Question
Historical Financial Analysis of Publix Super Market of 2022. Your report should include answers to the following questions based on the 2022 10-K, stating where
Historical Financial Analysis of Publix Super Market of 2022.
Your report should include answers to the following questions based on the 2022 10-K, stating where you found the answers (page number and/or section of the 2022 10-K, the FASB Accounting Standards Codification, conclusions based upon your data spreadsheet, reference in textbook, etc.). 1. What was income tax expense in 2022? 2. How much are deferred income taxes in 2022? 3. What is the effective tax rate (ETR) expressed as a percentage? 4. What accounts and amounts make up the numerator and denominator of the ETF? 5. Does Publix use a valuation account in 2022? 6. What is the specific FASB ASC citation that describes the guidelines for determining the disclosure requirements to determine whether a valuation account is needed? 7. Does Publix retire shares or use treasury shares? 8. What is the value of retired or treasury shares in 2022? 9. Determine the specific FASB ASC citation for accounting for the requirement to record a small stock dividend at the fair value of the shares issued.
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