Lab 4 Annual Report
.pdf
keyboard_arrow_up
School
Temple University *
*We aren’t endorsed by this school
Course
FIN5639
Subject
Business
Date
Apr 3, 2024
Type
Pages
3
Uploaded by BaronAnteaterPerson1047
Allison Slakoper
Warner Bros. Discovery
1. Describe the company’s main products and services.
They are a media and entertainment company that offers content across television, film,
streaming and gaming. They work mainly with intellectual property.
2. In two-three sentences recap the company’s strategy.
Recent changes to the company’s strategy is to have multiple areas of cash flow such as the
company’s existing linear TV business, which includes CNN, HGTV and the Discovery Channel.
Continue with a streaming business with different tiers such as ad free and ad-supported tiers.
The company’s new strategy is to focus on content.
3. Where is the company looking for growth? (This could be a new product or market)
Warner Bros. Discovery plans on merging HBO Max and Discovery+ into a single brand, which
will become available to U.S. consumers summer 2023. Another strategy will be to reinitiate a
deal with Amazon by reselling HBO Max to its customers via its own subscription marketplace.
The company plans on slashing exclusive movies made for its streaming service.
4. What are some of the risks facing the company?
They recently merged companies with WarnerMedia Business from AT&T which has shown to
be below management’s expectations and may not achieve the increases in revenue and net
earnings expected. Factors that could negatively impact the results of operations of the
WarnerMedia Business include:
The outcome of Research & Development activities such as meeting anticipated clinical
endpoints, their ability to address comments received from regulatory authorities such as FDA
or EMA, claims and concerns that may arise regarding safety or efficacy of in line products or
call backs.
5. Who are the CEO and CFO and how long have they been in place.
David Zaslav is the CEO since May 2021 and the CFO is Gunnar Wiedenfels since April 2017
6. What are the company’s total assets and have they increased or decreased from the
previous year?
The total assets this year in millions are $134,001 which is an increase from last years $34,427
7. What was the change in its long-term debt and short-term debt?
Total Debt: 123,556M, short term debt: 13,244M, LT debt 110,312 M
8. Did the company’s revenue increase or decrease from the previous year and what
was the percentage?
2022 actual revenue: 33817M
2021 actual revenue 12191 M Revenue increased
9. How did the company’s profit compare from one year to the next?
2022:net loss(7297) and 2021 net profit 1197
10. What was the change in the company’s cash flows when it comes to their operating,
investing and financing activities?
Operating Activities
Cash provided by operating activities was $4,304 million and $2,798 million in 2022 and 2021
Cash provided by (used in) investing activities was $3,524 million and $(56) million in 2022 and
2021
Financing Activities
Cash used in financing activities was $7,742 million and $853 million in 2022 and 2021,
11. What is the stockholder’s equity of the company or book value?
$20.50 ending 12/21/2022
12. Did the company issue a dividend and how much?
No dividend
Pfizer
1. Describe the company’s main products and services.
They are a pharmaceutical company which focuses on medication, vaccines and consumer
health care products.
2. In two-three sentences recap the company’s strategy.
According to their recent earnings infographic their next moves are to maintain
patient centricity, Scale emerging tech platforms, foster a culture of innovation, Reduce
approval development cycle times, and Invest in areas they can win.
3. Where is the company looking for growth? (This could be a new product or market)
They have 19 upcoming launches ranging from new vaccines, internal Medicines, Inflammation
& Immunology, Biosimilars and Oncology. They also expect to continue revenue from COVID-19
vaccines and boosters.
4. What are some of the risks facing the company?
Competition is a main risk facing the company along with possible manufacturing delays.
Another risk is the impact of public health outbreaks, the impact of product recalls, and interest
rate and foreign currency exchange rate fluctuations
5. Who are the CEO and CFO and how long have they been in place?
The CEO is Albert Bourla who took over leadership in
January 2019.
David M. Denton is the CFO which became effective in May 2022.
6. What are the company’s total assets and have they increased or decreased from the
previous year?
In 2021 their total assets were $2.6 billion dollars. There was a $39,637 increase from last year
7. What was the change in its long-term debt and short-term debt?
Long term debt decreased from 104,013 million in 2021 to 101,288 = 2,725 M decrease in debt
Short term debt decreased from 42,671 million in 2021 to 42,138= 533 M decrease in debt
8. Did the company’s revenue increase or decrease from the previous year and what
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
1. Which of the following best describes Financial Management?
A) It is the specialty area of finance concerned with financial decision-making within a business entity.
B) It is concerned with the use of funds - the buying, holding, or selling of all types of assets.
C) It is concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations.
D) All of the other choices best describe Financial Management.
2. Which of the following least describes Financing Decisions?
A) Financing decisions are concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations.
B) It is focused on the proper acquisition of cash, cash equivalents, and trading securities for use in a company's operations and investments.
C) It involves incurring of debt, through bank loans or sale of bonds, to finance a company's operation and investments.
D) It also deals with dividend decision, which involves how much of a…
arrow_forward
FINANCIAL MANAGEMENT
arrow_forward
Colleen Stevens is the North Carolina senior account manager for a national medical equipment manufacturer. Colleen has overall responsibility for the Southeast sales division. The division employs approximately eight sales representatives. Colleen’s representatives sell equipment,but equipment maintenance is provided by the maintenance division, which is coordinated throughthe national headquarters.Colleen is most likely in charge of which type of strategic business unit (SBU)?a. Cost centerb. Revenue centerc. Profit centerd. Investment center
arrow_forward
Each of the following causes a cash flow problemexcepta. embezzlement of company funds.b. an unexpected slow selling season.c. a large number of credit sales.d. slow-paying customers.e. customers who pay on time.
arrow_forward
True or False: Write T if the statement is correct. If it is not, write F and state the reason briefly. (Please refer to the picture)
arrow_forward
I need both answers 3 upvot
Part 1
The deadweight loss due to monopoly:
is equal to monopoly profit.
represents a benefit to society.
would still exist in a competitive market.
exists because the monopoly restricts output.
Part 2
Which of the following is not a true statement?
In a monopoly market, P = MR at the monopoly output.
In a competitive market, P = MC at the efficient output.
If P = MC, there is no deadweight loss.
In a monopoly market, P > MC at the monopoly output.
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
No chatgpt
arrow_forward
Below is a summary of the SEC corporate governance requirements of companies publicly-listed in the stock exchange. For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations.
a. Boards must have a corporate governance committee composed at least 3 of independent directors.
b. The corporate governance committee must have a written charter that addresses the committee's purpose and responsibilities, and there are must be annual performance evaluation of the committee.
arrow_forward
1. Define what a Financial Statement;
2. Enumerate the key financial statement parts;
3. Discuss the tools of analysis in Financial Statement;
4. Discuss the uses of financial analysis;
5. Enumerate other people other than finance managers who use financial statements;
6. Perform horizontal or comparative analysis
arrow_forward
please answer
answer marked maybe wrong... pls tell correct answer to get a upvote from me
arrow_forward
good day tutor! im here to cure my doubts
i hv 1 question. please kindly help solve.
Required:
selected company: Pfizer Inc.
1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples.
It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19)
Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers)
thanks tutor! much appreciated~
arrow_forward
28. A taxpayer using GAAP cash -
basis on a calendar year shall
compute the taxable income
using
a. Tax cash basis on a calendar year
b. Tax cash basis on a fiscal year
c. Tax accrual basis on a calendar
year
O d. Tax accrual basis on a fiscal year
arrow_forward
Please answer in good accounting form and provide the graph. Thankyou
arrow_forward
Which of the following is true of retirement plans?
Social security is typically the only type of retirement benefit that most people need.
Good retirement plans allow organizations to better attract and retain exceptional employees.
The two major types of retirement plans are defined benefits plans and income benefits plans.
They are becoming much less important in the 21st century.
arrow_forward
Jacob Dylan only invests in lending investments. If his financial advisor gave him the list below, which might Jacob invest in?
O A. bonds
O B. stocks
O C. income-producing real estate
O D. gold
O E. none of the above
arrow_forward
For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations.
a. Boards need to consist of at least 3 independent directors of 1/3 of the board which is higher.
b. Boards need to hold regular executive sessions of independent directors without management present.
arrow_forward
The overall cost of capital for a retail store:
A reflects the return investors require on the total assets of the firm.
B remains constant even when the debt-equity ratio changes.
C is unaffected by changes in corporate tax rates.
D is equivalent to the after-tax cost of the firm’s liabilities.
Plz don't copy answer
arrow_forward
Problem 16-1 Calculating Net
Asset Value. [LO16-1]
You are given the following information:
Boston Equity Mutual Fund
Total assets
Total liabilities
Total number of shares
Calculate the net asset value for the
Boston Equity mutual fund.
Note: Round your answer to 2 decimal
places.
Net asset value
$ 89
$
L
per shar
arrow_forward
Which of the following statements is incorrect?
O Stocks are securities but bonds are not.
O 'Securitized' financial assets can be traded in financial markets.
O A mortgage-backed security into which individual home
mortgage loans are bundled is a tradable financial asset.
O A checking account
financial markets.
a financial asset that is not tradable in
Ouoction 8 (1 noint)
arrow_forward
What is decimal value got the quick ratio
arrow_forward
Multiple choice
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Related Questions
- 1. Which of the following best describes Financial Management? A) It is the specialty area of finance concerned with financial decision-making within a business entity. B) It is concerned with the use of funds - the buying, holding, or selling of all types of assets. C) It is concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations. D) All of the other choices best describe Financial Management. 2. Which of the following least describes Financing Decisions? A) Financing decisions are concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations. B) It is focused on the proper acquisition of cash, cash equivalents, and trading securities for use in a company's operations and investments. C) It involves incurring of debt, through bank loans or sale of bonds, to finance a company's operation and investments. D) It also deals with dividend decision, which involves how much of a…arrow_forwardFINANCIAL MANAGEMENTarrow_forwardColleen Stevens is the North Carolina senior account manager for a national medical equipment manufacturer. Colleen has overall responsibility for the Southeast sales division. The division employs approximately eight sales representatives. Colleen’s representatives sell equipment,but equipment maintenance is provided by the maintenance division, which is coordinated throughthe national headquarters.Colleen is most likely in charge of which type of strategic business unit (SBU)?a. Cost centerb. Revenue centerc. Profit centerd. Investment centerarrow_forward
- Each of the following causes a cash flow problemexcepta. embezzlement of company funds.b. an unexpected slow selling season.c. a large number of credit sales.d. slow-paying customers.e. customers who pay on time.arrow_forwardTrue or False: Write T if the statement is correct. If it is not, write F and state the reason briefly. (Please refer to the picture)arrow_forwardI need both answers 3 upvot Part 1 The deadweight loss due to monopoly: is equal to monopoly profit. represents a benefit to society. would still exist in a competitive market. exists because the monopoly restricts output. Part 2 Which of the following is not a true statement? In a monopoly market, P = MR at the monopoly output. In a competitive market, P = MC at the efficient output. If P = MC, there is no deadweight loss. In a monopoly market, P > MC at the monopoly output.arrow_forward
- Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forwardNo chatgptarrow_forwardBelow is a summary of the SEC corporate governance requirements of companies publicly-listed in the stock exchange. For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations. a. Boards must have a corporate governance committee composed at least 3 of independent directors. b. The corporate governance committee must have a written charter that addresses the committee's purpose and responsibilities, and there are must be annual performance evaluation of the committee.arrow_forward
- 1. Define what a Financial Statement; 2. Enumerate the key financial statement parts; 3. Discuss the tools of analysis in Financial Statement; 4. Discuss the uses of financial analysis; 5. Enumerate other people other than finance managers who use financial statements; 6. Perform horizontal or comparative analysisarrow_forwardplease answer answer marked maybe wrong... pls tell correct answer to get a upvote from mearrow_forwardgood day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required: selected company: Pfizer Inc. 1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples. It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19) Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers) thanks tutor! much appreciated~arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education