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What information can be calculated from Wendy’s 2021 trial balance?

The Wendy’s Company (NASDAQ: WEN) is a fast-food chain and is a publicly held corporation. Wendy’s fiscal reporting periods consist of 52 or 53 weeks ending on the Sunday closest to December 31. Wendy’s 2021 fiscal year ended January 2, 2022, and its 2020 fiscal year ended January 3, 2020. To follow is a condensed […]

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What information is provided in Chipotle’s basic 2021 financial statements?

Chipotle Mexican Grill, Inc. (NYSE: CGM) is a publicly held corporation with more than $6 billion in assets. To follow are Chipotle’s four basic financial statements for its most recent year, the year ending December 31, 2021.  Please note that all statements have been adapted and condensed for educational use and should not be used […]

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30-minute webinar on Google Sheets data cleaning project this Tuesday, July 19, 1 pm Eastern

Are you interested in data cleaning and visualization? Do your students use Google Sheets? Want a ready-made project for your class that uses Google Sheets for data cleaning and visualization? I have developed a case that is suitable for introductory accounting that uses just Google Sheets – and I provide step-by-step tutorial videos, making it […]

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A financial statement analysis mini-dashboard for a quick data analytics exercise

Looking for a quick data analytics exercise for financial statement analysis in an introductory accounting class? You can give your students the link for this financial statement analysis dashboard and then ask a series of questions. There is no software for students to install; the dashboard is hosted on Tableau Public and can be accessed […]

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How does Amazon’s stock buyback impact its earnings per share and balance sheet?

In March 2022, Amazon’s board of directors authorized it to buy back up to $10 billion of its stock. The stock buyback will take place over a multi-year period. Amazon may not buy back the full $10 billion of its stock; the board’s authorization is simply the maximum amount of stock that can be repurchased. […]

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How does Nordstrom’s dividend announcement impact its balance sheet?

Nordstrom, Inc., is a luxury department store chain headquartered in Seattle, Washington. It was founded in 1901 as a shoe store. It would begin selling clothes more than sixty years later in 1967. Its stock ticker symbol, JWN, represents the initials of Nordstrom’s founder, John W. Nordstrom. Nordstrom had a history of declaring dividends regularly […]

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How will Chipotle recognize the costs of Chippy, its tortilla-chip-making robot?

Chipotle is currently testing Chippy, a robot that makes tortilla chips. Chippy makes the chips less than perfect so that they appear to be made by a human. Customers are used to finding a chip with a little more salt or a little extra lime, so Chippy is making those subtle variations in the chips. […]

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How will the $2 billion bond issuance by the University of Michigan impact its balance sheet?

The University of Michigan issued $2 billion in bonds in March 2022. The proceeds from these bonds will be used to finance construction and renovation projects on the campus. $1.2 billion was issued as century bonds, which must be repaid in 100 years. This century bond issuance is the largest century issuance in the higher […]

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How does Amazon’s 20-for-1 stock split impact its stockholders’ equity?

Amazon announced a 20-for-1 stock split in March 2022. This stock split was its first stock split in over twenty years. On the day that Amazon announced its stock split, one share of its stock was selling for $2,785.58. The stock split will occur at the close of business on June 3, 2022. The stock […]

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New! Beginning Data Cleaning (ETL) & Analytics Project for Excel: KAT Concession Supply

Just posted this project on the other blog I co-author, Accounting Is Analytics. I am really excited about this project – it introduces accounting students to basic data cleaning and analytics concepts using Excel. Read on for how to request this first beginning level project that uses Excel for data cleaning and analytics. A key […]

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