Below are the account balances (all normal) in alphabetical order from Keurig Dr Pepper financial statements as of December 31, 2019 except the Retained Earnings account. All amounts are in millions of
U.S. dollars. Assume no new investment by stockholders in 2019.
Problem 2, Part (a): Prepare Keurig Dr Pepper's Income Statement for the year ended December 31, 2019.
Problem 2, Part (b): Prepare Keurig Dr Pepper's Statement of Stockholders' Equity for the year ended December 31, 2019.
Part a. | |
Keurig Dr Pepper | |
Income Statement | |
for the year ended Dec31, 2019 | |
Amt in USD Million | |
Particulars | Amt |
Net Sales | 11,120 |
Cost of Goods Sold | 4,778 |
Gross Profit | 6,342 |
Operational Expense | |
Selling , Gen & Admin Expense | 3,606 |
Depreciation Expense | 358 |
Total Operational Expense | 3,964 |
EBIT | 2,378 |
Interest Expense | 684 |
EBT | 1,694 |
Income Tax Expense | 440 |
Net Income /(Loss) | 1,254 |
Part b. | |||
Keurig Dr Pepper | |||
Statement of Shareholders' Equity | |||
for the year ended Dec31, 2019 | |||
Amt in USD Million | |||
Particulars | Common Stock | Retained Earning | Total Equity |
Beginning Balance | 21,571 | 873 | 22,444 |
Addition during the year 2019. | - | 1,254 | 1,254 |
Dividend Paid during 2019. | - | (441) | (441) |
Ending Balance | 21,571 | 1,686 | 23,257 |
Below are the account balances (all normal) in alphabetical order from Keurig Dr Pepper financial statements as of December 31
Create an income statement using the following information
Keurig Dr Pepper Inc.'s financial statements note that it "is a leading coffee and beverage company in North America with a diverse portfolio of flavored (non- beverages (NCBs), and is a leader in single serve coffee brewing systems in the U.S. and Canada." Below are the account balances (all normal) in alphabetical order from Keurig Dr Pepper financial statements as of December 31, 2019 except the Retained Earnings account. All amounts are...
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The account balances for a company are listed below. All balances are as of December 31, 2019, except where noted otherwise.
Determine the Common Stock balance as of December 31, 2019:
A. $94,150
B. $104,800
C. $55,200
D. $52,700
E. $61,350
The account balances for a company are listed below. All balances are as of December 31, 2019, except where noted otherwise.
Determine Total Assets as of December 31, 2019:
Determine Total Current Liabilities as of December 31, 2019:
Determine Net Income for the year 2019:
Determine the Common Stock balance as of December 31, 2019:
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