Conduct a search on the Internet to find each company’s (Samsung,…

Conduct a search on the Internet to find each company’s (Samsung, H&M clothing, and loblaw companies) financial statements, including their balance sheet and income statement. (provide links)

1.) How many amount columns do you see for each company?

2.) Why do you think companies report amounts for different dates?

3.) Use the most current date column to answer the ff: 

(below is an Example)

Image transcription text

Company Name Apple Incorporation How much does this company own? $83.0 billion What are the total
debts? $94.700 billion If this is a corporation it will have the $58.10? billion shareholders as the owners. What
is the total owner’s worth? How is the owner’s worth calculated? Assets – Liabilities = Net Work T… Show more

a.) 

Company #1: Samsung Electronics 

• How much does this company own?
• What are the total debts?
• If this is a corporation it will have the shareholders as the owners. What is the total owner’s worth?
• How is the owner’s worth calculated?
• There is a single line located above the amount of total assets. Where else do you see a single line?
• If this statement has a double line, indicate which totals these are under.
• Refer to the two date columns. Has this company’s financial position gone up or down? How much?

b.) 

Company #2: H&M clothing

• How much does this company own?
• What are the total debts?
• If this is a corporation it will have the shareholders as the owners. What is the total owner’s worth?
• How is the owner’s worth calculated?
• There is a single line located above the amount of total assets. Where else do you see a single line?
• If this statement has a double line, indicate which totals these are under.
• Refer to the two date columns. Has this company’s financial position gone up or down? How much?

b.) 

Company #3: Loblaw companies 

• How much does this company own?
• What are the total debts?
• If this is a corporation it will have the shareholders as the owners. What is the total owner’s worth?
• How is the owner’s worth calculated?
• There is a single line located above the amount of total assets. Where else do you see a single line?
• If this statement has a double line, indicate which totals these are under.
• Refer to the two date columns. Has this company’s financial position gone up or down? How much?

4.) Which company do you think is in the best financial position? Explain.