INTERNET RESEARCH



INTERNET RESEARCH THE GLOBAL 500

Purpose:

1) To examine international companies that rank among the largest in the world.

2) To examine the income statement and the balance sheet of the Mitsubishi Corporation.

Note: You may find it efficient to use a search engine to go to alternate sites.

1. Go to the following web site address: or



2. Click on and go to the Global List.

This web site lists international corporations on the World Wide Web in order of revenues.

a. Scroll down through the corporations and find the Global 500 Ranking of the top five Fortune 500 companies.

Fortune 500 Ranking Global 500 Ranking by revenue

#_______ General Motors # _____________

#' ______ Ford Motor Company # _____________

# _______ Exxon-Mobil # _____________

# _______ Wal-Mart # _____________

# _______ AT&T # _____________

b. Of the ten corporations with the highest Global 500 ranking, how many are –

American firms? # __________________

Japanese firms? # __________________

3. Go to the top of the list and click on Mitsubishi Corporation (Japan).

a. Click on and go to Annual Report.

1. Scroll down until you see the Financial Section. Click on and go to Consolidated Balance Sheets.

a. Find the column reporting amounts in U.S. dollars. For the most recent year of information, record the amounts repotted for -

Assets $_____________ million

Liabilities $ _____________ million

Stockholders' Equity $ _____________ million

b. Does the accounting equation hold true for international corporations? (Yes / No)

c. Mitsubishi relies most heavily on (debt / equity) to finance assets. (circle your response)

2. Go back. Click on and go to Statements of Consolidated Income.

a. Examine the income statement.

The title Total operating transactions is used instead of (net sales revenue / net income). (circle your answer)

b. Find the column reporting amounts in U.S. Dollars. For the most recent year of information, record the amounts reported for -

Total operating transactions $ million

Interest $ million

Dividends $ million

Gain on marketable securities

and investments – net $ million

Other $ million

Add the revenues recorded above and record the sum below.

Total Reported Revenues: $ million

Net income $ _________________ million

c. Does the Mitsubishi Income Statement appear to report the same information as the income statements studied in class? (Yes / No) Explain.

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download