Homework Answers
Answer.
According to Microsoft Corporation's fiscal year ended on june, 2020 filings with Security and Exchange Commission (SEC) , it has reported it's retained earning for year ended June 2020, $ 34,566 million, where as for the year ended June 2019 it's retained earning where $ 24,150 million.
On comparing it's retained earning for June 2020 over June, 2019 , it has increased by $ 10,416 million.
Statement showing increase in Retained Earning
| Retained Earnings | Amount ($) (Million) |
| June'20 (A) | 34,566 |
| June'19 (B) | 24,150 |
| Increase in Reatined Earning (A-B) | 10,416 |
Add Answer to:
ONLINE RESEARCH QUESTION According to its revelant SEC filing, by how much (in millions) did Microsoft...
The following information was taken from Finch Corporation's SEC filings. Number of employees Revenues (in millions)...
The following information was taken from Finch Corporation's SEC filings. Number of employees Revenues (in millions) Properties (in thousands) Total assets (in millions) Company-owned stores Net earnings (in millions) Fiscal Year Ended October 1, 2017 October 2, 2016 312,000 268,000 $ 33,587 $ 32,516 6,532 square feet 6,487 square feet $ 14,604 $ 14,551 30, 775 12,886 $ 4,985 $ 4,918 Required a. Indicate whether each line of Information in the table above would best be described as being primarily...
W S1-15 (similar to) Question Help Tommer Corporation ended its fiscal year on September 30, 2018,...
W S1-15 (similar to) Question Help Tommer Corporation ended its fiscal year on September 30, 2018, with cash of $70 million, accounts receivable of $22 million, property and equipment of $33 million, and other long-term assets of $23 milion. The company's liabilities consist of accounts payable of $33 million and long-term nolos payable of $20 million. Tommer Corporation has total stockholders' equity of $05 million of this total, common stock is $25 million. Solve for the company's ending retained earnings...
The data for Rhodes Corporation's has been collected in the Microsoft Excel Online file below. Open...
The data for Rhodes Corporation's has been collected in the
Microsoft Excel Online file below. Open the spreadsheet and perform
the required analysis to answer the questions below.
What is the net operating profit after taxes (NOPAT) for 2018?
Enter your answer in millions. For example, an answer of $1.2
million should be entered as 1.2, not 1,200,000. Do not round
intermediate calculations. Round your answer to one decimal
place.
What are the amounts of net operating working capital for...
Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported...
Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses $ 449 Research and development expense $ 109 Depreciation expense 90 Income tax expense 275 Sales revenue 5,619 Loss on disposal of plant assets 46 Interest expense 156 Cost of goods sold 3,060 Advertising expense 489 Rent expense 102 Sales returns and allowances 266 Utilities expense 57 Assume the marketing department has presented...
Using the below chart, 1. Assume that Microsoft incurred 60% of its research and development expenses...
Using the below chart,
1. Assume that Microsoft incurred 60% of its research and
development expenses after it had established technological
feasibility. The average product life was two years, and the
company begins amortizing software costs at the beginning of the
following year. For 1997, 1998 and 1999, estimate the related
impacts on operating expense and capitalized R&D costs. Ignore
any tax effects.
2. Estimate the amount of revenue that Microsoft would have
reported in each quarter from 1996 through...
Introduction ASOS is the UK's market leader in online fashion retailing. It offers own-label, branded fashion...
Introduction ASOS is the UK's market leader in online fashion retailing. It offers own-label, branded fashion and designer goods. Its headquarters are in Camden Town in North London. ASOS originally stood for As Seen on Screen. The company was set up in June 2000 with just two people to bring the latest fashion trends to shoppers as quickly as possible. It has rapidly grown to become the UK's largest independent online fashion retailer. It stocks over 22,000 product styles on...
2016 2017 $ 65,058 32,535 18,568 $ 65,299 32,909 18,949 13,441 579 182 Amounts in millions...
2016 2017 $ 65,058 32,535 18,568 $ 65,299 32,909 18,949 13,441 579 182 Amounts in millions except per share amounts; Years ended June 30 NET SALES Cost of products sold Selling, general and administrative expense Venezuela deconsolidation charge OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS NET EARNINGS Less: Net earnings attributable to noncontrolling interests NET...
answer this question with all its parts Entries for Selected Corporate Transactions Nav-Go Enterprises Inc. produces...
answer this question with all its parts
Entries for Selected Corporate Transactions Nav-Go Enterprises Inc. produces aeronautical navigation equipment. Nav-Go Enterprises' stockholders' equity accounts, with balances on January 1, 2011, are as follows: Common Stock, $5 stated value (900,000 shares authorized, 620,000 shares issued) $3,100,000 Paid-In Capital in Excess of Stated Value-Common Stock 1,240,000 Retained Earnings 4,875,000 Treasury Stock (48,000 shares, at cost) 288,000 The following selected transactions occurred during the year: Jan. 15. Paid cash dividends of $0.06 per...
September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which...
September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 30, 2017 ASSETS Current assets Cash and cash equivalents 20,289 Short-term marketable securities 53.892 Accounts receivable, less allowances of $58 and $53, respectively 17,874 Inventories 4,855 Vendor non-trade receivables 17.799 Other current assets 13,936 Total current assets 128,645 Long-term marketable securities 194,714 Property, plant and equipment, net 33,783 Goodwill 5,717 Acquired intangible assets, net 2,298 Other...
The cash flow statement reports the cash purchases for property, plant and equipment. How much did...
The cash flow statement
reports the cash purchases for property, plant and equipment. How
much did the company purchase and sell?
Property, Plant and Equipment Property, plant and equipment, which includes assets under capital leases, are carried at cost less accumulated depreciation. Cost includes all direct costs necessary to acquire and prepare assets for use, including internal labor and overhead in some cases. Depreciation is computed using the straight-line method over estimated useful lives of the assets, generally ranging from...
The following information was taken from Finch Corporation's SEC filings. Number of employees Revenues (in millions) Properties (in thousands) Total assets (in millions) Company-owned stores Net earnings (in millions) Fiscal Year Ended October 1, 2017 October 2, 2016 312,000 268,000 $ 33,587 $ 32,516 6,532 square feet 6,487 square feet $ 14,604 $ 14,551 30, 775 12,886 $ 4,985 $ 4,918 Required a. Indicate whether each line of Information in the table above would best be described as being primarily...
W S1-15 (similar to) Question Help Tommer Corporation ended its fiscal year on September 30, 2018, with cash of $70 million, accounts receivable of $22 million, property and equipment of $33 million, and other long-term assets of $23 milion. The company's liabilities consist of accounts payable of $33 million and long-term nolos payable of $20 million. Tommer Corporation has total stockholders' equity of $05 million of this total, common stock is $25 million. Solve for the company's ending retained earnings...
The data for Rhodes Corporation's has been collected in the
Microsoft Excel Online file below. Open the spreadsheet and perform
the required analysis to answer the questions below.
What is the net operating profit after taxes (NOPAT) for 2018?
Enter your answer in millions. For example, an answer of $1.2
million should be entered as 1.2, not 1,200,000. Do not round
intermediate calculations. Round your answer to one decimal
place.
What are the amounts of net operating working capital for...
Using the below chart,
1. Assume that Microsoft incurred 60% of its research and
development expenses after it had established technological
feasibility. The average product life was two years, and the
company begins amortizing software costs at the beginning of the
following year. For 1997, 1998 and 1999, estimate the related
impacts on operating expense and capitalized R&D costs. Ignore
any tax effects.
2. Estimate the amount of revenue that Microsoft would have
reported in each quarter from 1996 through...
2016 2017 $ 65,058 32,535 18,568 $ 65,299 32,909 18,949 13,441 579 182 Amounts in millions except per share amounts; Years ended June 30 NET SALES Cost of products sold Selling, general and administrative expense Venezuela deconsolidation charge OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS NET EARNINGS Less: Net earnings attributable to noncontrolling interests NET...
answer this question with all its parts
Entries for Selected Corporate Transactions Nav-Go Enterprises Inc. produces aeronautical navigation equipment. Nav-Go Enterprises' stockholders' equity accounts, with balances on January 1, 2011, are as follows: Common Stock, $5 stated value (900,000 shares authorized, 620,000 shares issued) $3,100,000 Paid-In Capital in Excess of Stated Value-Common Stock 1,240,000 Retained Earnings 4,875,000 Treasury Stock (48,000 shares, at cost) 288,000 The following selected transactions occurred during the year: Jan. 15. Paid cash dividends of $0.06 per...
September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 30, 2017 ASSETS Current assets Cash and cash equivalents 20,289 Short-term marketable securities 53.892 Accounts receivable, less allowances of $58 and $53, respectively 17,874 Inventories 4,855 Vendor non-trade receivables 17.799 Other current assets 13,936 Total current assets 128,645 Long-term marketable securities 194,714 Property, plant and equipment, net 33,783 Goodwill 5,717 Acquired intangible assets, net 2,298 Other...
The cash flow statement
reports the cash purchases for property, plant and equipment. How
much did the company purchase and sell?
Property, Plant and Equipment Property, plant and equipment, which includes assets under capital leases, are carried at cost less accumulated depreciation. Cost includes all direct costs necessary to acquire and prepare assets for use, including internal labor and overhead in some cases. Depreciation is computed using the straight-line method over estimated useful lives of the assets, generally ranging from...
Most questions answered within 3 hours.
-
Python Assignment: Write a program that uses stacks to solve
postfix equations.Read the below in a...
asked 2 minutes ago -
Q45 What do you understand by standardized tool of research? [1
Mark]
asked 5 minutes ago -
For the movie my big fat greek wedding
1. Locate and describe three instances of non-verbal...
asked 11 minutes ago -
When a bank makes its loans, if it screens its borrowers it will
collect repayment revenue...
asked 10 minutes ago -
A customer has requested that Lewelling Corporation fill a
special order for 2,400 units of product...
asked 33 minutes ago -
What are two strengths and two weaknesses of hardware,
software, and/or data?
How can the weaknesses...
asked 36 minutes ago -
A and B face the choice of working in a safe
mine at €200/wk or an...
asked 56 minutes ago -
True or false: couldnt figure out these few
- When charges are only located OUTSIDE an...
asked 1 hour ago -
Given the following function:
int fun1(int count){
int Num ;
for (i = 0; i <...
asked 1 hour ago -
Please submit your paper topic so that I can review it and make
any necessary suggestions...
asked 1 hour ago -
Why are there so many theories of addiction? (Consider the
adequacy of each theory in relation...
asked 1 hour ago -
22mL of 0.1020M Naoh is used in a titration against an unknown
1M acid (30mL). Determine...
asked 1 hour ago