Question
Using your answers to the above questions, prepare a brief executive summary (no more than one page) analyzing the company and discussing future financial performance.
Using your answers to the above questions, prepare a brief executive summary (no more than one page) analyzing the company and discussing future financial performance.
| Balance sheet |
|
|
|
|
|
| (USD in millions) |
|
|
|
|
|
|
|
| YearEnd2017 |
|
|
|
| Assets |
|
|
| Liabilities |
|
| Current Assets |
|
|
| Current Liabilities |
|
|
|
|
|
| Short term debt | $ 3,897.00 |
| Cash & Cash equivalents |
| $ 6,877.00 |
| Non-current liabilities |
|
| Short term investments |
| $ 53,539.00 |
| Long term debt | $ 21,457.00 |
| Total current assets |
| $ 60,416.00 |
| Total liabilities | $ 25,354.00 |
| Non-current assets |
|
|
|
|
|
|
|
|
|
| Stockholders equity |
|
| Gross property, plant & equip |
| $ 12,427.00 |
| Common Stock | $ 22,340.00 |
| Accumulated Depreciation |
| $ (9,095.00) |
| Retained Earnings | $ 16,054.00 |
| Total non-current assets |
| $ 3,332.00 |
| Total stockholders equity | $ 38,394.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Assets |
| $ 63,748.00 |
| Total liab & stockholders equity | $ 63,748.00 |
|
|
|
|
|
|
|
| Income Statements | 2013 | 2014 | 2015 | 2016 | 2017 |
| (USD in millions) |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue | $ $ 43,218.00 | $ 46,061.00 | $ 48,607.00 | $ 47,142.00 | $49,161.00 |
| Cost of revenue | $(16,682.00) | $(17,852.00) | $(19,167.00) | $(19,373.00) | $(19,480.00) |
| Gross profit | $ 26,536.00 | $ 28,209.00 | $ 29,440.00 | $ 27,769.00 | $ 29,681.00 |
| Research & Development | $ (5,823.00) | $ (5,488.00) | $ (5,942.00) | $ (6,294.00) | $ (6,207.00) |
| Sales, General & Admin. | $(11,720.00) | $(11,969.00) | $(11,802.00) | $(11,437.00) | $(11,861.00) |
| Restructuring,merger&acqui | $ (799.00) | $ (304.00) | $ (105.00) | $ (418.00) | $ (484.00) |
| Operating income | $ 8,194.00 | $ 10,448.00 | $ 11,591.00 | $ 9,620.00 | $ 11,129.00 |
| Interest Expense | $ (628.00) | $ (596.00) | $ (583.00) | $ (564.00) | $ (566.00) |
| Income before taxes | $ 7,566.00 | $ 9,852.00 | $ 11,008.00 | $ 9,056.00 | $ 10,563.00 |
| Provision for income taxes | $ (1,335.00) | $ (2,118.00) | $ (1,244.00) | $ (1,862.00) | $ (2,220.00) |
| Net income | $ 6,231.00 | $ 7,734.00 | $ 9,764.00 | $ 7,194.00 | $ 8,343.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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
The Access Audit Handbook An Inclusive Approach To Auditing Buildings
Authors: Centre For Accessible Environments
3rd Edition
1914124839, 978-1914124839
