ACCT 110 Lecture Notes - Lecture 1: Retained Earnings, Signet Jewelers, Sterling Jewelers

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30 May 2018

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Your Name: Farjana Nipa

Company Selected: Signet Jewelers Limited

Understanding the Annual Report Activity Sheet

Part 1 - Using the company’s website:

1. Where is the company headquarters located? Hamilton, Bermuda

2. When was the company founded? 1949

3. Who are the CEO and CFO? CEO is Ms. Virginia C. Drosos and CFO is Ms.

Michele Santana

4. What are the top brands/product lines? Top brand - Diamond jewelry. Some

branches under Signet Jewelers Limited are Kay jewelers, Zales, H. Samuel

5. Who (do you think) are the company’s top competitors? Fossils Group, Inc.,

DGSE companies, Tiffany & Co.

Part 2 - Using the appropriate financial statement from a source such as Yahoo

Finance, what are the following amounts for the prior two year end closes (list two

years for comparison)?

1. When does the fiscal year end for this company? End of January and

Beginning of February (02/03/2018 and 01/30/2017)

2. Cash: In 2018: 225,100 and in 2017: 98,700

3. Accounts Receivable: In 2018: 782,300 and in 2017: 1,958,300

4. Inventory: In 2018: 2,280,500 and in 2017: 2,449,300

5. Total Current Assets: In 2018: 3,446,100 and in 2017: 4,642,600

6. Fixed Assets (PP&E): In 2018: 877,900 and in 2017: 822,900

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