Description Preparation Hand-In #1: Bring in common size and percentage balance sheets and income statements for Starbucks from the 10-K provided in the links above. Be prepared to put yours on the class computer. How has the company changed since 2009? (See SEC website for recent financial statements since 2009). USE EXCEL AND DOWNLOAD DATA FROM WWW.SEC.GOV. USE TEMPLATE I PROVIDED UNDER STUDENT TOOLS ON BLACKBOARD. FILL IN THE DATA FROM THE 10-K. Preparation Hand-In #2: Problems 3.10, 3.11, 3.12 3.10 Computing Cash Collections from Customers. Caterpillar manufactures heavy machinery and equipment and provides financing for purchases by its customers. Caterpillar reported sales and interest revenues of $51,324 million for Year 1. The balance sheet showed current and noncurrent receivables of $15,752 million at the beginning of Year 1 and $18,448 million at the end of Year 1. Compute the amount of cash collected from customers during Year 1.3.11 Computing Cash Collections from Customers. iRobot designs and manufactures robots for consumer, commercial, and military use. For the fiscal year ended January 2, 2016, the company reported the following on its balance sheet and income statement (amounts in thousands): Accounts receivable, net of allowance of $33 at January 2, 2016, and $67 at December 27, 2014, of $104,679 and $71,056, respectively.Revenue for fiscal 2015 (i.e., the year ended January 2, 2016) of $616,778.Bad debt expense for fiscal 2015 of $0.Compute the amount of cash collected from customers during fiscal 2015.3.12 Computing Cash Payments to Suppliers. Lowe’s Companies, a retailer of home improvement products, reported cost of goods sold of $31,729 million for Year 1. It reported merchandise inventories of $7,611 million at the beginning of Year 1 and $8,209 million at the end of Year 1. It reported accounts payable to suppliers of $3,713 million at the beginning of fiscal Year 1 and $4,109 million at the end of fiscal Year 1. Compute the amount of cash paid to merchandise suppliers during Year 1. Tags: Balance Sheet Computing Cash Collections noncurrent receivables military use Percentage Balance sheets User generated content is uploaded by users for the purposes of learning and should be used following Studypool’s honor code & terms of service.

Description

Preparation Hand-In #1: Bring in common size and percentage balance sheets and income statements for Starbucks from the 10-K provided in the links above. Be prepared to put yours on the class computer. How has the company changed since 2009? (See SEC website for recent financial statements since 2009). USE EXCEL AND DOWNLOAD DATA FROM WWW.SEC.GOV. USE TEMPLATE I PROVIDED UNDER STUDENT TOOLS ON BLACKBOARD. FILL IN THE DATA FROM THE 10-K. Preparation Hand-In #2: Problems 3.10, 3.11, 3.12 3.10 Computing Cash Collections from Customers. Caterpillar manufactures heavy machinery and equipment and provides financing for purchases by its customers. Caterpillar reported sales and interest revenues of $51,324 million for Year 1. The balance sheet showed current and noncurrent receivables of $15,752 million at the beginning of Year 1 and $18,448 million at the end of Year 1. Compute the amount of cash collected from customers during Year 1.3.11 Computing Cash Collections from Customers. iRobot designs and manufactures robots for consumer, commercial, and military use. For the fiscal year ended January 2, 2016, the company reported the following on its balance sheet and income statement (amounts in thousands): Accounts receivable, net of allowance of $33 at January 2, 2016, and $67 at December 27, 2014, of $104,679 and $71,056, respectively.Revenue for fiscal 2015 (i.e., the year ended January 2, 2016) of $616,778.Bad debt expense for fiscal 2015 of $0.Compute the amount of cash collected from customers during fiscal 2015.3.12 Computing Cash Payments to Suppliers. Lowe’s Companies, a retailer of home improvement products, reported cost of goods sold of $31,729 million for Year 1. It reported merchandise inventories of $7,611 million at the beginning of Year 1 and $8,209 million at the end of Year 1. It reported accounts payable to suppliers of $3,713 million at the beginning of fiscal Year 1 and $4,109 million at the end of fiscal Year 1. Compute the amount of cash paid to merchandise suppliers during Year 1.

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Balance Sheet

Computing Cash Collections

noncurrent receivables

military use

Percentage Balance sheets

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