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Balance Sheet Analysis Applebees International 2004

During the analyzing of the common-sixe balance sheet of Applebee’s, it was mentioned that the total assets were increased to the 14%. Thanks to the increasing of earnings, there was mentioned the increase of income tax due. Such reasonable changes were driven by the process of amortization which concerned the intangible assets. By the way, they related to the previous acquisitions because of the sold franchisee restaurants by the net of Applebee’s. By the way, this company has so interesting and clear economic story, so everyone can think, find the mistakes and even make prognoses on the nearest future. But now we should to describe the situation, which occurred in 2004 around the company Applebee’s.

To 2004 it was a trend which increased the number of net property and equipment. The assets which were boosted in the equipment and property were related to the specific strategy, which was conducted by the leaders of Applebee’s. That’s why, after all actions and economical operations, the assets were increased up to 16% in 2004 in comparing with 2001.

To the beginning of 2004 the common-sixe for other assets and deposits has increased up to 6%. In the 2004 year the common-size inventory rate of total current assets is increased on 5%, and it is even more than during last few years. It happened thanks to the opening of new restaurants of the famous net, and the company continues to develop. Only the selling of franchisee adds to the balance more than $13 million to the total current assets of the company Applebee’s.

In 2004 more than 8 million of goodwill are recorded. At the same time, to the assets $2,5 million added for the equipment and property, which were used for rebuilding the premises for the future restaurants. In general it caused the 16% of increasing the net property, and numbers have been changed in the balance sheet. There was a 17% of increasing assets in intangibles. Due to the purchase, which was mad by cash, the significant decrease appeared. In the middle of 2004 the equivalents for the famous company Applebee’s were decreased to only 1% of total current assets. Comparing with the last year the common-size change was 3% in 2003. The chiefs of the company Applebee’s had to use Red Flag which had an obvious meaning. It means that the company used so many cash and assets for the acquisitions and expansions which don’t begin to make the money as it was expected.

During the analyzing of the common-sixe balance sheet of Applebee’s, it was mentioned that the total assets were increased to the 14%. Thanks to the increasing of earnings, there was mentioned the increase of income tax due. Such reasonable changes were driven by the process of amortization which concerned the intangible assets.

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Assignment ID
100002329
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CREATED ON
October 19, 2016
COMPLETED ON
October 20, 2016
Price
$32
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