Financial Health

Analyzing a Companys Financial Health September 23, 2007 Among our global preservation in that location are decisions that hold the authoritative perspective and the future of a company to secureher. These decisions are the product of research, corporal policy, and law. Therefore, the accounting mental process and the ability to analyze the capability of fiscal statements is at the pith of any decision-making process. The corporate surround is not only prudent by law, but besides has a moral right to any investors and shareholders in baffle to manage any finance such as assets, disparagement, stock, and dividends. Krispy Kreme is a company that has assumed such responsibility to its customers and shareholders. Their financial report depicts a continual process of managerial decision-making while pursue maturement, profit, and expansion. However, reporting financial information in an effort to agree certain requirements is only the descent of determi ning the overall financial health of the company. The most current financial data is for the power point of February 3, 2002. The preceding reported geezerhood are February 1, 1998; January 31, 1999; January 30, 2000; January 28, 2001 (KKD, 2002).

These preceding forms will be principal(prenominal) in concluding the final abridgment on the financial health for Krispy Kreme for the most current date of February 3, 2002. To begin, Krispy Kremes depreciation expenses pink wine significantly to $6.5 million in fiscal year 2001(KKD, 2002). This ontogeny was significant from fiscal year 2000, which $4.5 mi llion was reported; this expiryed in an inc! rease of 42.0%. Furthermore, in both(prenominal) fiscal years, the depreciation expenses when study as a portion of the companys total revenues were 2.1%. According to Krispy Kreme reports, the growth in depreciation expenses was caused by capital asset additions as well as the speed depreciation expense. This accelerated depreciation expense was a result of the shortening of useful lives that was colligate to two store...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper