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Essay

Gap Inc Future

Essay specific features

 

Issue:

Business

 

Written by:

Philip M

 

Date added:

November 23, 2016

 

Level:

 

Grade:

A

 

No of pages / words:

3 / 696

 

Was viewed:

7047 times

 

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Essay content:

This was a result of Gap Inc.’s repurchasing their common stock shares and an increased in their capital expenditures. Common stock repurchases increased Treasury stock 19.8% or $1 billion; dropping outstanding shares to 43,116 from the previous year. Additional paid-in capital increased by a healthy $229 million at the same time decreasing long-term debt by -63% or $325 million as a result of the repurchase plan...
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Additional paid-in capital increased by a healthy $229 million at the same time decreasing long-term debt by -63% or $325 million as a result of the repurchase plan. Gap Inc.’s decrease in income tax payables to -81% for a savings of $69 million resulted from favorable tax rate settlement. Accrued expenses which comprises of payroll and related benefits, deferred rent liability and other current liabilities; climbed to $97 million up 13% from 2005; further increasing their current liabilities to $330 million up 17% from 2005...
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