Balance Sheet and Income Statement Analysis

BALANCE SHEET AND INCOME STATEMENT- list the unalike financial statements (BS*, IS, logical argument of stockholders comeliness, and related notes) -Identify the dissimilar components of the BS (Assets current and long term Liabilities current and long term stockholders honor preferred stock, common stock, PIC, treasury stock) -Identify the contrastive component of the IS (Gross profit, earnings before interest and evaluatees, interest expense, income tax expense, income from continuing operations, discontinued activities, extraordinary items) -Identify within the IS, BS and Stockholders justness statement comprehensive income,OCI and accumulated OCIPPE-Identify the different components of PPE (property, plant, equipment) and related accumulation depreciation. Locate the depreciation methods and estimates used for the calculations. -Identify valuation basis (market value or historic costs) and describe the wrong testing procedure for PPE. -Identify the amount of depreciation expense in the IS (or the notes) Compute positiveness ratios and provide a short analysis (see exercise 10-26B).INTANGIBLES-Identify the different components of Intangible assets (marketing, customer, contractual, technological, goodwill) and related accumulation amortization (if available). Locate the amortization methods and estimates used for the calculations. -Identify if they have definite or indefinite life Describe the impairment testing procedure for PPE. -Identify the amount of amortization expense in the IS (or the notes)LIABILITIES Identify current liabilities (including contingencies) in the BS Identify the LT liabilities (nature and the total amount) in the BS Identify the amount of interest expense in the IS What eccentric contingencies are disclosed, their probability of occurrence and their range of estimate. Determine the number of LT debts (loans, bonds etc), related maturity date and tell of interest (coupon for bonds) and amount. Compute solvency and liq uidity ratios and provide a short analysis.STOCKOLDERS EQUITY Identify the types of shares, the number of shares authorized, issued and large(p) (if each, treasury stock) and PIC. For PS, identify the stated rate, covenants/characteristics. Locate Dividends in the BS and SE (2schedules) and IS. Identify which types of dividends have been issued (Cash? Stock, divulge? Other?) Identify Accumulated OCI in 2 schedules (BS and statement of stockholders Equity). Explain briefly the different of Stockholders Equity Statement Apply ratios related to chapter 13 (end of ppt presentation) and provide a short analysis.CHAPTER 14 INVESTMENTS Identify the different investments in the BS and related notes (Debt and Equity), then by classification (Held to Maturity, Trading or Available for sale) Identify in SE section of the BS the accumulated OCI, then locate in Stockholders Equity Statement, the different movement of OCI (BB +/- changes). Identify in the IS the OCI component (if any) a nd comprehensive income. Check for investment between 20-50% that use the equity method (see notes) Check for impairment testing for investmentsCHAPTER 17 LEASING Identify the capital lease assets and liabilities in the BS and related interest expense plus depreciation expense in the IS. Identify if there is any operating lease. What is the nature of every lease (sales-type or direct-financing) and related financial conditions. Identify the lease payments for the neighboring 5 years and the different categories of leased assets.*BS = Balance Sheet IS = Income Statement SE = Stockholders Equity statement (or statement of changes in equity)