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Good day everyone! My name is Cielica Burca with my groupmates Mr. Colongon, Ms.Lalog, Ms.

Malabag and Ms. Yamog. We are here to discuss our financial analysis of our chosen company,
which is the 7-11 Corporation.

So, let me give you a brief introduction and also some background history about the 7-11 company.

1. The convenience store concept began in 1927 at the Southland Ice Company in Dallas, Texas. An
enterprising ice dock employee, who in addition to selling blocks of ice to refrigerate food,
began offering customers milk, bread and eggs on Sundays and evenings, when grocery stores
were closed.

2. The Company’s first stores were known as Tote’m stores because customers “toted” away their
purchases. Some stores even displayed genuine Alaskan totem poles out front. In 1946, Tote’m
became 7-Eleven to reflect the stores’ new, extended hours – 7 a.m. until 11 p.m., seven days a
week.

3. 7-Eleven is the largest chain store in any category, opening approximately six stores per day
somewhere in the world.

4. It’s first store opened in Feb 29, 1984 at the corner of Kamias Road and edsa Quezon City

5. Originally, the company was called The Southland Corporation (of Dallas, Texas) and was
founded in1927. It eventually changed its name to 7-Eleven Inc.

6. Thanks to a broken soda fountain, slushy drinks called Slurpee were born.

7. 7-Eleven operates 3,241 convenience stores in the Philippines as of June 30, 2022.

Types of Liabilities:

Total Liabilities:

The total liabilities as of 2015 are 5,398,640,134….


So, our conclusion to this is that in 2015 they have the lowest total liabilities of $ 5,398,640,134,
and in 2020 they have the highest total liabilities of $ 22,395,139,695. The total liabilities
increase as time passes because the company makes new purchases, which will lead to an
additional entry in the accounts payable ledger that will add to the existing liabilities on the
books.

And that's all for my report. and the next reporter will be Ms. Malabag.

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