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What information is provided in Chipotle’s basic financial statements?

Chipotle Mexican Grill, Inc. (NYSE: CGM) is a publicly held corporation with more than $5 billion in assets. To follow are Chipotle’s four basic financial statements for its most recent year, the year ending December 31, 2019.  Please note that all statements have been adapted and condensed for educational use and should not be used […]

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Accounting Case Template tool available to build an introductory financial accounting case assignment

Again, as we start a new semester, I wanted to point out the availability of a tool that may be of use in teaching introductory financial accounting. The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from […]

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Create Customized Financial Accounting Case Assignments with the Accounting Case Template

The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from which the instructor can choose, allowing the instructor to quickly build a case assignment customized for his/her specific course. It takes about two minutes to […]

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What has been the accounts payable turnover trend for Hasbro and Mattel?

Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) are two companies in the toy and game industry. Hasbro products include Monopoly board games, G.I. Joe dolls, Furby electronic stuffed animals, Transformers mechanical toys, and the My Little Pony toys. Mattel products include Fisher-Price toys, Barbie dolls, Hot Wheels cars, American Girl dolls, Apples to […]

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What does Huntington’s Form 10-K disclose about its loans and leases (aka “receivables”) and the related allowance accounts?

Huntington Bancshares Incorporated (NASDAQ:HBAN) recently acquired the Ohio-based FirstMerit Corp., further increasing Huntington’s market share across eight states in the Midwest: Ohio, Pennsylvania, West Virginia, Kentucky, Indiana, Michigan, Wisconsin, and Illinois.  It is now the 33rd largest bank holding company in the United States, according to the Federal Deposit Insurance Corporation (FDIC) as of the […]

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How do Facebook and Twitter’s current and debt ratios compare?

Facebook, Inc. (NASDAQ: FB), and Twitter, Inc. (NYSE: TWTR), are two of the most popular publicly-held social media companies. Both are relatively young companies; Facebook was founded in 2004, while Twitter was started in 2006. To follow are adapted and condensed balance sheets for both Facebook and Twitter as of December 31, 2015. Please note: […]

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What information is provided in Facebook’s basic financial statements?

Facebook, Inc., is a publicly held corporation and is frequently in the news.  For example, in August 2016, it announced a new feature called “Lifestage,” which is an iOS app that emulates Snapchat and is designed to be used by teens. Also in that same month, Mark Zuckerberg sold $95 million of his Facebook shares. […]

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Which is healthier from a cash flow standpoint, Sears or Wal-Mart?

Sears Holding Corporation (SHLD) announced in April 2016 that it would be closing 68 Kmart and 10 Sears stores during the second half of 2016. The stores it is closing have not been profitable for Sears and it is looking to improve profitability with the closures. Similarly, Wal-Mart Stores, Inc., (WMT) announced in January 2016, […]

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What types of Property, Plant and Equipment does Domino’s have on its balance sheet?

Domino’s (DPZ) recently made the news when it launched its pizza delivery vehicle, the Domino’s DXP™ (Delivery Expert).  The DXP™ is a modified Chevy Spark electric automobile. At the October 2015 launch, there were 97 DXP™ in Domino’s nationwide fleet, with more to come. Domino’s has several categories of Property, Plant and Equipment (PP&E) on […]

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