Balance Sheet 2016 2015 2014 Cash and Cash Equivalents $9,158,000 $9,096,000 $6,
ID: 2575786 • Letter: B
Question
Balance Sheet
2016
2015
2014
Cash and Cash Equivalents
$9,158,000
$9,096,000
$6,134,000
Short Term Investments
$6,967,000
$2,913,000
$2,592,000
Net Receivables
$6,694,000
$6,913,000
$6,651,000
Inventory
$2,273,000
$2,720,000
$3,143,000
Other Current Assets
$1,547,000
$1,865,000
$2,143,000
Total Current Assets
$27,089,000
$23,031,000
$$20,663,000
Long Term Investments
$1,950,000
$2,311,000
$2,689,000
Fixed Assets
$16,591,000
$16,317,000
$17,244,000
Goodwill
$14,430,000
$14,177,000
$14,965,000
Intangible Assets
$13,433,000
$13,081,000
$14,088,000
Other Assets
$636,000
$750,000
$860,000
Deferred Asset Charges
$0
$0
$0
Total Assets
$74,129,000
$69,667,000
$70,509,000
Current Liabilities
Accounts Payable
$14,243,000
$13,507,000
$13,016,000
Short-Term Debt/ Current Portion of Long-Term Debt
$6,892,000
$4,071,000
$5,076,000
Other Current Liabities
$0
$0
$0
Total Current Liabilities
$21,135,000
$17,578,000
$18,092,000
Long-Term Debt
$30,053,000
$29,213,000
$23,821,000
Other Liabilities
$6,669,000
$5,887,000
$5,744,000
Deferred Liabilites Charges
$5,073,000
$4,959,000
$5,304,000
Misc. Stocks
($151,000)
($145,000)
($140,000)
Minority Interest
$104,000
$107,000
$110,000
Total Liabilities
$62,883,000
$57,599,000
$52,931,000
Stockholders Equity
Common Stocks
$24,000
$24,000
$25,000
Capital Surplus
$4,091,000
$4,076,000
$4,115,000
Retained Earnings
$52,518,000
$50,472,000
$49,092,000
Treasury Stock
($31,468,000)
($29,185,000)
($24,985,000)
Other Equity
($13,919,000)
($13,319,000)
($10,669,000)
Total Equity
$11,246,000
$12,068,000
$17,578,000
Total Liabilities and Equity
$74,129,000
$69,667,000
$70,509,000
Go into the balance sheet and do an inventory analysis including inventory turns and whether inventory is increasing (out of control) or decreasing (being brought into better control.) Where do they warehouse? You might want to compare their numbers to industry averages or the performance of their main competitors.
This is on PepsiCO. Here is the balance sheet. Can you please do an analysis of their balance sheet. Or answer the questions above? There might need to be some research done. Thank you in advance. It is due tonight by 9PM EST
2016
2015
2014
Cash and Cash Equivalents
$9,158,000
$9,096,000
$6,134,000
Short Term Investments
$6,967,000
$2,913,000
$2,592,000
Net Receivables
$6,694,000
$6,913,000
$6,651,000
Inventory
$2,273,000
$2,720,000
$3,143,000
Other Current Assets
$1,547,000
$1,865,000
$2,143,000
Total Current Assets
$27,089,000
$23,031,000
$$20,663,000
Long Term Investments
$1,950,000
$2,311,000
$2,689,000
Fixed Assets
$16,591,000
$16,317,000
$17,244,000
Goodwill
$14,430,000
$14,177,000
$14,965,000
Intangible Assets
$13,433,000
$13,081,000
$14,088,000
Other Assets
$636,000
$750,000
$860,000
Deferred Asset Charges
$0
$0
$0
Total Assets
$74,129,000
$69,667,000
$70,509,000
Current Liabilities
Accounts Payable
$14,243,000
$13,507,000
$13,016,000
Short-Term Debt/ Current Portion of Long-Term Debt
$6,892,000
$4,071,000
$5,076,000
Other Current Liabities
$0
$0
$0
Total Current Liabilities
$21,135,000
$17,578,000
$18,092,000
Long-Term Debt
$30,053,000
$29,213,000
$23,821,000
Other Liabilities
$6,669,000
$5,887,000
$5,744,000
Deferred Liabilites Charges
$5,073,000
$4,959,000
$5,304,000
Misc. Stocks
($151,000)
($145,000)
($140,000)
Minority Interest
$104,000
$107,000
$110,000
Total Liabilities
$62,883,000
$57,599,000
$52,931,000
Stockholders Equity
Common Stocks
$24,000
$24,000
$25,000
Capital Surplus
$4,091,000
$4,076,000
$4,115,000
Retained Earnings
$52,518,000
$50,472,000
$49,092,000
Treasury Stock
($31,468,000)
($29,185,000)
($24,985,000)
Other Equity
($13,919,000)
($13,319,000)
($10,669,000)
Total Equity
$11,246,000
$12,068,000
$17,578,000
Total Liabilities and Equity
$74,129,000
$69,667,000
$70,509,000
Explanation / Answer
In the given case the inventory amount gradually reducing year by year. It shows that the investment in inventory is decreasing. It is better indicator for performance of the company. Decreasing in inventory mean there is increasing in sales or better inventory management in the company. So the decreasing in inventory leads to reduction of various costs let me carrying costs and abnormal loss of goods.
In any industry decreasing n inventory leads to decrease in operating cycle period.
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