ACCT523 Stanford Logitech International company Financial Statement Analysis I have this case Financial Statement Analysis Logitech International company.
ACCT523 Stanford Logitech International company Financial Statement Analysis I have this case Financial Statement Analysis Logitech International company. I did the question 1 but you have still re-checked . Especially that highlighted with yellow color
Required :
check the file . there are 10 question you have to do all of it.
this is the link for 10-k : https://www.sec.gov/Archives/edgar/data/1032975/00…
you have to use this link.
Attachment :
the questions and my work. 31-Mar
2018
2018
2017
2017
Assets
Current Assets:
Cash and cash equivalents
641,947
37%
547,533
37%
Accounts Receivable
214,885
12%
185,179
12%
Inventories
259,906
15%
Other current assets
56,362
Short-term investments
Total current assets
Property, plant, & equipment
Goodwill
Other intangible assets
Other assets
Total assets
Liabilities and Shareholders’
equity
253,401
3%
41,732
17%
3%
1,173,100
67%
1,027,845
69%
86,304
5%
85,408
6%
275,451
16%
249,741
17%
87,547
5%
47,564
3%
120,755
7%
88,119
6%
1,498,677
100%
1,743,157
100%
Current Liabilities:
Accounts payable
293,988
17%
274,805
18%
Accrued liabilities
281,732
16%
232,273
16%
Total current liabilities
575,720
33%
507,078
34%
692,600
40%
642,566
42%
Other Liabilities
Total liabilities
Commitments and contingencies
Shareholders’ equity:
30,148
2%
30,148
2%
47,234
3%
26,596
2%
2018 and 2017, respectively
(165,686)
(9.5%)
(174,037)
( 12% )
Retained Earnings
1,232,316
71%
1,074,110
72%
(93,455)
( 5% )
Share, par value CHF 0.25 -173,106
issued and authorized and
50,000,000 conditionally authorized
at March 31, 2018 and 2017
Additonial paid-in capital
Shares in treasury, at cost8,527
and 10,727 shares at March 31,
Accumulated other comprehensive
loss
(100,706)
( 7% )
Total shareholders’ equity
1,050,557
60%
856,111
57%
1,743,157
100%
1,498,677
100%
Total liabilities and shareholders’
equity
2.
Evaluate the asset, debt, and equity structure of Logitech, and explain trends and
changes found on the common-size balance sheet.
–
Decrease in inventories by 2% of total Assets. From 17% to 15%.
–
Current assets decreased by 2% of Asests. This may be concerning because Current
Assets are what we can convert into cash quickly
–
Department of Accounting & Finance
Accounting 523-Financial Statement Analysis
1. Using the consolidated balance sheet for Logitech International SA for March 31,
2018 and 2017, prepare a common size balance sheet and income statement (1
point).
2. Evaluate the asset, debt and equity structure of Logitech, and explain trends and
changes found on the common size statements (1 point).
3. Analyze accounts receivable and allowance for doubtful accounts (1 point).
4. What inventory method is used to value inventories? Does this method reflect
current costs at year end? (1 point).
5. Based on the inventory valuation method used, would you expect Logitech to have
tax savings or pay more in taxes? Explain your answer (1 point).
6. Discuss the commitments and contingencies of Logitech and the significance of the
items.
7. Is there a change in retain earnings from 2017 to 2018? If yes, explain why (1 point).
8. Discuss any positive information learned from the 10-K (1 point).
9. What concerns would investors and creditors have based only on your analysis (1
point).
10. What additional financial and non-financial information would investors and
creditors need to make good investing and lending decisions for Logitech? (1 point).
Purchase answer to see full
attachment
