Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the compaines are apple and samsung Managerial Accounting Group Project Select a publicly traded company as well as one of their competitors within the same

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribedthe compaines are apple and samsung
image text in transcribed
image text in transcribed
Managerial Accounting Group Project Select a publicly traded company as well as one of their competitors within the same industry and gather the latest two years of their financial statements. Prepare a horizontal analysis, vertical analysis, common-sized statement, and the following ratios: current ratio, cash ratio, acid-test ratio, inventory turnover ratio, days' sales in inventory ratio, days' sales in receivables, and the gross profit percentage (if you feel that additional ratios will support your findings in relation to the overall financial state of the company feel free to include them in your analysis). Upon completion of your financial analysis, prepare a 1-2 page discussion of your findings. Discuss the overall financial state of your chosen company as well as the financial state of their competitor including some key differences between the companies and recommendations for making improvements within your chosen company. the two companies are Adams Toys and Jerrys playhouse w 12 Moth Ended CONSOLIDATED STATEMENTS OF OPERATIONS- USD (S) shares in Thousands, Sin Millions Not sales Cost of sales Gross margin Operating expenses: Sep 28, 2019 S .174 161.7 Sep 29, 2018 $265.595 163.756 101.8.19 16217 18 245 3442 61910 Research and development Selling general and administrative Total operating expenses Operating income Other income expense), net Income before provision for income taxes Prowision for income taxes Net income Earnings per share: 1807 65.737 10451 S55.256 14.236 16,705 30 941 70.898 2.005 72.903 13,372 $ 59,531 $11.97 Basis in dollars per share) Diluted (in dollars per share) Shares used in computing earnings per share: $ 12.01 $11.91 461744 4945 377 Basic in shares) Diluted in shares) Products Nosales Cost of sales Services 521383 144.996 $225,847 148,164 39.748 $15.992 Cost of sales S 16785 Ganhand Mar A ivable, 346 Vener d e receivables 12:33 Chan Tutal t a N- Market Property plant and Other current A postle Other une bites Term Total Term 94 2008 C andcontentos Share S de la ura 12.400,000 444121647540i anding the d c Admin Total hardes qui Tuales and they Sin Millions Current assets: Cash and cash equivalents $48.544 $ 25,913 Marketable securities $1.713 40,388 Accounts receivable, et 23.186 4,106 Inventories Vendor non-trade receivables 3.956 25.809 Other current assets 12,352 12,087 Total current assets 169819 Non-current assets: Marketable securities 105.341 170,799 Property, plant and equipment, net 37,378 Other non-current assets Total non-current assets 175.697 234186 338.516 Total assets Current liabilities: 365,725 Accounts payable 55,888 Other current liabilities 37.720 33.327 Deferred revenue 5.522 5.966 Commercial paper 5.980 11.964 Term debt Total current liabilities 10.250 105.718 8784 115099 Non-current liabilities: Term debt Other non-current liabilities 917 Se seg 93.735 48.914 Total non-current liabilities 142230 142.649 Total liabilities 24802 258,578 Commitments and contingencies counts receivable.net 22.926 23,186 entories ndor non-trade receivables 4,106 22,878 3.956 25,809 aer current assets 12,352 12.087 al current assets 162,819 131,339 n-current assets: arketable securities 105,341 170,799 perty, plant and equipment, net 37,378 41,304 er non-current assets 32,978 22,283 al non-current assets 175,697 234,386 338,516 365,725 al assets rrent liabilities: counts payable 46.236 55.888 aer current liabilities 37,720 33,327 erred revenue 5,522 5,966 mmercial paper 5.980 11.964 m debt al current liabilities 10.260 105,718 8.784 115,929 -current liabilities: m debt er non-current liabilities 91.807 50,503 93.735 48,914 al non-current liabilities 142,310 142,649 al liabilities 248.028 258,578 mmitments and contingencies Managerial Accounting Group Project Select a publicly traded company as well as one of their competitors within the same industry and gather the latest two years of their financial statements. Prepare a horizontal analysis, vertical analysis, common-sized statement, and the following ratios: current ratio, cash ratio, acid-test ratio, inventory turnover ratio, days' sales in inventory ratio, days' sales in receivables, and the gross profit percentage (if you feel that additional ratios will support your findings in relation to the overall financial state of the company feel free to include them in your analysis). Upon completion of your financial analysis, prepare a 1-2 page discussion of your findings. Discuss the overall financial state of your chosen company as well as the financial state of their competitor including some key differences between the companies and recommendations for making improvements within your chosen company. the two companies are Adams Toys and Jerrys playhouse w 12 Moth Ended CONSOLIDATED STATEMENTS OF OPERATIONS- USD (S) shares in Thousands, Sin Millions Not sales Cost of sales Gross margin Operating expenses: Sep 28, 2019 S .174 161.7 Sep 29, 2018 $265.595 163.756 101.8.19 16217 18 245 3442 61910 Research and development Selling general and administrative Total operating expenses Operating income Other income expense), net Income before provision for income taxes Prowision for income taxes Net income Earnings per share: 1807 65.737 10451 S55.256 14.236 16,705 30 941 70.898 2.005 72.903 13,372 $ 59,531 $11.97 Basis in dollars per share) Diluted (in dollars per share) Shares used in computing earnings per share: $ 12.01 $11.91 461744 4945 377 Basic in shares) Diluted in shares) Products Nosales Cost of sales Services 521383 144.996 $225,847 148,164 39.748 $15.992 Cost of sales S 16785 Ganhand Mar A ivable, 346 Vener d e receivables 12:33 Chan Tutal t a N- Market Property plant and Other current A postle Other une bites Term Total Term 94 2008 C andcontentos Share S de la ura 12.400,000 444121647540i anding the d c Admin Total hardes qui Tuales and they Sin Millions Current assets: Cash and cash equivalents $48.544 $ 25,913 Marketable securities $1.713 40,388 Accounts receivable, et 23.186 4,106 Inventories Vendor non-trade receivables 3.956 25.809 Other current assets 12,352 12,087 Total current assets 169819 Non-current assets: Marketable securities 105.341 170,799 Property, plant and equipment, net 37,378 Other non-current assets Total non-current assets 175.697 234186 338.516 Total assets Current liabilities: 365,725 Accounts payable 55,888 Other current liabilities 37.720 33.327 Deferred revenue 5.522 5.966 Commercial paper 5.980 11.964 Term debt Total current liabilities 10.250 105.718 8784 115099 Non-current liabilities: Term debt Other non-current liabilities 917 Se seg 93.735 48.914 Total non-current liabilities 142230 142.649 Total liabilities 24802 258,578 Commitments and contingencies counts receivable.net 22.926 23,186 entories ndor non-trade receivables 4,106 22,878 3.956 25,809 aer current assets 12,352 12.087 al current assets 162,819 131,339 n-current assets: arketable securities 105,341 170,799 perty, plant and equipment, net 37,378 41,304 er non-current assets 32,978 22,283 al non-current assets 175,697 234,386 338,516 365,725 al assets rrent liabilities: counts payable 46.236 55.888 aer current liabilities 37,720 33,327 erred revenue 5,522 5,966 mmercial paper 5.980 11.964 m debt al current liabilities 10.260 105,718 8.784 115,929 -current liabilities: m debt er non-current liabilities 91.807 50,503 93.735 48,914 al non-current liabilities 142,310 142,649 al liabilities 248.028 258,578 mmitments and contingencies

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

CPA Excel Auditing And Attestation

Authors: Robert A. Prentice

1st Edition

0977165876, 978-0977165872

More Books

Students also viewed these Accounting questions

Question

=+Are terminology, menu descriptions, and system

Answered: 1 week ago

Question

Compare levels of resolution in conflict outcomes?

Answered: 1 week ago

Question

Strategies for Managing Conflict Conflict Outcomes?

Answered: 1 week ago