Consolidated Balance Sheets -
USD ($) $ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current...
Consolidated Balance Sheets -
USD ($) $ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets
Cash
$ 390
$ 994
Short-term investments
5,864
6,309
Restricted cash and short-term
investments
695
774
Accounts receivable, net
1,425
1,771
Aircraft fuel, spare parts and
supplies, net
863
1,004
Prepaid expenses and
other
748
898
Total current assets
9,985
11,750
Operating property and
equipment
Flight equipment
33,185
28,213
Ground property and
equipment
6,402
5,900
Equipment purchase
deposits
1,067
1,230
Total property and...
At December 31, 2015, the trading securities for Storrer, Inc.
are as follows.
Security
Cost
Fair...
At December 31, 2015, the trading securities for Storrer, Inc.
are as follows.
Security
Cost
Fair Value
A $17,400 $16,200
B 12,300 13,800
C 23,500 19,200
$53,200 $49,200
Prepare the adjusting entry at December 31, 2015, to report the
securities at fair value. (Credit account titles are automatically
indented when amount is entered. Do not indent manually. If no
entry is required, select "No entry" for the account titles and
enter 0 for the amounts.)
Date
Account Titles and Explanation...
Income Statement and Balance Sheet
KRISPY KREME DOUGHNUTS, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
Year Ended...
Income Statement and Balance Sheet
KRISPY KREME DOUGHNUTS, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
Year Ended Feb. 1, 2015 (In thousands, except per share
amounts)
Revenues $ 383,984
Operating expenses:
Direct operating expenses (exclusive of depreciation and
amortization
shown below) 345,007
General and administrative expenses 23,458
Depreciation and amortization expense 8,709
Impairment charges and lease termination costs 548
Settlement of litigation — (14,930 )
Other operating (income) and expense, net 1,501
Operating income (loss) 4,761
Interest income 331
Interest expense...
Exercise 12-83
Dupont Analysis
Financial statements for Steele Inc. follow.
Steele
Inc.
Consolidated
Income Statements
(in...
Exercise 12-83
Dupont Analysis
Financial statements for Steele Inc. follow.
Steele
Inc.
Consolidated
Income Statements
(in
thousands except per share amounts)
2019
2018
2017
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740
$1,793,543
General and
administrative expenses
(1,259,896)
(1,202,042)
(1,080,843)
Special and
nonrecurring items
2,617
0
0
Operating income
$701,556
$788,698
$712,700
Interest expense
(63,685)
(62,398)
(63,927)
Other income
7,308
10,080
11,529
Gain on sale of
investments
0
9,117
0
Income before...
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740...
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740
$1,793,543
General and administrative
expenses
(1,259,896)
(1,202,042)
(1,080,843)
Special and nonrecurring items
2,617
-
-
Operating income
$701,556
$788,698
$712,700
Interest expense
(63,685)
(62,398)
(63,927)
Other income
7,308
10,080
11,529
Gain on sale of investments
-
9,117
-
Income before income taxes
$645,179
$745,497
$660,302
Provision for income taxes
254,000
290,000
257,000
Net income
$391,179
$455,497
$403,302
Net income per share
$1.08
$1.25
$1.11...
Exercise 12-81
Profitability Ratios
Financial statements for Steele Inc. follow.
Steele
Inc.
Consolidated
Income Statements
(in...
Exercise 12-81
Profitability Ratios
Financial statements for Steele Inc. follow.
Steele
Inc.
Consolidated
Income Statements
(in
thousands except per share amounts)
2019
2018
2017
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740
$1,793,543
General and
administrative expenses
(1,259,896)
(1,202,042)
(1,080,843)
Special and
nonrecurring items
2,617
0
0
Operating income
$701,556
$788,698
$712,700
Interest expense
(63,685)
(62,398)
(63,927)
Other income
7,308
10,080
11,529
Gain on sale of
investments
0
9,117
0
Income before...
Costco Wholesale Corporation
Consolidated Statements of Earnings
For Fiscal Years Ended ($ millions)
August 28, 2016...
Costco Wholesale Corporation
Consolidated Statements of Earnings
For Fiscal Years Ended ($ millions)
August 28, 2016
August 30, 2015
August 31, 2014
Revenue
Net Sales
$116,073
$113,666
$110,212
Membership fees
2,646
2,533
2,428
Total revenue
118,719
116,199
112,640
Operating expenses
Merchandise costs
102,901
101,065
98,458
Selling, general and administrative
12,068
11,445
10,899
Preopening expenses
78
65
63
Operating Income
3,672
3,624
3,220
Other income (expense)
Interest expense
(133)
(124)
(113)
Interest income and other, net
80
104
90
Income before...
Exercise 12-82
Stockholder Ratios
Financial statements for Steele Inc. follow.
Steele
Inc.
Consolidated
Income Statements
(in...
Exercise 12-82
Stockholder Ratios
Financial statements for Steele Inc. follow.
Steele
Inc.
Consolidated
Income Statements
(in
thousands except per share amounts)
2019
2018
2017
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740
$1,793,543
General and
administrative expenses
(1,259,896)
(1,202,042)
(1,080,843)
Special and
nonrecurring items
2,617
0
0
Operating income
$701,556
$788,698
$712,700
Interest expense
(63,685)
(62,398)
(63,927)
Other income
7,308
10,080
11,529
Gain on sale of
investments
0
9,117
0
Income before...
Required information
Comprehensive Problem 4
The following are the consolidated statement of earnings and the
balance...
Required information
Comprehensive Problem 4
The following are the consolidated statement of earnings and the
balance sheet of Home Depot, Inc and Subsidiaries.
THE HOME DEPOT, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
Fiscal Year Ended(1)
amounts in millions, except per share data
January
31,2016
February
1, 2015
February
2, 2014
NET SALES
$
66,192
$
71,299
$
77,359
Cost of Sales
43,752
47,292
51,341
GROSS PROFIT
22,440
24,007
26,018
Operating Expenses:
Selling, General and Administrative
15,886
17,828
17,051
Depreciation...