How often do publicly-traded companies prepare financial statements for external reporting purposes?
They are required by the SEC to do financial statements, along with other data, quarterly. These quarterly reports are called 10Q reports. They also are required by the SEC to do financial statements, along with other data, annually. These annual reports are called 10K reports. They also prepare an annual report to their stockholders, which includes their financial statements.
How to copy financial statements to powerpoint?
I'm doing a presentation on dell and need the income statement and balance sheet. How can i put them on powerpoint? I tried selecting and copying but when i paste it comes out looking really bad. Any ideas?
When looking at a quarterly income statement, are the values cumulative for the current year or as a total of the current 3 month period?
As a matter of formatting, if a column of numbers is cumulative, the column will (or at least “should”) be labeled YTD , Total or X month period ended XX/XX/XX. Generally, this column is separate and apart from quarterly or monthly data. You never want to show multiple periods without totalling it (i.e. Q1, Q2, Q3, Q4 and no total).Here are some possible common ways to show it.
Define Periodic traditional financial statements?
typicaly, monthly, quarterly and/or annual statements consisting of income statement, balance sheet and cash flows.
Why should you read the footnotes to the financial statement?
Footnotes have a real importance to the statement. The figures given might have been for 9 months only and not 12 months, as results for the last quarter would have been still under preparation. Then footnotes says so. This is only one example. There are other important informations foodnotes convey like: reserves kept for purpose of..., audited results awaited and this is only provisional etc., Now you would have understood the imporatnce of foot notes. VR
Do companies provide quarterly cash flow statements along with income and balance sheet statements? When a company releases quarterly report, what are the important things one (a long term investor) should see in the statements?
Financial statement disclosure is generally mandated in terms of the listing agreement that companies sign with the syock exchange. Reporting formats are standardised and there is no requirement to disclose cash flow statements. There is no meaningful information in quarterly financial statements either - any investor, long term or otherwise, can probably only draw an inference on sales growth, profitability and interest coverage (and hence, possibly leverage) from quarterly financials. For other information, one would either need to depend on management statements, interviews, presentations to analysts etc to gauge business trajectory and long term growth prospects.
Should "Cash at end of the financial year" in a cash flow statement reconcile to the cash balance in the balance sheet?
Yes. Ending cash on the Cash Flow Statement should ALWAYS equal the cash balance on the Balance Sheet. This is true for any time period covered by the financial statements, i.e., monthly, quarterly, or annual.
Income Statement/Balance Sheet problem?
Faith Brooks, a 28-year-old college graduate, never took a personal finance class. She pays her bills on time, has managed to save a little in a mutual fund, and with the help of an inheritance managed a down payment on a condominium. But Faith worries about her financial situation. Given the following information, prepare Worksheet 4 and Worksheet 5. Using information from these statements, calculate the current ratio, savings ratio, monthly living expenses covered ratio, debt ratio, and long-term debt coverage ratio. Interpret these financial statements and ratios for Faith. Based on your assessment, what advice would you give Faith? In addition to the following list, Faith offers these explanations: -All short-term and long-term liabilities are unpaid. -"Other expenses, monthly" represents cash spent without a record. -She charges all incidentals on her credit cards and pays the balances off monthly. The balances shown below represent her average monthly balances. Visa bill - $355 Stocks $5,500 MasterCard bill - $245 Monthly paycheck, net $2,400 Annual medical expenes $264 Mortgage payment, monthly $530 Temple Mutual Fund $2,100 401 (k) retirement account $4,500 Car payment, monthly $265 Total monthly utilities $275 Savings account $2,300 Clothing expense, monthly $45 Checking account $825 Quarterly auto insurance (not due) $450 Inherited coin collection $3,250 Condominium $65,000 Food, monthly $225 Auto $9,000 Furnishings $5,500 Mortgage outstanding $50,000 Auto