Choose a topic that talk about a company Term Paper

Choose a topic that talk about a come with - condition Paper ExampleIncome statements and balance sheets are considerably two of the more important accounting instruments in reflecting the fiscal situation of companies. Hence, balance sheets and income statements are frequently used by companies. Accounts of a particular community are likely to get affected as a result of variation in assets of company at one hand and liabilities on the separate hand, respectively (Helfert 40). These financial instruments are, therefore, helpful to configure two assets and liabilities. The income statement is the overall view of the companys financial state and tends to vary with the variation in cash and expenses. On the other hand, the balance sheet reveals the true picture of the current financial perspective of the company. Likewise various other patterns are part of the financial practices across the world but near all of them, ultimately, serve the same purpose. This report precisely a ims to give an insight on the use of financial instruments namely the 10 K for fiscal year cease December, 2012, by Yahoo Inc., and the affect of several(predicate) journal entries on EPS (Earning per share) & in net income. Earnings per share (EPS) serve as an indicator of a companys profitability. Allocating portion of a companys profit to each outstanding share of common stock is a standard activity. This report will also focus on multiple journal entries featuring the financial tool ground on Form 10 K and their subsequent effects on net income and EPS. daybook Entries Journal entries are about reporting financial transaction in an accounting book of the company. These entries serve as source information to generate other financial reports (Wolfe). The financial statements (Form 10 - K) for Yahoo Inc. for the year ended December, 2012, will remain the primary focus of analysis in the discussion ahead (Yahoo Inc. 79). Duly amalgamated equilibrate Sheet of Yahoo Inc. is app ended below, for referral, with regard to discussion on journal entries. Yahoo Inc. Consolidated Balance Sheet December 31, 2012 ASSETS Current assets Cash and cash equivalents 2,667,778 Short terminus marketable securities 1,516,175 Accounts receivable 1,008,448 pay expenses and other current assets 460,312 union current assets 5,652,713 languish term marketable debt securities 1,838,425 Alibaba Group Preference Shares 816,261 place and equipment, net 1,685,845 Goodwill 3,826,749 Intangible assets, net 153,973 Other long term assets 289,130 Investments in equity interests 2,840,157 Total assets 17,103,253 LIABILITIES AND EQUITY Current liabilities Accounts payable 184,831 Accrued expenses and other current liabilities 808,475 Deferred revenue 296,926 Total current liabilities 1,290,232 Long term deferred revenue 407,560 Capital lease and other long term liabilities 124,587 Deferred and other long term tax liabilities, net 675,271 Total liabilities 2,497,650 Commitments and cont ingencies - Yahoo Inc. stockholders equity Preferred stock, $0.001 par value, 10,000 shares authorized none issued or outstanding - Common stock, $0.001 par value, 5,000,000 shares authorized 1,189,816 shares issued and 1,115,233 shares outstanding as of December 31, 2012 1,187 Additional paid in capital 9,563,348 Treasury stock at cost, 74583 shares as of December 31, 2012 (1,368,043) Retained earnings 5,792,459 Accumulated other comprehensive income 571,249 Total Yahoo Inc. stock