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Interco Case

1238 words 3 pages

Interco Case Study Interco’s financial performance was moderately successful for the 1988 fiscal year. Interco’s current ratio (3. 6 to 1) and debt-to-capitalization rate (19. 3%) indicate that the company is financially flexible. Furthermore, both overall sales and net income increased from the previous year (1987) due largely to the strong performance of Interco’s furniture […]

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Home Depot Financial Analysis

1563 words 4 pages

PART 1 There are 3 years covered in the following primary comparative financial statements, namely fiscal years ended 1 February 2004, 2 February 2003 and 3 February 2002: Consolidated Statement of Earnings Statement of Stockholders Equity and Comprehensive Income Consolidated Statements of Cash Flows There are 2 years covered in the Consolidated Balance Sheet, namely […]

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Popular Questions About Fiscal year

How do I calculate fiscal year?

Formula for Calculating Fiscal Year Here is the formula =IF (MONTH (date)>3,YEAR (date)&"-"&YEAR (date)+1,YEAR (date)-1&"-"&YEAR (date)) How it works - The formula simply checks for the current date's month against march and adjusts the year as per that!

How to create fiscal year?

Enter two digit unique fiscal year variant keyEnter a Description for Variant created.If Fiscal Year is year dependent , that is if start and end dates for fiscal year changes between year, then select this option, normally it is used for shortened If Fiscal Year is same as calendar year , that is Jan - Dec , then select this option.

How to write fiscal year?

Be concise and consistentWhen to include the year. Include the year only if it is different from the present year (the year in which the publication or correspondence is dated) and always if Avoid using "last" and "next" Last has several meanings and its use in reference to time can be confusing. Make your meaning clear. Fiscal and academic years.

What does the term fiscal year mean?

A fiscal year (FY) is a period that a company or government uses for accounting purposes and preparing financial statements. A fiscal year may not be the same as a calendar year, and for tax purposes, the Internal Revenue Service (IRS) allows companies to be either calendar-year taxpayers or fiscal-year taxpayers.

Fiscal Year Essay Examples

Popular Questions About Fiscal year