Chapter 11, Problem 1WM

Summary Introduction

(A)

To determine:

The company Sprint Corp's recent financial data and assessing the same.

Introduction:

Initially, we derive the financial data from the mentioned website and assess the balance sheet to find out the stand of total liabilities, assets, debts, and other financial activities including the cash flow.

Explanation of Solution

Here is the balance sheet of Sprint Corp Company.

Balance Sheet

Period Ending	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Current Assets
Cash And Cash Equivalents	6,610,000	2,870,000	2,641,000	4,010,000
Short Term Investments	2,354,000	5,444,000	-	166,000
Net Receivables	3,711,000	4,138,000	2,254,000	3,488,000
Inventory	1,003,000	1,064,000	1,173,000	1,359,000
Other Current Assets	312,000	303,000	399,000	353,000
Total Current Assets	14,253,000	14,117,000	6,833,000	9,777,000
Long Term Investments	197,000	237,000	187,000	151,000
Property Plant and Equipment	19,925,000	19,209,000	20,297,000	19,721,000
Goodwill	6,586,000	6,579,000	6,575,000	6,575,000
Intangible Assets	43,774,000	43,905,000	44,542,000	45,880,000
Accumulated Amortization	-	-	-	-
Other Assets	724,000	1,076,000	541,000	737,000
Deferred Long Term Asset Charges	-	-	-	-
Total Assets	85,459,000	85,123,000	78,975,000	82,841,000
Current Liabilities
Accounts Payable	3,409,000	3,281,000	2,899,000	4,347,000
Short/Current Long Term Debt	3,429,000	5,036,000	4,690,000	1,300,000
Other Current Liabilities	2,832,000	2,912,000	3,215,000	3,956,000
Total Current Liabilities	10,800,000	12,458,000	11,963,000	10,940,000
Long Term Debt	37,463,000	35,878,000	29,268,000	32,342,000
Other Liabilities	10,777,000	17,979,000	17,961,000	17,849,000
Deferred Long Term Liability Charges	-	-	116,000	-
Minority Interest	63,000	-	-	-
Negative Goodwill	-	-	-	-
Total Liabilities	59,040,000	66,315,000	59,192,000	61,131,000
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-	-
Redeemable Preferred Stock	-	-	-	-
Preferred Stock	-	-	-	-
Common Stock	40,000	40,000	40,000	40,000
Retained Earnings	-1,255,000	-8,584,000	-7,378,000	-5,383,000
Treasury Stock	-313,000	-404,000	-442,000	-415,000
Capital Surplus	27,884,000	27,756,000	27,563,000	27,468,000
Other Stockholder Equity	-313,000	-404,000	-439,000	-408,000
Total Stockholder Equity	26,356,000	18,808,000	19,783,000	21,710,000
Net Tangible Assets	-24,004,000	-31,676,000	-31,334,000	-30,745,000

The total assets are 85,459,000 while the current assets are 14,253,000, which make 16.7% of its total. As for liabilities, the total is 59,040,000 and the current liabilities are 10,800,000, which makes 18.3%.

Conclusion:

As a conclusion, the financial statistics of a company keeps changing according to the new changes made in the operations, other new financial activities, and business development and so on.

Summary Introduction

(B)

To determine:

The company Sprint Corp's recent financial data and assessing the same.

Introduction:

Initially, we derive the financial data from the mentioned website and assess the balance sheet to find out the stand of total liabilities, assets, debts, and other financial activities including the cash flow.

Explanation of Solution

Here is the balance sheet of Sprint Corp Company.

Balance Sheet

Period Ending	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Current Assets
Cash And Cash Equivalents	6,610,000	2,870,000	2,641,000	4,010,000
Short Term Investments	2,354,000	5,444,000	-	166,000
Net Receivables	3,711,000	4,138,000	2,254,000	3,488,000
Inventory	1,003,000	1,064,000	1,173,000	1,359,000
Other Current Assets	312,000	303,000	399,000	353,000
Total Current Assets	14,253,000	14,117,000	6,833,000	9,777,000
Long Term Investments	197,000	237,000	187,000	151,000
Property Plant and Equipment	19,925,000	19,209,000	20,297,000	19,721,000
Goodwill	6,586,000	6,579,000	6,575,000	6,575,000
Intangible Assets	43,774,000	43,905,000	44,542,000	45,880,000
Accumulated Amortization	-	-	-	-
Other Assets	724,000	1,076,000	541,000	737,000
Deferred Long Term Asset Charges	-	-	-	-
Total Assets	85,459,000	85,123,000	78,975,000	82,841,000
Current Liabilities
Accounts Payable	3,409,000	3,281,000	2,899,000	4,347,000
Short/Current Long Term Debt	3,429,000	5,036,000	4,690,000	1,300,000
Other Current Liabilities	2,832,000	2,912,000	3,215,000	3,956,000
Total Current Liabilities	10,800,000	12,458,000	11,963,000	10,940,000
Long Term Debt	37,463,000	35,878,000	29,268,000	32,342,000
Other Liabilities	10,777,000	17,979,000	17,961,000	17,849,000
Deferred Long Term Liability Charges	-	-	116,000	-
Minority Interest	63,000	-	-	-
Negative Goodwill	-	-	-	-
Total Liabilities	59,040,000	66,315,000	59,192,000	61,131,000
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-	-
Redeemable Preferred Stock	-	-	-	-
Preferred Stock	-	-	-	-
Common Stock	40,000	40,000	40,000	40,000
Retained Earnings	-1,255,000	-8,584,000	-7,378,000	-5,383,000
Treasury Stock	-313,000	-404,000	-442,000	-415,000
Capital Surplus	27,884,000	27,756,000	27,563,000	27,468,000
Other Stockholder Equity	-313,000	-404,000	-439,000	-408,000
Total Stockholder Equity	26,356,000	18,808,000	19,783,000	21,710,000
Net Tangible Assets	-24,004,000	-31,676,000	-31,334,000	-30,745,000

The company seems to have issued new debt. The total cash flow in 2018 is -210,000. Total debt includes 40.68B.

Conclusion:

As a conclusion, the financial statistics of a company keeps changing according to the new changes made in the operations, other new financial activities, and business development and so on.

Summary Introduction

(C)

To determine:

The company Sprint Corp's recent financial data and assessing the same.

Introduction:

Initially, we derive the financial data from the mentioned website and assess the balance sheet to find out the stand of total liabilities, assets, debts, and other financial activities including the cash flow.

Explanation of Solution

Here is the balance sheet of Sprint Corp Company.

Balance Sheet

Period Ending	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Current Assets
Cash And Cash Equivalents	6,610,000	2,870,000	2,641,000	4,010,000
Short Term Investments	2,354,000	5,444,000	-	166,000
Net Receivables	3,711,000	4,138,000	2,254,000	3,488,000
Inventory	1,003,000	1,064,000	1,173,000	1,359,000
Other Current Assets	312,000	303,000	399,000	353,000
Total Current Assets	14,253,000	14,117,000	6,833,000	9,777,000
Long Term Investments	197,000	237,000	187,000	151,000
Property Plant and Equipment	19,925,000	19,209,000	20,297,000	19,721,000
Goodwill	6,586,000	6,579,000	6,575,000	6,575,000
Intangible Assets	43,774,000	43,905,000	44,542,000	45,880,000
Accumulated Amortization	-	-	-	-
Other Assets	724,000	1,076,000	541,000	737,000
Deferred Long Term Asset Charges	-	-	-	-
Total Assets	85,459,000	85,123,000	78,975,000	82,841,000
Current Liabilities
Accounts Payable	3,409,000	3,281,000	2,899,000	4,347,000
Short/Current Long Term Debt	3,429,000	5,036,000	4,690,000	1,300,000
Other Current Liabilities	2,832,000	2,912,000	3,215,000	3,956,000
Total Current Liabilities	10,800,000	12,458,000	11,963,000	10,940,000
Long Term Debt	37,463,000	35,878,000	29,268,000	32,342,000
Other Liabilities	10,777,000	17,979,000	17,961,000	17,849,000
Deferred Long Term Liability Charges	-	-	116,000	-
Minority Interest	63,000	-	-	-
Negative Goodwill	-	-	-	-
Total Liabilities	59,040,000	66,315,000	59,192,000	61,131,000
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-	-
Redeemable Preferred Stock	-	-	-	-
Preferred Stock	-	-	-	-
Common Stock	40,000	40,000	40,000	40,000
Retained Earnings	-1,255,000	-8,584,000	-7,378,000	-5,383,000
Treasury Stock	-313,000	-404,000	-442,000	-415,000
Capital Surplus	27,884,000	27,756,000	27,563,000	27,468,000
Other Stockholder Equity	-313,000	-404,000	-439,000	-408,000
Total Stockholder Equity	26,356,000	18,808,000	19,783,000	21,710,000
Net Tangible Assets	-24,004,000	-31,676,000	-31,334,000	-30,745,000

Other companies like Square Inc., Nio Inc and Morgan Stanley have been assessed. After the assessment, it is clear that no patterns as such have been followed.

Conclusion:

As a conclusion, the financial statistics of a company keeps changing according to the new changes made in the operations, other new financial activities, and business development and so on.