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Essay Instructions: You are to analyze the three-year income statement for Wal-Mart found at the Wal-Mart
Website, located at http://walmartstores.com/sites/annualreport/2011/financials.aspx. Write a
three to five (3?5) page paper that answers the following:
1. Discuss Wal-Mart?s performance over the three-year period.
2. Discuss the major differences in financial performance over the three-year
period.
3. Calculate two (2) financial ratios with the data provided.
4. Discuss the ratios you selected and what they tell you about Wal-Mart?s
performance.
5. Discuss the factors that can impact Wal-Mart?s operating costs.

Essay Instructions: Hello-

My assignment is to write an analysis on Safeway financial statements.

Here are the essay requirements:

Prepare an intra-company horizontal analysis of the balance sheet comparing the most recent two years in the annual report. Comment on significant changes noticed between years and the possible cause of those changes.

Prepare an intra-company vertical analysis of the balance sheet comparing the most recent two years in the annual report. Comment on significant changes noticed between years and the possible cause of those changes.

Prepare an intra-company horizontal analysis of the income statement comparing the most recent two years in the annual report. Comment on significant changes noticed between years and the possible cause of those changes.

Prepare an intra-company vertical analysis of the income statement comparing the most recent two years in the annual report. Comment on significant changes noticed between years and the possible cause of those changes.

Prepare an intra-company horizontal analysis of the statement of cash flows comparing the most two recent years of your company's statement of cash flows. Comment on significant changes noticed between years and the possible cause of those changes.

Prepare an intra-company horizontal analysis of the liquidity, profitability, and solvency ratios. Comment on significant changes noticed between years and the possible cause of those changes.

Please use the following links for Safeway Financial Statements:

2011: http://216.139.227.101/interactive/swy2011/
2010: http://www.nxtbook.com/nxtbooks/cc/safeway_2010annualreport/

Essay Instructions: The E-Company

The E-Company manufactures trendy, high-quality moderately priced watches that it sells on the Internet. As the company's senior financial analyst, you are asked to analyze the overall profitability for the current year. The CFO has heard that there are two different approaches for preparing income statments. You are asked to show the CFO both approaches and explain the advantages or disadvantes of each method. The following data are for the year ended December 31, 2009:





Production capacity is 400,000 units

Beginning inventory, January 1: 85,000 units

Ending inventory, December 31: 55,000 units

Sales for the year are: 345,000 units

Selling price (to distributor) $19.00 per unit

Variable manufacturing cost per unit, including direct materials of $3.50 and direct labor of $1.40

Variable operating/selling cost per unit sold $1.20

Fixed manufacturing overhead $1,600,000

Fixed sellling & administrative expenses $1,200,000



Assume costs per unit are the same for units in beginning inventory and units produced during the year. Also, assume the prices and unit costs did not change during the year.

Requirement:

Prepare income statements under variable (contribution margin) and traditional (absorption) costing for the year ended December 31, 2008.
What are E's contribution margin ratio, gross profit ratio and operating (net) income ratios?

Explain the difference and reconcile operating income for the two methods.

If E sells 10,000 additional units, how much better off is the company financially? Which income method did you use? Please explain and show your computations.

Which costing method would you recommend to the CFO? Why?

Essay Instructions: I would like your help in writing an instructional paper on how to teach somebody something. The detail instruciton for writing this paper will be faxing to you shortly. with my background as a CPA, I would like to write on "How to teach my client (shoes store owner) to prepare a most simple income statement" Thanks for your help.
There are faxes for this order.