The following information was taken from GoPro, Inc.'s SEC filings.
Fiscal Year Ended
December 31, 2019 December 31, 2018
Number of employees
926
891
Revenues (in thousands)
$1,194,651
$1,148,337
Properties (in thousands)
370 square feet
549 square feet
Total assets (in thousands)
$792,803
$698,359
Units shipped (in thousands)
4,260
4,337
Net earnings (in thousands)
$(14,642)
$(109,034)
Required
a. Explain whether each line of information in the preceding table would best be described as being primarily financial accounting or
managerial accounting in nature.
b. Provide some additional examples of managerial and financial accounting information that could apply to GoPro.
c. If you analyze only the data you identified as financial in nature, does it appear that GoPro's 2019 fiscal year was better or worse than its
2018 fiscal year? Explain.
d. If you analyze only the data you identified as managerial in nature, does it appear that GoPro's 2019 fiscal year was better or worse than
its 2018 fiscal year? Explain.
e. Did GoPro appear to be using its facilities more efficiently or less efficiently in 2019 than in 2018?
