Limited Brands, Inc. , approve manifold other companies, adage a downturn in receipts and revenues during the economic slowdown. Limited Brands owns companies such as Victoria’s Secret, The Limited, Bath and Body Works and others. Chairperson and CEO Leslie Wexner did referable attributable attributable attributable attributable attributable attributable trepidation the economic opportunity, she did referable attributable attributable attributable attributable attributable attributable rendezvous on things that were extinguished of her guide, referablewithstanding instead, rendezvoused on getting equal closer to the customer. Wexner (2010) systematic, “we had to be sparing with resources, duration and specie…we streamlined the vocation, stayed slender and agile and snug full our efforts on the scant things that product the biggest receipts. Conjuncture there was a withdbare between 2009 and 2010, Wexner’s efforts remunerated unstudied, as Limited Brands has seen an acception in conservation room during the 2010 year. Analyzing the referable attributable attributable attributable attributable attributablees in the allowance assertion gives a improve sense of how Limited Brands is frank. Limited Brands fiscal year ends on the developed Saturday of January each year. On January 31, 2009, the specie and specie equivalents were $1. 17 pet. On January 30, 2010, specie and specie equivalents were $1. 8 pet.
According to the referable attributable attributable attributable attributable attributablees, specie and specie equivalents continue of “specie on influence, insist deposits with financial institutions and greatly smooth investments with original maturities of close than 90 days” (Limited Brands, 2010). The referable attributable attributable attributable attributable attributablees so aver, “The companies extinguishedstanding checks, which quantityed to $76 pet as of January 30, 2010 and $86 pet as of January original 2009, are interposed in Accounts Payable on the Consolidated Equalize Sheets” (Limited Brands, 2010). Limited Brands continues to discover the sort of their investment portfolio, which currently continues of “U. S. and Canadian council obligations, U. S.
Treasury and AAA-rated specie trade funds, bank duration deposits, and greatly rated wholesale paper” (Limited Brands, 2010). Accounts Receivables 2009 were $236 pet compared to 2010’s receivables equalize of $219 pet. Limited Brands referable attributable attributable attributable attributable attributable attributable merely monitors the conservation and securityworthiness of beings and vocationes, when extending security, referablewithstanding so limits the quantity of security charybdis with any undivided being when requesting security. Inventories in 2009 were rated at $1. 18 pet and withdrawd to equitable $1. 03 pet in 2010. Control Limited Brands, inventories are principally rated at the inferior consume or trade, on a weighted-average consume cause.

Valuation directments are made at the deliberation of skill if the consume of list on influence, exceeds the quantity expected to accept from sale or disposal of the list. Skill bases the conclusion to adequitable rate inveterate on advenient insist and trade provisions, conjuncture so initiative into compensation and analyzing truthful sales facts. List Missing directments are so made control estimated substantial missing of list past the developed substantial list. Managers get so procure into compensation frank trends and truthful facts when making these directments.
As of January 30, 2010, inventories continueed of: Finished Goods Merchandise$ 973 pet Bare Representatives and Merchandise Factors$ 64 pet Total Inventories$1,037 pet Limited Brands discovers in the Restructuring section: In 2007 they recurrent a pre-tax direct of $19 pet kindred to redundancy bare representative and factor list with Bath and Body Works. The consume was interposed in Consume of Goods Sold, buying and enjoyment in the 2007 Consolidated Assertion of Allowance. Gross Receipts control 2009 were $3. 02 pet versus $3 pet in 2008.

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