Project #54859 - ACC501 Financial Statements for General Mills and Meiji Holdings Co., Ltd.

 

We will continue to review the financial statements we used in the first module to learn additional information. The emphasis of this Case is to review the income statement, balance sheet, and computation of ratios. Review the financial statements for the companies and answer the following questions for the last reporting year. If no information is available, state that to be the case: The companies to review are General Mills and Meiji Holdings Co., Ltd.

 

Balance Sheet:

What components of stockholders' equity do each of the companies disclose? Do the companies have preferred stock shares outstanding? If so, what special features do these shares contain? Do either of the companies report treasury shares? If so, do the companies disclose the reason for reacquiring the shares?

 

Income Statement:

What are the basic and diluted earnings per share for each company? Have the companies reported any discontinued operations?

Do the companies disclose any stock compensation plans? If so, are they reporting such plans under the fair value or intrinsic value methods? What was the value of compensation expense measured for any outstanding stock option plans?

 

Financial Ratios:

Compute the following ratios. Also, interpret and assess each group of ratios for the company. What type of story are the ratios telling the analyst?

 

Profitability ratios:                                                                            

Gross profit margin                                                     

Net profit margin

Return on stockholders' equity

 

Liquidity ratios:

Current ratio

Quick ratio

Inventory turnover

 

Leverage ratios:

Debt-to-assets

Debt-to-equity

Times-covered ratio

What type of information do you find in footnotes to the financial statements?

Do you find the balance sheet, income statement or other measures such as ratios the most informative? Comment on the advantages and disadvantages of using ratios for analysis


It is important to answer the questions as posed. The discussion should be 4 to 6 pages and written in a clear and concise manner. Support your discussion with references in APA format. You are encouraged to use Excel or other compatible spreadsheet when computations are involved.


It is important to answer the questions as posed. The discussion should be 4 to 6 pages and written in a clear and concise manner. Support your discussion with references in APA format. You are encouraged to use Excel or other compatible spreadsheet when computations are involved.

 

Subject Business
Due By (Pacific Time) 01/26/2015 08:00 am
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy