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accounting

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Issue:

Business

 

Written by:

Lola A

 

Date added:

August 15, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1399

 

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2871 times

 

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Essay content:

The difference between the year 2000 and 2001 was a 5.35% increase (5,450-5,173/5,173 = .0535). The difference between the year 2001 and 2002 was a 45.85% increase (7,949-5,450/5,450 = .4585). 3. The largest expense for General Mills for the years 2000, 2001, and 2002 was the same; over 50% of the revenue each year went towards the cost of sales...
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Sales in 2002 were the largest, about 7% more than the two previous years. 2000: (2,698/5,173) = .522 = 52.2% 2001: (2,841/5,450 = .521 = 52.1% 2002: (4,767/7,949) = .599 = 59.9% 4. Net Income: 2000: $614 million 2001: $665 million 2002: $458 million When comparing the net income figures for the past three years, it is seen that between 2000 and 2001, the net income increased by $51 million, but between 2001 and 2002, the net income decreased by $207 million...
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General issues of this essay:
expansion of the Federal governmrnts power, at the expense of sectionalism Proposal for Cutting Operational Expense Types of dividends Conversion Structure – Taking Advantage Of Uncut Dividends Debt Vs. Equity Financing Dividends And Mar Ket Ef Ficiency dividends General Mills General Mills: A History Of Responsibility monthly expense plan Stock Dividends, Stock Splits and Reverse Splits Tax Section 311 Taxability of a Corporation on Dividends General Mills History The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process. Our society is overly materialistic. We center our lives on acquiring material things at the expense of such traditional values as family and education.
 

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