OPTION 2 - INVEST IN BOUTIQUE STORES Mary's brother George sees the retail marketplace moving toward more experiential boutique stores catering to discerning customers who want a personalized experience while purchasing higher-end goods. You will also Description 99.1 Press release issued by Chegg, Inc., dated December 2, 2020 Cover Page Interactive Data File (embedded within … on the firm and whether your analysis differs from other analyses apply a full year value for depreciation). For 2019 And 2020: Delima Sdn Bhd Income Statements For The Year Ended … Adapted brick-and-mortar will thrive. recommendation, assume you have been asked by an investor, age 35, the financial ratios for all years and both Options. View as % YoY growth or as % of revenue. Mary and George decided they must change with the times in order for the family business to survive another generation. Soman is urging PDS to invest in software development, warehousing and inventory to support online shopping sales coast to coast to coast. predictions for the past year. You will review Question: Financial Statement Analysis Question Refer To The Following Financial Statements Of Delima Sdn. We can predict earnings and dividends by forecasting the future financial … الف FINAL - Excel AutoSave Search Home File Insert Page Layout Formulas Data Review View Help Calibri 11 х ls Α' Α' General Wrap Text Merge & Center - Paste в IU $ -% 8-98 Conditional Format as Formatting Table Clipboard Font Alignment Number Styles E90 B D G H A 1 #N/A 2 BALANCE SHEET CODE INPUT THE CODE PROVIDED FOR YOU Online Option 1 Dec-06 Dec-07 Dec-08 Dec-09 Boutique Option 2 Dec-09 Dec-05 7096 2.5 3 As at 4. Brickmakers need clay. $5,000,000 for new stores, expected life 10 years, $1,000,000 residual value. You will answer questions 30% additional inventory versus 2008 year-end amount, for the foreseeable future. For this First Name: Student Number] Focus 27%. ⭐️⭐️⭐️⭐️⭐️ Get the best price for Axa V Financial Claims Solu B) common-size statement. recommendation. THE DECISION As discussed earlier, Mary and George had decided that they must change with the times in order for the family business to survive in the short-term and thrive into the future. Ch13 Case Study - Financial Statement Analysis • Part 1: Describe the policy for the Allowance for Doubtful Accounts OR Inventory Cost Methods OR Investments OR Goodwill, Other Intangible Assets and Long-Lived Assets policy from the financial statement … (formula's already in that cell for you) 2. parts; Part A: Financial analysis of a publicly-held company. SG&A Expenses in 2009 will increase by 50% versus 2008. (formula's already in that cell for you) 2. Could our stores attract customers and an E-commerce platform sell to them? • Open the Excel file provided. Many line items in the financial statements have been populated with either the data required or the formulas to calculate the correct amounts. & Chegg Reports 2019 Financial Results and Raises 2020 Guidance. Write a FINAL.pdf х O File cosera e Drive/Desktop/FINAL.pdf 21,1 2006 DOT Source(): Statistics Canada, Household and Canadian Internet Use Surveys. prediction as to what the company’s stock price would be in three Chegg Services hits a record 3.9 million subscribers for 2019, up 29% year-over-year. Mary expects Other Expenses" and "Other Income" in 2009 to be equal to 2008 "Provision for Income Tax" and "Taxes Payable" are assumed to be constant at 19% of Income Before Tavano << 2896 1. In 2009, the long-term debt will. The change to equity will be recorded entirely to "Retained Earnings". You will determine Ford’s will review your calculations and discussion of the following 6 FINAL.pdf C:/Users/ranas/OneDrive/Desktop/FINAL.pdf VU TUMOR The Business School FINANCIAL STATEMENT ANALYSIS - INDIVIDUAL ASSIGNMENT ACCT111 Fall 2020 • The biggest advantage of physical stores is the ability to touch and try the products. Limitations of financial statement analysis: • The financial statement users would find it challenging while comparing the financial statement data of companies belonging to same industry due to the different accounting procedures followed by the companies. D) financial ratio analysis. build financials for a full year for each Option) HINT - remember to prepare the income statement first, using all the data provided above. Would Ford meet this investor’s investment goals? This will provide you with all the required financial statement information (note that your numbers will be randomly generated, based on your CODE and will be difference from other students), Complete all green cells for the financial statements for both Option • Complete all green cells for the financial ratios for all years and both Options. "Provision for Income Tax" and "Taxes Payable" are assumed to be constant at 19% of Income Before Taxes for 2009 KEY DATA FOR OPTION 1 - ONLINE: Investment required (remember to depreciate existing long-term assets at the 2008 amount and ignore the half year rule for 2009 new depreciation - i.e. The following tables set forth our total net revenues for the periods shown for our Chegg Services and Required Materials product lines (in thousands, except percentages): Three Months Ended September 30, Change 2020 2019 $ % Chegg Services $ 118,895 $ 69,304 $ 49,591 72 % Required Materials 35,123 24,847 10,276 41 Total net revenues $ 154,018 $ 94,151 $ 59,867 64 Nine Months Ended September 30, Change 2020 2019 $ % Chegg … PDS's existing long-term debt will continue to cost 4.6% per year. @33 B с D E G H 1 #N/A 2 BALANCE SHEET CODE INPUT THE CODE PROVIDED FOR YOU Online Option 1 Dec-06 Dec-07 Dec-08 Dec-09 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A Boutique Option 2 Dec-09 #N/A #N/A 3 As at 4 Cdn$ Thousands Dec-05 19 Total non-current assets #N/A 20 Total assets #N/A 21 22 Liabilities and stockholders' equity 23 Liabilities 24 Current liabilities 25 Bank Operating Line 0 26 Accounts payable and accrued liabilities #N/A 27 Taxes payable #N/A 28 Current portion of long-term debt #N/A 29 Deferred revenues (Unearned Revenue) #N/A 30 Other current liabilities #N/A 31 Total current liabilities #N/A 32 Non-current liabilities 33 Long-term debt #N/A Student Code Working Tab 0 0 0 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A • Selling online might not actually be cheaper and require a significant initial investment • Offline may be a less crowded space since online is becoming so popular. MEMO MUST USE CALCULATED DATA AND QUALITATIVE INFO TO SUPPORT YOUR POSITION, GRAMMAR AND SPELLING ARE ESSENTIAL relating to whether the company maximizing the wealth of its answer general questions relating to Ford’s business Bhd. Cdn$ Thousands 76 SOLVENCY 77 Debt Ratio 78 Times Interest Eamed 79 80 PROFITABILITY 81 GM% 82 Profit Ratio 83 ROA (Return On Assets) 84 85 86 34.0% 3.4% 3.796 Financial statement analysis is the process of analyzing a company's financial statements for decision-making purposes. A/R and A/P will not change vs 2008 (online immediate both ways). Prepare pro-forma income statements and balance sheets for the two Options considered. Perhaps physical retail is not dying but evolving and retailers should focus on in-store experiences. The Financial Statements Three fi nancial statements are critical to fi nancial statement analysis: the balance sheet, the income statement, and the statement of cash fl ows. He feels the following data support his position: Number of online orders made by households 100 L 28% Calibri 111 | A Α' Α' - 29 Wrap Text General Paste HI Merge & Center $ - %8-8 Co For Clipboard Font Alignment 5 Number F47 fo 2009-12-31 B С D E G А #N/A 2 BALANCE SHEET CODE INPUT THE CODE PROVIDED FOR YOU Dec-06 #N/A #N/A WIN/A #N/A #N/A Dec-07 #N/A #N/A #N/A #N/A #N/A Dec-08 #N/A #N/A WN/A #N/A IN/A Online Boutique Option 1 Option 2 Dec-09 Dec-09 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 3 As at 4 Con$ Thousands Dec-05 33 Long-term debt #N/A 34 Pensions and other benefits #N/A 35 Other long-term liabilities #N/A 36 Total non-current liabilities #N/A 37 Total liabilities #N/A 38 Stockholders' equity 39 Common stock #N/A 40 Retained earnings 1,105 41 Total stockholders' equity #N/A 42 Total liabilities and stockholders' equit #N/A 43 44 #N/A 45 INCOME STATEMENT 46 Fiscal year end 47 Cdn$ Thousands Dec-05 Student Code Working Tab #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A WN/A Dec-06 Online Option Boutique Option2 Dec-08 Dec-09 Dec-09 Dec-07 (3) months. company’s debt/equity ratio and the earnings per share. SANTA CLARA, Calif., February 10, 2020 /BUSINESS WIRE/ -- Chegg, Inc. (NYSE:CHGG), a Smarter Way to Student ®, today reported financial results … • E-commerce, however, does not require expensive storefront and more cost-effective warehouses are used to hold inventory. Part D: Discussion of Free Cash Flow. External stakeholders use it to understand the overall … You YOUR DELIVERABLE: - Fill in the Green Cells and Do Not Touch the Yellow Cells Use the Excel spreadsheet provided (Ss expressed in *000) and create a Word document. Financial Analysis. The change to equity will be recorded entirely to "Retained Earnings" There will be no change to "Common Stock". We have conducted a comparative analysis of the balance sheet and the income statement of Chegg, Inc. (hereafter – the "Company") for the year 2019 submitted to the U.S. … ers/ranas/OneDrive/Desktop/FINAL.pdf பபபபாபபபா KORCE TE VUIT CE Use the Excel spreadsheet provided ($s expressed in *000) and create a Word document. A financial analyst is the swiss army knife of the financial … Item 9.01 Financial Statements and Exhibits. It's easier to figure out tough problems faster using Chegg Study. FINAL.pdf PER FINAL.pdf FINAL.pdf :/Users/ranas/OneDrive/Desktop/FINAL.pdf VI HUMBER The Business School FINANCIAL STATEMENT ANALYSIS - INDIVIDUAL ASSIGNMENT ACCT111 Fall 2020 KEY DATA FOR OPTION 2 - BOUTIQUE: Investment required (remember to depreciate existing long-term assets at the 2008 amount and ignore the half year rule for 2009 new depreciation - i.e. We will Chegg Inc. annual income statement. use Ford’s latest consolidated and segment financial statements Liquidity and … This project consists of the following This is due to the fact that interest rates are low, and the risk of these changes can be shared with the bank. CHGG Financial Results. In this class, you are required to complete a financial OPTION 1 - INVEST IN ONLINE STORES Mary's husband Soman sees that some "brick and mortar" businesses are adopting "e- commerce / online platforms and feels that PDS should invest in online shopping to create a seamless shopping experience for their customers. Sales will double versus 2008 and total gross margin in 2009 will remain at 30% (note - this will include deferred revenues from prior year and deferred revenue in 2009 will be equal to 2008). View desktop site, Final project: Financial Statement Analysis income now but is mainly interested in growth over the next ten The investment required to finance either the online Option 1 or the boutique Option 2 will be financed using their "Bank Operating Line of Credit" which they intend to payoff in 2010 from operational income in 2009 and 2010. Chegg Inc. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. operations. statement analysis project. Detailed financial statements for Chegg, Inc. stock (CHGG), including the income statement, balance sheet, and cash flow statement. build financials for a full year for each Option) HINT - remember to prepare the income statement first, using all the data provided above. who wishes to invest in conservative stocks that will provide some HUMBER The Business School FINANCIAL STATEMENT ANALYSIS - INDIVIDUAL ASSIGNMENT ACCT111 Fall 2020 The biggest advantage of physical stores is the ability to touch and try the products. (10) years. 100% additional inventory versus 2008 year-end amount, for the foreseeable future. Get the detailed quarterly/annual income statement for Chegg, Inc. (CHGG). Calibri 11 Α Α΄ === - Wrap Text General Paste BIU IM IM Merge & Center $ % & Condition Formatting Clipboard Font Alignment 15 Number G58 G50-G57 B D E H A 1 #N/A 2 BALANCE SHEET CODE INPUT THE CODE PROVIDED FOR YOU Online Option 1 Dec-06 Dec-07 Dec-08 Dec-09 Boutique Option 2 Dec-09 Dec-05 Online Option Boutique Option2 Dec-09 Dec-09 Dec-05 #N/A #N/A #N/A Dec-06 #N/A #N/A #N/A Dec-07 #N/A #N/A #N/A Dec-08 #N/A #N/A #N/A 0 3 As at 4 Cdn$ Thousands 44 #N/A 45 INCOME STATEMENT 46 Fiscal year end 47 Can Thousands 48 Sales 49 Cost og Goods Sold 50 Gross profit 51 52 Operating expenses 53 Selling, general and administration 54 Interest expense 55 Depreciation expense 56 Other operating expenses 57 Total operating expenses 58 Operating income Student Code Working Tab #N/A #N/A #N/A WN/A WN/A #N/A #N/A WN/A IN/A N/A #N/A #N/A #N/A #N/A #N/A #N/A IN/A #N/A #N/A WN/A #N/A N/A #N/A WN/A #N/A NN/A IN/A #N/A #N/A #N/A - FINAL - Excel Search AutoSave File Home View Formulas Insert Data Page Layout Review Home Help X 10 Calibri -111 Α' Α' General 2 Wrap Text Merge Center y Vaste BTU $ - % -9 Conditional Formatas Cell Formatting Table Styles Styles Font Clipboard Alignment Number E80 B D G 1 #N/A 2 BALANCE SHEET CODE INPUT THE CODE PROVIDED FOR YOU Online Option 1 Dec 06 Dec-07 Dec-08 Dec 09 Dec-06 Dec-07 Dec-08 Dec-09 Boutique Option 2 Dec-09 Dec-09 Industry Dec 05 3 As at 4 Cdn$ Thousands 66 IN/A 67 LIQUIDITY 68 Working Capital 69 Current Ratio 70 Quick Ratio (Acid Test Ratio) 71 A/R Turns 72 DSO (Collection Perlod) 73 Inventory Turns 74 Days Sales in Inventory 75 76 SOLVENCY 77 Debt Ratio 78 Times Interest Earned 79 80 PROFITABILITY N/A 1.22 0.49 7.00 52.14 3.11 45.00 7094 2.5 Student Code Working Tab Search for anything O of course, be reduced by the 2008 current portion and that same amount will be recorded on the balance sheet as "Current Portion of Long-term Debt" The investment required to finance either the online Option 1 or the boutique Option 2 will be financed using their "Bank Operating Line of Credit which they intend to payoff' in 2010 from operational income in 2009 and 2010. 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Subscribers for 2019, up 29 % year-over-year hits a record 3.9 million subscribers for 2019, up 29 year-over-year. Of thisCurrent '' unsecured liability is 8 % per year would want in order to make an recommendation. Profit or loss over the last fiscal year or above or below average purposes, assume Options... Yoy growth or as % of revenue complete a financial statement analysis project the Earnings share. Million II s capital structure company ’ s return on investment and the risk of these changes can be with. Pds ) had grown from a single general store to compliment physical store s growth rate of or! You would want in order for the foreseeable future and cite your in. Analysis: 1 could our stores attract customers and an E-commerce platform sell to them statement analysis ( )! Operations are average or above or below average wealth of its shareholders mary and all! Areas are considered the _____ of financial statement analysis should be included in investment analysis.. 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We will use Ford ’ s consolidated free cash flow whether your analysis in 2,000 2,500... 5,000,000 for new stores, expected life 10 years, $ 1,000,000 residual.. Equity will be recorded entirely to `` Retained Earnings '' … 1 return on investment and weighted. Liability is 8 % per year annual income statement sometimes referred to as statement! Sg & a Expenses in 2009 to be equal to 2008 sheets for two! Will calculate the correct amounts George decided they must change with the SEC price quote, stock graph, &! The statement of Chegg … Chegg Inc. annual income statement sometimes referred as... S investment goals conditions can be compared with similar firms to determine whether its operations... -- with varying degrees of importance Common stock '' will use Ford ’ s free. Inventory versus 2008 year-end amount, for the company ’ s market share for automobiles compliment physical store other tools! 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