Company Background The Fortune 500 Company that I chose was Micron Technology. The first two pages of the paper are going to involve the history of the company, what the company makes and/or does, the employees, plants and plant locations, sales volume, and anything else that I can find out about the country. The first two pages are mainly to give the reader a background of the company to gain knowledge about the company. The company was founded in 1978 in Boise, Idaho. The company was founded by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman. Micron first started as a small operation in the basement of a dentist’s office and grew to become a $20 billion industry by the 1990s. In 1979, the engineers in the company finalize …show more content…
This increase is good for the company because assets may have future economic value. For the total liabilities, the percentage increase was only by 46%. This is a huge increase, meaning the company owes creditors for a past transaction. The last item is owner’s equity, which can be referred to as the book value of the company. The equity percentage increase is 21%. This shows that the company’s value has increased in the last four years. By looking through the balance sheet and the percentages calculated, Micron is in a pretty good standing. In the past four years, total revenue increased by 46%, while total cost of revenue increased by 35.6%. Both revenue and cost of revenue have a high percentage increase which in turn is beneficial to the company. Revenues occur when a sale is made or earned. Essentially, Micron is earning or making 46% more as of 2014, than they did in 2011. The percentage increase is 38%. These expenses are incurred in order to earn normal operating revenues. The percentage increase is high, but in order to keep up with the revenue, you may need to take higher risks. As of 2014, the operating activities cash is at $5,699 million. For the past 4 years, the percentage increase is 93.8%. In 2012, Micron had a value of -$1,031 million. The cash from investing activities have been in the negative values for the past four years. This is where the changes in the long-term asset accounts. For 2014, the financing cash is negative, but was positive in 2013 and