided herein. When necessary, stadent must acquire or develop other financial statements or financial reports as needed to support an independent analysis. Using the five attributes and required format below to Identify one significant problem/issue. Five Attributes must be ordered as follows: . Condition (15 points) "A" Finding within cash flow statement and relevant other financial statement. 2. Cause that directly connect Performance to Stated (I5 Points) Triggers (ratios) Condition. (25 points) relevant financial statement (s); supported by 3. Effect Impact on causal ratios 4. Criteria (30 points) Must show corroboration (requires at least two ratios supporting one Cause. 5. Recommendation (15 points) Five attribute model to analyze each assigned case. (1) Condition Statement: Start by reviewing cash flow statement a performance detractor that is traceable to either the balance sheet, income statement or statement of owners equity. Hint: the income statement is more often NOT the right hole to dig Note: A balance sheet variance analysis or trend analysis is required. Visit the internet to find financial statement for this case. (2) Cause statement: Cite no less than two specific ratios directly impacting stated performance. Note: The CAUSE must directly contribute to CONDITION statement (3) Effect: Identify ONLY a relevant increase or decrease traceable to specific cause of the condition Note: show source (financial statement accounts.and ratios cited in causel of measures. (4) Criteria: What benchmarks for comparison to actual are you using? Note: Industry average ratios or otherli.e., is acceptable for this class if you compare a group of ratios for this company three years into the future as stated is Case 2.1). The results of this comparison should be used to highlight degree of variance to norm (5) Recommendation: Based on aforementioned findings what corective actions do you feel is deemed necessary? All work must come from you. Any other source will detract from your performance. Your Graded sabmission can not exceed one page. Financial Statements and other support is subemitted as attachments to your one page graded submission. Brevity ncouragod. Your Graded submission can not exceed two pages. Financial Your Graded submission can not exceed one page. Financial Statements and other support is submitted as attachments to your one page graded submission. Brevity encouraged Your Graded submission can not exceed two pages. Financial Statements and other support is submitted as attachments to your one or two page graded submission. A late upload will not be accepted. If exception is reasonable, I appreciate the extra time created for a thorough review. Case 2.3 (a) Walgreen Co. and Subsidiaries Common Size Balance Sheet August 31 Assets 20 Current Assets: Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total Current Assets Non-Current Assets Property and equipment, at cost less depreciation and accumulated amortization Equity investment in Alliance Boots Alliance Boots call option Goodwill Other non-current assets Total Non-Current Assets Total Assets Liabilities and Shareholders' Equity Current Liabilities Short-term borrowings Trade accounts payable Accrued expenses and other liabilities Income taxes Total Current Liabilities Non-Current Liabilities Long-term debt Deferred income taxes Other non-current liabilities Total Non-Current Liabilities Total Liabilities Shareholders' Equity Common stock Paid-in capital Employee stock loan receivable Retained earnings Accumulated other comprehensive (loss) income Treasury stock, at cost Total Shareholders' Equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions