Cases in Financial Statement Reporting and Analysis by Leopold A. Bernstein and Mostafa M. Maksy

Table of Contents A Model Case: The Coca-Cola Company PART I: CASES FOCUSING ON THE INTERRELATIONSHIPS AMONG FINANCIAL STATEMENTS (I/S, B/S, AND SCF) 1 Apple Computer, Inc. 2 General Electric Company 3 Wm. Wrigley, Jr. Company PART II: CASES FOCUSING ON SELECTED TOPICS AND ON ANALYTICAL TECHNIQUES OF FINANCIAL STATEMENT ANALYSIS 4 Abbott Laboratories 5 Gannett Co., Inc. 6 Grow Group, Inc. 7 Lowe's Companies, Inc. 8 M /A-Com, Inc. 9 McDermott International, Inc. 10 Nortek, Inc. 11 Whirlpool Corporation PART III: COMPREHENSIVE CASES 12 International Paper Company 13 InterTAN Inc. 14 Pfizer, Inc. 15 United Technologies Corporation 16 Waste Management, Inc. MODEL CASE EXHIBITS Exhibit 1 Determination of Gross Profit under FIFO 2 Determination of Income Taxes Paid (Received) during 1991 3 Determination of Original Cost and Related Accumulated Depreciation of PPE Sold and/or Written Off during the year 4 Determination of LTD Paid during year 5 Analytically Recast Income Statements 6 Statement Accounting for Variation in Net Income from 1990 to 1991 7 Statement Accounting for Variation in Average Net Income from 1986-88 Period to the 1989-91 Period 8 Computing Averages for 1986-88 Period versus 1989-91 Period in Preparation for Statement Accounting for Variation in Net Income for Same Periods 9 Analysis of Results of Business Segments for 1989-91 10 Analysis of Discretionary and Future-Directed Costs 11 Proof that the Changes in B/S Accounts Are Explained by the SCF (and Reconstructing Undisclosed Transactions) 12 Analytically Recast SCF for 1989-91 13 Common Size Analytically Recast SCF for the Three-Year Period 1989-91 Combined 14 Selected Short-Term Liquidity Ratios 15 Selected Capital Structure and Long-Term Solvency Ratios 16 Selected Asset Utilization Ratios 17 Selected Profit Margin Ratios 18 Selected Return on Investment Ratios 19 Selected Market Measures 20 Analysis of Composition of the Return on Average Common Equity for 1991