Financial accounting team project

Assignment Help Financial Accounting
Reference no: EM132203591

FINANCIAL ACCOUNTING TEAM PROJECT

REQUIRED: WRITTEN PROJECT

1. Obtain the most recent annual report for TWO companies in the SAME industry. The reports should contain at least three years of income statement data and two years of balance sheet data.

2. Analyze at least 3 (three) items on the income statement for your base company that would be important to an investor, and discuss whether your company's performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer.

3. Analyze at least 3 (three) items on the balance sheet for your base company that would be important to an investor, and discuss whether your company's performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer.

4. Identify 2 (two) items not included in (or derived from) the financial statements that you think would be important to someone considering whether to invest in your company. Discuss your reasons for believing that these two items about the company would be important in making an investment decision. (Hint: you might want to consider items discussed in other business classes.)

5. Compare your base company's financial statements with those of the second company in the same industry. If you were making a decision to invest in one of the two companies, which company would you choose? Why? (Note: your answer in this section must include some financial issues, but your answer need not be limited to a discussion of financial issues.)

Note: 1. You must submit the entire annual report for each company being discussed.

2. Your analysis must include page references to relevant portions of the annual reports, and the relevant portions of the annual reports must be highlighted. Your report must also contain appropriate quotation marks for quoted material and appropriate citations for material taken from sources outside the financial statements.

3. Your analysis is limited to 6 (six) pages, and must be typed, double-spaced, and have 12-point font.

Reference no: EM132203591

Questions Cloud

What will happen to the equilibrium price and equilibrium : Give at two reasons that cause demand of a normal good to increase. What will happen to the equilibrium price and equilibrium quantity if demand increases?
What is the innovation theory of profit : What is the innovation theory of profit in finance and accounting?
Do you agree with this statement : Advertisements is necessary unnecessary and wasteful". Do you agree with this statement?
Income statement or on the owner equity statement : Why are asset items (buildings, equipment, office supplies etc.) not included in the expense category on an income statement or on the owner equity statement?
Financial accounting team project : Obtain the most recent annual report for TWO companies in the SAME industry. The reports should contain at least three years of income statement data
Aggregate planning in manufacturing and in services : What are the major differences between aggregate planning in manufacturing and aggregate planning in services?
Entrepreneurs contributions to the society : Briefly explain 5 entrepreneurs contributions to the society
Market research program for restaurant or catering operation : What are the crucial components to designing a market research program for a restaurant or catering operation?
Expected number of airplanes circling the airport : What is the expected number of airplanes circling the airport, waiting in queue for clearance to land?

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the maturity date of the note-amount of the discount

On July 5, 2013, the Cowens Company accepted a 90-day, 10 percent note from Rhonda Ballard in settlement of her past-due account for $5,000. On Aug. 4, the Cowens Company discounted the note at the Investment Capital Bank. What is the maturity date o..

  A client of cpa firm of harston and mendez is a medical

a client of cpa firm of harston and mendez is a medical practice of seven local doctors. one doctor has been sued for

  What is the compound future amount

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Determine ebitda divided by revenues for each company

Determine EBITDA divided by revenues for each company. Compare and contrast Comcast with DirecTV based on your answers to parts (a) and (b).

  Calculate the cash sources or cash uses

Calculate the cash sources or cash uses that should be recognized on the statement of cash flows for Baldin Co. for the year ended December 31, 2016: Cost of goods sold amounted to $338,000, accounts payable increased by $49,000, and inventories incr..

  How do i get the retained earnings

The stock was trading at $7 per share on July 1. How do I get the retained earnings, common stock distributed, and the additional pd capital.

  Prepare a schedule of adjustments as of december

Prepare a schedule of adjustments as of December 31, 2012, to the initial amounts per Dimitri's accounting records.

  Week 3- must show work to get full points on equation

week 3- must show work to get full points on equation problems1.nbspwhich of the following describes the primary

  Calculate the time value of money problems

Calculate the following time value of money problems. What is the future value of 24 periodic payments of $4,620 each made at the beginning of each period and compounded at 8% per period? What would you pay for a $200,000 face value bond that matures..

  Unfavorable spending and volume variances be affected

A department's three-variance overhead standard costing system reported volume variances and unfavorable spending. The activity level selected for allocating overhead to product was based on 80 percent of practical capacity

  Financial statements for your personal life

identify at least two examples of how your household uses the accrual basis of accounting. Second, identify them as a deferral or an accrual. Third, if you were to have financial statements for your personal life (household) - how are these two examp..

  Define miscellaneous receivable transactions

June 30 Discounted the Brisk, Inc note at the bank. The bank's discount rate is 12%. The note was discounted without recourse.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd