rations, which could be inferred from neither balance sheet nor income statements. In 2009, SKT went through decrease in cash and cash equivalents by 1,41,469,167 thousand won, which made total cash and cash equivalents of the company 434,177,269 thousand won. The cash flow statement is derived from the income statement and the balance sheet. Net earnings from the income statement is the figure f
decreasing as year passes
Chipotle Mexican Grill’s (CMG) A/R turnover ratio continually increasing:10~20times higher than industry average.
CMG’s current asset’s 42% and total asset’s 25% = cash very high level of cash compare to others
Example) Domino’s Pizza has the closest A/R turnover ratio to the industry average, only 9% of total is cash and cash equivalents
in 2009.
2. Balance sheet
Currency in USD. All numbers in thousands
Period Ending Sep 25, 2010 Sep 26, 2009 Sep 27, 2008
Assets
Current Assets
Cash And Cash Equivalents 11,261,000 5,263,000 11,875,000
Short Term Investments 14,359,000 18,201,000 12,615,000
Net Receivables 11,560,000 6,192,000 6,151,000
③ Environmentally-responsible aviation : By March 2010, EU-based airlines must provide carbon dioxide emission reports. That’s why, over the last six months, several EU airlines have begun using bio-fuel either wholly or in part on certain routes. This trend is now spreading to North America where several airlines have indicated their interest in buying eco-friendly jet fuel.
3. History w
I. Introduction
1. Purpose of the Project
The purpose of this our group was to analyze two similar hospitality companies by using tools learned in accounting class. Based on annual reports of two companies, our group members learned how the terms learned in class is actually used in the report. We hope to understand how certain variation affects accounting items and identify why certain does