Examlex
The following information has been adapted from the 2004 and 2005 annual reports of Halliburton Company's worldwide operations, available online at
http://ir.halliburton.com/phoenix.zhtml?c=67605&p=irol-irhome
HALLIBURTON COMPANY
Consolidated Statements of Operations
HALLIBURTON COMPANY
Condensed Consolidated Statements of Cash Flows
HALLIBURTON COMPANY
Consolidated Balance Sheets
-Divide the class into teams of three or four people.Each team member should work the following problem separately outside of class.Then give the students time in class to compare answers with their teammates and put together a final,correct copy of the problem.Each team should turn in only one copy of the problem for grading.All team members will receive the same grade.
Use the adapted financial statements from Halliburton Company to answer the following questions:
10.Use the liquidity ratios you have just calculated to discuss Halliburton Company's liquidity.
14.Use the solvency ratio you have just calculated to discuss Halliburton Company's solvency.
Securities
Financial instruments that represent either ownership (stocks), a debt agreement (bonds), or rights to ownership (derivatives) that can be bought and sold.
Primary Market
The financial market where new securities are issued and sold for the first time, typically through public offerings or private placements.
Controller
A senior financial officer responsible for managing the accounting operations of a business, including financial reporting and budgeting.
Tax Management
The process of analyzing financial situations or decisions from a tax perspective with the aim to minimize tax liability.
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