Question

In: Finance

Case 3.3 Logitech International S.A Question: from the Logitech international S.A form 10-k analyze the profitability...

Case 3.3 Logitech International S.A

Question: from the Logitech international S.A form 10-k analyze the profitability of Logitech

Solutions

Expert Solution

Company Overview

Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, we develop and market innovative hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet.
Logitech was founded in Switzerland in 1981, and Logitech International S.A. has been the parent holding company of Logitech since 1988. Logitech International S.A. is a Swiss holding company with its registered office in Apples, Switzerland, which conducts its business through subsidiaries in Americas (including North and South America), EMEA (Europe, Middle East, Africa) and Asia Pacific (including, among other countries, China, Taiwan, Japan and Australia).


Logitech has two operating segments:

* Peripherals

Peripherals segment, which includes retail and OEM channels, encompasses the design, manufacturing and marketing of peripherals for PCs (personal computers), tablets and other digital platforms.

* Video conferencing

Video conferencing segment encompasses the design, manufacturing and marketing of video conferencing products, infrastructure and services for the enterprise, public sector, and other business markets

Using the Consolidated Statements of Operations and the excerpts from the Logitech International S.A. Form 10-K, analyze the profitability of Logitech. Analysis should include the following calculations for all three years:

(a) Common-size income statements.

(b) Effective tax rates.

(c) Growth rates of sales and total operating costs.

Written analysis and interpretation should include explanations for why trends
have occurred.

The following excerpts are from the Logitech International S.A. Form 10-K.

Please find the attachment for Logitech International S.A Consolidated Statements of Operations.



Related Solutions

Retrieve the Form 10-K for Papa John’s International for the year ending December 31, 2017. Papa...
Retrieve the Form 10-K for Papa John’s International for the year ending December 31, 2017. Papa John’s Form 10-K can be accessed through the SEC EDGAR database at https://www.sec.gov/Archives/edgar/data/901491/000155837018001176/pzza-20171231x10k.htm#Item2Properties_626380 Hints: You will need to search the financial statement footnotes to find some of the information. Also, the financial statements are in thousands, except for per share amounts. If a number is in thousands, please indicate this by writing out the full number or writing ‘(in thousands)’. Furthermore, you will not...
1. What is the difference between a Form 10–K and a Form 10–Q? (Provide Detailed Description)...
1. What is the difference between a Form 10–K and a Form 10–Q? (Provide Detailed Description) 2.What was the purpose of creating the EDGAR system?
Based on case "Carrefour S.A.", answer the following question Pinduoduo (PDD) is trying to issue a...
Based on case "Carrefour S.A.", answer the following question Pinduoduo (PDD) is trying to issue a 5-year note. Because it is a Chinese firm listed in the US, it wants to test the eurobond market by considering raising money in USD. The current exchange rate between Chinese RMB to USD is 0.14, i.e. every Chinese RMB can be exchanged to 0.14 USD. The term structure in China and US can be found in the following table for the next 5...
Choice Hotels Marriott International (2016/2015)-1 (2016/2015)-1 10-K CHH 2016 10-K Report CHH 2015 10-K Report 10-K...
Choice Hotels Marriott International (2016/2015)-1 (2016/2015)-1 10-K CHH 2016 10-K Report CHH 2015 10-K Report 10-K USD ($) $ in Millions MAR 2016 10-K Report MAR 2015 10-K Report Choice percent change from 2015 to 2016 Marriott percent change from 2015 to 2016 Account Name 2016 10-K 2015 10-K Account Name 2016 10-K 2015 10-K Choice Marriott ASSETS ASSETS Current assets Current assets Cash and cash equivalents $                      202,463.00 $                      193,441.00 Cash and equivalents $                       858,000.00 $                         96,000.00 Receivables (net...
Choice Hotels Marriott International (2016/2015)-1 (2016/2015)-1 10-K CHH 2016 10-K Report CHH 2015 10-K Report 10-K...
Choice Hotels Marriott International (2016/2015)-1 (2016/2015)-1 10-K CHH 2016 10-K Report CHH 2015 10-K Report 10-K MAR 2016 10-K Report MAR 2015 10-K Report Choice percent change from 2015 to 2016 Marriott percent change from 2015 to 2016 Account Name 2016 10-K 2015 10-K Account Name 2016 10-K 2015 10-K Choice Marriott CASH FLOWS FROM OPERATING ACTIVITIES OPERATING ACTIVITIES OPERATING ACTIVITIES Net income $                      139,371.00 $                      128,029.00 Net income $                             780,000 $                             859,000 Net income 9% -9% Adjustments to reconcile...
Question 2 Access the most recent Form 10-K (year 2017) for both Exxon Mobil and Chevron...
Question 2 Access the most recent Form 10-K (year 2017) for both Exxon Mobil and Chevron and answer the following questions. Required: a. Determine whether each company’s foreign operations have a predominant functional currency. Discuss the implication this has for the comparability of financial statements between the two companies. b. Determine the amount of translation adjustment, if any, reported in other comprehensive income in each of the three most recent years. Explain the sign (positive or negative) of the translation...
Below is taken from Ametek’s reportable segment financial information note to their 2017 Form 10-K: In...
Below is taken from Ametek’s reportable segment financial information note to their 2017 Form 10-K: In thousands                                                                     2017                                        2016 Net Sales:     Electronic Instruments                                            $2,690,554                                  Electromechanical                                                   1,609,616                              Operating Income:     Electronic Instruments                                                677,489                                          Electromechanical                                                      310,875                                    Operating Assets:     Electronic Instruments                                            4,803,575                                 4,104,972     Electromechanical                                                  2,535,503                                 2,446,180 Calculate for 2017 (Please show your work):                                                             ROI                             Margin                        Turnover Electronic Instruments                 ____________               ___________                 ___________ Electromechanical                       ____________               ___________                 ___________ Compare the relative profitability of Ametek’s Electronic Instruments and Electromechanical segments.
Using the company McDonald (2017 or 2018) annual report (or Form 10-K) from the company's Investor...
Using the company McDonald (2017 or 2018) annual report (or Form 10-K) from the company's Investor Relations web page and other credible internet sources, develop a short (1.5 to 2 page) profile of the corporation. Obtain and attach a PDF version of the most recent annual report (or Form 10-K) from the company's web site. Include the following information: Name of the corporation and location of corporate headquarters. State of incorporation. The stock exchange on which the company's stock is...
Using the company Walmart (2017 or 2018) annual report (or Form 10-K) from the company's Investor...
Using the company Walmart (2017 or 2018) annual report (or Form 10-K) from the company's Investor Relations web page and other credible internet sources, develop a short (1.5 to 2 page) profile of the corporation. Obtain and attach a PDF version of the most recent annual report (or Form 10-K) from the company's web site. Include the following information: Name of the corporation and location of corporate headquarters. State of incorporation. The stock exchange on which the company's stock is...
Obtain Tesla's most recent annual report or Form 10-K. The Form 10-K can be obtained from (A) from the investor relations section of the company's Web site or (B) by using the company search feature of the SEC's EDGAR database.
Tesla is the company.Obtain Tesla's most recent annual report or Form 10-K. The Form 10-K can be obtained from (A) from the investor relations section of the company's Web site or (B) by using the company search feature of the SEC's EDGAR database.Based on the information in the company's most recent annual report, answer the following questions:What depreciation methods does the company use to compute depreciation expense?How much depreciation expense does the company report on the income statement?What is the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT