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accounting:Dell Inc. - Essay Example

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College
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Finance & Accounting
Pages 3 (753 words)

Summary

Dell Inc. is one of the leading companies in the computer industry. The firm was founded by Michael Dell in 1984. The firm grew rapidly by implementing a revolutionary supply chain system that eliminated the distributor by selling directly to the customer…

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accounting:Dell Inc.

Dell distributed catalogs to customers to advertise its products. The company also let the customers customized their computers. The firm is the largest e-commerce website for commercial technology products in the world (Dell, 2013). Dell has a cero tolerance for unethical behavior. The workforce of the company is composed of a diverse group of people. “At Dell, we’re committed to building a diverse environment that is reflective of a diverse global marketplace and an inclusive culture where everyone is engaged” (Dell (b), 2013). In 2008 the company purchased over $2.4 billion from women and minority owned suppliers. The company is a publicly traded company whose stocks are traded in the NASDAQ under the symbol DELL. The price of DELL stocks as of February 24, 2013 was $13.92 (Yahoo.com, 2013). The market capitalization of the company is $24.19 billion. The net income of Dell in 2012 was $3.49 billion. Its net income increased by 32.52% in comparison with 2011. As of February 3, 2012 the total assets and total equity of the company were $44.53 billion and $8.92 billion respectively. The total assets of the company during fiscal year 2012 grew by 15.37%. A growth in total assets is a desirable outcome because it increases the value of the company. The total liabilities of the enterprise in 2012 were $22 billion. The total liabilities of the company increase by 15.51%. ...
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