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You were given the balance sheet from Company A and the calculation for the percentage change of the balance sheet from 2002 to 2006:
You were given the balance sheet from Company A and the calculation for the percentage change of the balance sheet from 2002 to 2006:
Fiscal Year | 2006 | 2005 | 2004 | 2003 | 2002 |
Assets | |||||
Cash and Marketable Securities | $614 | $807 | $2,165 | $2,852 | $2,253 |
Receivables | 3,223 | 2,396 | 1,499 | 1,097 | 1,072 |
Inventories | 12,822 | 11,401 | 10,076 | 9,076 | 8,338 |
Other Current Assets | 1,341 | 665 | 533 | 303 | 254 |
Total Current Assets | $18,000 | $15,269 | $14,273 | $13,328 | $11,917 |
Property, Plant, and Equip.,net | 26,605 | 24,901 | 22,726 | 20,063 | 17,168 |
Goodwill | 6,314 | 3,684 | 1,412 | 833 | 575 |
Other Assets | 1,344 | 551 | 609 | 213 | 351 |
Total Assets | $52,263 | $44,405 | $39,020 | $34,437 | $30,011 |
Liabilities and Equity | |||||
Accounts Payable | $7,356 | $6,032 | $5,766 | $5,159 | $4,560 |
Accrued expense | 1,295 | 3,311 | 2,971 | 2,430 | 2,243 |
Deferred revenue | 1,634 | 1,757 | 1,546 | 1,281 | 998 |
Other current liabilities | 2,646 | 1,801 | 172 | 684 | 234 |
Total current liability | $12,931 | $12,901 | $10,455 | $9,554 | $8,035 |
Noncurrent long-term debt | 11,643 | 2,672 | 2,148 | 856 | 1,321 |
Other long-term debt | 2,969 | 2,194 | 2,378 | 1,634 | 708 |
Common stock | 8,051 | 7,407 | 6,769 | 6,303 | 5,976 |
Retained earnings | 33,052 | 28,943 | 23,962 | 19,680 | 15,971 |
Treasury stock | -16,383 | -9,712 | -6,692 | -3,590 | -2,000 |
Total Equity | 24,720 | 26,638 | 24,039 | 22,393 | 19,947 |
Total liabilities and equity | $52,263 | $44,405 | $39,020 | $34,437 | $30,011 |
Percentage Change Balance Sheets | ||||
2006 | 2005 | 2004 | 2003 | |
Assets | ||||
Cash and marketable securities | -23.9% | -62.7% | -24.1% | 26.6% |
Receivables | 34.5% | 59.8% | 36.6% | 2.3% |
Inventories | 12.5% | 13.2% | 11.0% | 8.9% |
Other current assets | 101.7% | 24.8% | 75.9% | 19.3% |
Property, plant, and equip., net | 6.8% | 9.6% | 13.3% | 16.9% |
Goodwill | 71.4% | 160.9% | 69.5% | 44.9% |
Other assets | 143.9% | -9.5% | 185.9% | -39.3% |
Total assets | 17.7% | 13.8% | 13.3% | 14.7% |
Liabilities and Equity | ||||
Accounts payable | 21.9% | 4.6% | 11.8% | 13.1% |
Accrued expenses | -60.9% | 11.4% | 22.3% | 8.3% |
Deferred revenue | -7.0% | 13.6% | 20.7% | 28.4% |
Other current liabilities | 46.9% | 947.1% | -74.9% | 192.3% |
Noncurrent long-term debt | 335.7% | 24.4% | 150.9% | -35.2% |
Other long-term liabilities | 35.3% | -7.7% | 45.5% | 130.8% |
Common stock | 8.7% | 9.4% | 7.4% | 5.5% |
Retained earnings | 14.2% | 20.8% | 21.8% | 23.2% |
Treasury stock | 68.7% | 45.1% | 86.4% | 79.5% |
Total liabilities and equity | 17.7% | 13.8% | 13.3% | 14.7% |
Required:
1) Write an in-depth firm performance evaluation in detail based on the percentage change - showcasing important percentage change figures and its implication on the company's financial performance.
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Step: 1
1 Asset Performance Total Assets Company A experienced consistent growth in total assets from 2002 to 2006 with a 177 increase in 2006 This indicates the companys ability to expand its asset base and ...Get Instant Access to Expert-Tailored Solutions
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