Needles/Powers 2002e Financial and Managerial Accounting

Needles Accounting Resource Center

Financial & Managerial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College


	Toys'R'Us Annual Report Activities Chapter 4 Fiscal Year, Closing Process, and Interim Reports In the To the Stockholders section of the 1997 Toys "R" Us Annual Report supplement, management stated that its goals were to streamline and reduce the number of items carried in inventory by more than 20% and to reduce the cost structure by bringing the right products to the stores more efficiently. To do this, the company implemented satellite technology in North America that instantaneously linked stores with headquarters' computer databases to make ordering, inventory control, and customer transaction authorization more cost-efficient. Explain how this computer technology and centralized databases comply with the principles of cost benefit, control, compatibility, and flexibility. Go to the linked Toys "R" Us web site and look at the SEC filings found under investor relations. What type(s) of interim reports does Toys "R" Us file with the SEC? How do these reports differ from the annual report? Either print out your answers for submission or email them to your instructor.





	ACE Practice Tests

	Chapter Summaries

	Check Figures

	Company Links

	Accounting Transaction Tutor

	Learning Objectives

	Ready Notes

	Business Readings

	Internet Research Activities

	Toys'R'Us Annual Report Activities

	Fingraph Financial Reporting and Analysis Cases Using CPAnalyst(r)



	SMARTHINKING

	Web Links