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Earnings before interest Essay Topics & Paper Examples

Extraordinary Items

Just to shed more light on this case, extraordinary items are events and transactions that meet two conditions: They are unusual in nature and infrequent in occurrence. To be considered unusual, the item should be abnormal and only incidentally related to the customary activities of the entity. To be regarded as infrequent, the event or transaction should not be reasonably expected to recur in the foreseeable future. A company must evaluate both criteria in terms of the environment in which it operates. Thus, Weyerhaeuser Co. reported the $36 million in damages to its timberland caused by the eruption of Mount St. Helens as an extraordinary item because the event was both unusual and infrequent. In contrast, Florida Citrus Company does…


4. Is Dell’s strategy working? What is your assessment of the financial performance that Dell’s strategy has delivered during fiscal years 2000-2008? Use the financial ratios presented in the Appendix of the text (pages 240-241) as a basis for doing your calculations and drawing conclusions about Dell’s performance. Selected Financial Statement Data for Dell Inc., Fiscal Years 2000 – 2008 (in million, except per share data) | February 1, 2008| February 2, 2007| February 3, 2006| January 28, 2005| January 30, 2004| February 1, 2002| January 28, 2000| Results of Operations| | | | | | | | Net Revenue| 61,133| 57,420| 55,788| 49,121| 41,327| 31,168| 25,265| Cost of Revenue| 49,462| 47,904| 45,897| 40,103| 33,764| 25,661| 20,047| Gross Margin| 11,671|…