Cost variable profit Essay

Submitted By Ree081081
Words: 344
Pages: 2

University of Phoenix Material

Financial Statement Review

What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors?

The net Income is 234 Million Dollars. It is down from the previous year. This would be important for investors to know how the income for each annual year and the production of the organization. If they are going to loose money or are they going to gain money. This will also let them know if this is a wise investment.

What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information?

Then ending balance for the stockholders equity is $16,231,00. This information can be used to determine the salary or employment benefits that are offered by the organization and top management. It helps the the labor union uses this information in order to see what the financial health of the organization is, with their expenses, revenue levels as well as their cash receipts and payments.

What is the total value of assets? Why would this information be important to a potential creditor?

Targets total Assets are 44.2 Billion dollars. This information is important to a creditor because a creditor is able to evaluate the company’s financial performance. It also provides various financial information and creditors use to communicate with interested outside parties about its accomplishments running the