Questions from Corporate Finance

Q: Find online the annual 10-K report for Costco Wholesale Corporation

Find online the annual 10-K report for Costco Wholesale Corporation (COST) for fiscal year 2017 (filed in October 2017). Answer the following questions from the notes to their financial statements: a....

Q: See Table 2.5 showing financial statement data and stock price

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. a. What were Mydeco’s gross margins each year? b. Comparing Mydeco’s gross marg...

Q: At the end of 2017, Walmart Inc. (WMT)

At the end of 2017, Walmart Inc. (WMT) reported annual revenues of $500.34 billion, gross profit of $126.95 billion, and net income of $9.86 billion. Costco Wholesale Corporation (COST) had revenue of...

Q: Clarke Company traded a used mixing machine for a new model.

Clarke Company traded a used mixing machine for a new model. The used machine has a book value of $11,000 (cost $32,000 less $21,000 accumulated depreciation) and a fair market value of $8,000. The ne...

Q: At the end of 2017, Apple had cash and short-

At the end of 2017, Apple had cash and short-term investments of $74.18 billion, accounts receivable of $17.87 billion, current assets of $128.65 billion, and current liabilities of $100.81 billion. a...

Q: See Table 2.5 showing financial statement data and stock price

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. a. How did Mydeco’s accounts receivable days change over this period? b. How did Mydecoâ
...

Q: See Table 2.5 showing financial statement data and stock price

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. a. Compare Mydeco’s accounts payable days in 2015 and 2019. b. Did this change in accounts payabl...

Q: In September 2008, the IRS changed tax laws to allow banks

In September 2008, the IRS changed tax laws to allow banks to utilize the tax loss carry forwards of banks they acquire to shield up to 100% of their future income from taxes (prior law restricted the...

Q: Procter and Gamble (PG) paid an annual dividend of $

Procter and Gamble (PG) paid an annual dividend of $2.87 in 2018. You expect PG to increase its dividends by 8% per year for the next five years (through 2023), and thereafter by 3% per year. If the a...

Q: What if the last two and a half decades had been “

What if the last two and a half decades had been “normal”? Download the spreadsheet from MyLab Finance containing the data for Figure 10.1. a. Calculate the arithme...