Question

Instructions:You need to show your clear calculation to support each statement provide a paragraph of interpretation related to the result of your analysis on each statement.

Comparative Analysis for balance sheet:

	2011	2010	Difference	% changed
ASSETS:
Current Assets
Cash and equivalents	$ 2,291.1	$ 2,133.9
Short-term investments	1,164.2	642.2
Account receivable	2,883.9	2,795.3
Inventory	2,357.0	2,438.4
Prepaid expenses and other assets	765.6	602.3
Deferred income taxes, net	272.4	227.2
Total Current Assets	$ 9,734.0	$ 8,839.3
Property and equipment, gross	4,255.7	4,103.0
Accumulated depreciation	(2,221.9)	(2,298.0)
Property and equipment, net	$ 1,957.7	$ 1,891.1
Identifiable intangible assets	467.4	743.1
Good will	193.5	448.8
Deferred income taxes and other assets	897.0	520.4
Total Assets	$13,249.6	$12,442.7
Liabilities and Stockholders’ Equity
Current Liability :
Current portion of long-term debt	$        32.0	$          6.3
Note Payable	342.9	177.7
Account Payable	1,031.9	1,287.6
Accrued liabilities	1,783.9	1,761.9
Income taxes payable	86.3	88.0
Total Current Liabilities	$   3,277.0	$    3,321.5
Long term debt	437.2	441.1
Deferred taxes and other long-term liabilities	842.0	854.5
Total Liabilities	$ 4,556.2	$ 4,617.1
Redeemable preferred stock	$         0.3	$         0.3
Common Shareholders’ Equity
Common stock	2.8	2.8
Capital in excess of stated value	$ 2,781.4	$ 2,497.8
Retained earnings	5,451.4	5,073.3
Accumulated other comprehensive income	367.5	251.4
Total Common Shareholders’ Equity	$ 8,693.1	$ 7,825.3
Total Liabilities and Shareholders’ Equity	$13,249.6	$12,442.7

Answer 1

Comparative Analysis for balance sheet:

	2011	2010	Difference	% Change
ASSETS:
Current Assets
Cash and Equivalents	$2,291.10	$2,133.90	$157.20	7.40%
Short-term investments	$1,164.20	$642.20	$522	81.30%
Accounts Receivable	$2,883.90	$2,795.30	$88.60	3.17%
Inventory	$2,357	$2,438.40	($81.40)	-3.33%
Prepaid Expenses and other Assets	$765.60	$602.30	$163.30	27.11%
Deferred income taxes, net	$272.40	$227.20	$45.20	19.90%
Total Current Assets	9,734	8,839.30	$894.70	10.12%
Property and Equipment, gross	$4,255.70	$4,103.00	$152.70	3.72%
Accumulated Depreciation	($2,221.90)	($2,298)	($76.10)	-3.33%
Property and Equipment, net	$1,957.70	$1,891.10	$66.60	3.52%
Identifiable intangible assets	$467.40	$743.10	($275.70)	-37.10%
Goodwill	$193.50	$448.80	($255.30)	-56.89%
Deferred income taxes and other assets	$897.00	$520.40	$376.60	72.34%
Total Assets	$13,249.60	$12,442.70	$806.90	6.48%
Liabilities and Stockholders' Equity
Current Liabilities:
Current portion of long-term debt	$32	$6.30	$25.70	408%
Note Payable	$342.90	$177.70	$165.20	92.97%
Account Payable	$1,031.90	$1,287.60	($255.70)	-19.86%
Accrued Liabilities	$1,783.90	$1,761.90	$22	1.20%
Income Taxes Payable	$86.30	$88	($1.70)	-1.93%
Total Current Liabilities	$3,277	$3,321.50	$44.50	-1.33%
Long term debt	$437.20	$441.10	($3.90)	-0.88%
Deferred taxes and other long term liabilities	$842.00	$854.50	($12.50)	-1.46%
Total Liabilities	$4,556.20	$4,617.10	($60.90)	-1.32%
Redeemable Preferred Stock	$0.30	$0.30	$0.00	0.00%
Common Shareholders' Equity
Common Stock	$2.80	$2.80	$0.00	0.00%
Capital in excess of stated value	$2,781.40	$2,497.80	$283.60	11.35%
Retained Earnings	$5,451.40	$5,073.30	$378.10	7.45%
Accumulated other comprehensive income	$367.50	$251.40	$116.10	46.18%
Total common shareholders' Equity	$8,693.10	$7,825.30	$867.80	11.10%
Total Liabilities and Shareholders' Equity	$13,249.60	$12,442.70	$806.90	6.48%