Executive Summary of Microsoft Corporation's Annual Report

2544 Words Dec 5th, 2011 11 Pages
Executive Summary of Microsoft Corporation
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Executive Summary The purpose of this executive summary is to analyze the most recent financial statements for Microsoft Corporation. First some of the major events in the history of the company will be identified. The company's financials, including the income statement, balance sheet, and statement of cash flows will be analyzed. This includes the company's assets, liabilities, revenue, and net income. Last a comparison provides how net income for the organization changed over the last three fiscal periods.
Company History: When was the Company Founded? By Whom? List Other Historical Facts.

Microsoft Corporation, founded by Chair Bill Gates and Paul Allen, Senior Strategy

Advisor,
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Thanks in part to a

recovering economy, assets for Microsoft increased in 2010. The two largest current assets types

for the reporting period of 2010 remained the same with short-term investments (31.28 billion)

and receivables (13.01 billion) leading the way. * * What Were the Company’s Total Assets at the end of its 2 Most Recent Annual Reporting Periods? * * Microsoft (2010). Microsoft annual report 2010. Balance sheet (p. 36.) * June 30, | | 2010 | | | 2009 | | | | | Assets | | | | | | | | | Current assets: | | | | | | | | | Cash and cash equivalents | | $ | 5,505 | | | $ | 6,076 | | Short-term investments (including securities loaned of $62 and $1,540) | | | 31,283 | | | | 25,371 | | | | | | | | Total cash, cash equivalents, and short-term investments | | | 36,788 | | | | 31,447 | | Accounts receivable, net of allowance for doubtful accounts of $375 and $451 | | | 13,014 | | | | 11,192 | | Inventories | | | 740 | | | | 717 | | Deferred income taxes | | | 2,184 | | | | 2,213 | | Other | | | 2,950 | | | | 3,711 | | | | | | | | Total current assets | | | 55,676 | | | | 49,280 | | Property and equipment, net of accumulated depreciation of $8,629 and $7,547 | | | 7,630 | | | | 7,535 | | Equity and other investments | | | 7,754 | | | | 4,933 | |
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