Salesforce.Com Financial Statement Analysis

In: Business and Management

Submitted By michaelhawaii
Words 2747
Pages 11
Financial Statement Analysis of

salesforce.com, inc.

Prepared by Michael J. Bennett For DeVry University’s ACCT305 Intermediate Accounting II

Table of Contents: Introduction ................................................................................... 3 Report- Property and Equipment ................................................... 4 Report- Intangible Assets and Goodwill ......................................... 5 Report- Depreciation ..................................................................... 6 Report- Impairment ....................................................................... 7 Report- Current Liabilities .............................................................. 7 Report- Long-Term Liabilities ........................................................ 8 Report- Bonds Payable ................................................................. 8 Report- Capital Leases.................................................................. 9 Conclusion .................................................................................... 9 Works Cited ................................................................................. 10

2|Page

Introduction

In their 2012 fiscal year Salesforce.com added its third consecutive title as the king of Enterprise Suite CRM. In addition to this, it took home the title of the top CRM provider for Midmarket Suite, Small Business Suite, and Sales Force Automation, clearing out the awards list and defeating giants such as Microsoft, NetSuite, Oracle, SAP, and Sage. Without doubt, the Salesforce product is the driving force behind this recognition, but behind any company that is headed in the right direction, is an underlying set of financials that allows it to pursue its vision, build its product, and maintain financial stability and health to help it maintain its position and further take…...

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