HP Inc: Financial Performance, Product Line, and Milestones

School: University of Maryland, University College - Course: ACCT 220 & 221 - Subject: Accounting

ard became friends in 1934 • $538 in starting working capital in a garage • First product was an Audio Oscillator. Sold eight to Walt Disney Co. • HP was founded in 1939 by Bill Hewlett and Dave Packard • Large diverse product line such as PCs, servers, networking products, storage devices, software, printers and imaging products.

Milestones since 1939 • August 18 1947 HP Incorporated • 1974- Introduced world's first programable pocket calculator • 1983- Created the first touch screen PC • 2011- Introduced the industries' first Wi-Fi mouse • 2015- HP Inc. split apart from Hewlett-Packard Enterprise Milestones since 1939 • August 18 1947 HP Incorporated • 1974- Introduced world's first programable pocket calculator •1983- Created the first touch screen PC •2011- Introduced the industries' first Wi-Fi mouse •2015- HP Inc. split apart from Hewlett-Packard Enterprise

ACCOUNTS RECEIVABLE Accounts ReceivablesADANet Earnings 0 1,0002,000 3,000 4,000 5,000 6,000 2017 1065013 57280 4554 565 107 2496 Accounts Receivable and Contra Account. 201420152016All amounts are in millions In Millions Accounts Receivables has decreased28%from 2014 to 2015 Accounts Receivables has decreased2%from 2015 to 2016 Net Earnings has decreased49.7%from 2014 to 2016

PROPERTY, PLANT and EQUIPMENT •HP's PPE has increased by $244 million assets from 2015 • Accumulated Depreciation also increased by $109 Million from 2015