Question

In: Accounting

In using Verizon Communications Inc 2017 to 2019 SEC 10K Annual financial statements reports( Balance sheet,...

In using Verizon Communications Inc 2017 to 2019 SEC 10K Annual financial statements reports( Balance sheet, Income Statement and Cash Flow Statement) describe Verizon's Capital Expenditures and Investment Decisions.

Solutions

Expert Solution

Varizon Capital Expenditures

Verizon Communications Inc. hiked its expected capital expenditure range for 2020 to between $17.5 billion and $18.5 billion in a bid to speed up its move to next-generation 5G networks.

The figures are up from the U.S. carrier's previous forecast range of $17 billion to $18 billion.

Operators continue to invest through the roiling economic picture, including lifting scalable infrastructure, or SI, spending for increased bandwidth. Though operators are servicing a reduced number of residential subscriptions across the traditional triple play, declining penetration rates have not significantly crimped footprint expansion represented in line extension capex.

Spending Trend

Investment Decision

Basically company undersrand the user need in amid lockdown , They observed that people are not using so much data as compared to when industries were working. After surveying it comes to company knowledge that customer did not get satisfied network inside market.

Here company investment decision comes if customer get good network they would definitely pay good amount & idea got work.Verizon added that it has not seen any "measurable" increase in data use since the onset of the new coronavirus outbreak. The company committed to boosting the capacity of its wireless and fiber networks in response to a potential increase in data usage demand.


Related Solutions

Selected balance sheet and income statement information from Verizon Communications Inc. follows. $ millions 2016 2015...
Selected balance sheet and income statement information from Verizon Communications Inc. follows. $ millions 2016 2015 Current assets . . . . . . . . . . . . . . . . . . . . . . . . . $ 26,395 $ 22,355 Current liabilities. . . . . . . . . . . . . . . . . . . . . . . . 30,340 35,052 Total debt . . . ....
Morrissey Technologies Inc.'s 2019 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of...
Morrissey Technologies Inc.'s 2019 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of December 31, 2019 Cash $180,000 Accounts payable $360,000 Receivables 360,000 Notes payable 56,000 Inventories 720,000 Accrued liabilities 180,000 Total current assets $1,260,000 Total current liabilities $596,000 Long-term debt 100,000 Fixed assets 1,440,000 Common stock 1,800,000 Retained earnings 204,000 Total assets $2,700,000 Total liabilities and equity $2,700,000 Morrissey Technologies Inc.: Income Statement for December 31, 2019 Sales $3,600,000 Operating costs including depreciation 3,279,720 EBIT $320,280...
Morrissey Technologies Inc.'s 2019 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of...
Morrissey Technologies Inc.'s 2019 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of December 31, 2019 Cash $180,000 Accounts payable $360,000 Receivables 360,000 Notes payable 56,000 Inventories 720,000 Accrued liabilities 180,000 Total current assets $1,260,000 Total current liabilities $596,000 Long-term debt 100,000 Fixed assets 1,440,000 Common stock 1,800,000 Retained earnings 204,000 Total assets $2,700,000 Total liabilities and equity $2,700,000 Morrissey Technologies Inc.: Income Statement for December 31, 2019 Sales $3,600,000 Operating costs including depreciation 3,279,720 EBIT $320,280...
Morrissey Technologies Inc.'s 2019 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of...
Morrissey Technologies Inc.'s 2019 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of December 31, 2019 Cash $180,000 Accounts payable $360,000 Receivables 360,000 Notes payable 56,000 Inventories 720,000 Accrued liabilities 180,000 Total current assets $1,260,000 Total current liabilities $596,000 Long-term debt 100,000 Fixed assets 1,440,000 Common stock 1,800,000 Retained earnings 204,000 Total assets $2,700,000 Total liabilities and equity $2,700,000 Morrissey Technologies Inc.: Income Statement for December 31, 2019 Sales $3,600,000 Operating costs including depreciation 3,279,720 EBIT $320,280...
In using Verizon Communications Inc as a case analysis, what is their product portfolio, competitors and...
In using Verizon Communications Inc as a case analysis, what is their product portfolio, competitors and competitive Environment?/
Review the Financial Year 2019 audited annual reports including financial statements presented to the shareholders for...
Review the Financial Year 2019 audited annual reports including financial statements presented to the shareholders for the following organisations:  Ramsay Health Care Ltd  Telstra Ltd Assume that your audit team is responsible for planning the audits for both companies for the most recent financial year. REQUIRE: Identify at least three inherent risks that you would have to consider for each company in the audit planning phase and justify your answer. Cite the relevant ASAs/ISAs to support your answer.
Ann Inc. reports the following in its 2019 annual report. $ thousands 2019 2018 2017 Gross...
Ann Inc. reports the following in its 2019 annual report. $ thousands 2019 2018 2017 Gross sales 53,647 52,546 52,824 Sales allowance at year end 241.41 189.16 105.65 Calculate the Sales allowance/Gross sales for the past three years and discuss any trend in this metric. What type of trends are indicated: favorable or unfavorable trend?
1. Research the Financial Statement for Verizon Communications Inc. 2. Define the following ratios, include the...
1. Research the Financial Statement for Verizon Communications Inc. 2. Define the following ratios, include the ratio for your business and explain what each ratio means for the business moving forward. Return on assets Return on equity Return on capital Gross margin SG&A margin Current ratio Quick ratio Total debt/equity Total revenue Gross profit 3. Explain which ratios you feel are most important for the business and why. You can refer to the attached table or use the following website.......
Verizon Communications financial leverage the last 3 years. Debt to Assets Ratio: 2016= 91% 2017= 83%...
Verizon Communications financial leverage the last 3 years. Debt to Assets Ratio: 2016= 91% 2017= 83% 2018=80% Debt to Equity Ratio: 2016=4.68% 2017= 2.64% 2018=1.99% Interest Coverage Ratio: 2016=5.80% 2017=5.35% 2018= 5.06% How is Verizon financing it's assets? Discuss how much risk is associated with the bonds issued by the company? How can this risk be measured? Please Explain.
Stevens Textile Corporation's 2019 financial statements are shown below: Balance Sheet as of December 31, 2019...
Stevens Textile Corporation's 2019 financial statements are shown below: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $1,080.00 Accounts payable $4,320 Receivables $6,480.00 Accruals 2,880 Inventories $9,000.00 Line of credit 0    Total current assets $16,560.00 Notes payable 2,100 Net fixed assets $12,600.00    Total current liabilities $9,300 Mortgage bonds 3,500 Common stock 3,500 Retained earnings 12,860    Total assets $29,160.00    Total liabilities and equity $29,160 Income Statement for December 31, 2019 (Thousands of Dollars) Sales...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT