Collected Homework Assignment #1
See the Course Schedule in the syllabus for the due date. Put your answer underneath each question. You may either type your answers in a Word file or write them neatly. However, to receive credit, your writing must be readable and your work must be easy to follow.
Retrieve the Form 10-K for Papa John’s International for the year ending December 25, 2016. Papa John’s Form 10-K can be accessed through the SEC EDGAR database at http://www.sec.gov/edgar/searchedgar/webusers.htm. The UHCL library subscribes to the SEC EDGAR database.
Hints: You will need to search the financial statement footnotes to find some of the information. Also, the financial statements are in thousands, except for per share amounts. Furthermore, you will not need the information before page 48 in Papa John’s Form 10-K.
Accounts receivable: $59,586
Notes receivable: $3,417
Decreased by 7,015
Depreciation is recorded using the straight-line method over the estimated useful lives of the assets (generally five to ten years for restaurant, commissary and other equipment, 20 to 40 years for buildings and improvements, and five years for technology and communication assets). Leasehold improvements are amortized over the terms of the respective leases, including the first renewal period (generally five to ten years).
2019: $ 30,415
Deferred compensation plan: $22,047
Insurance reserves: $18,450
Accrued rent: $6,337
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