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Write about Southwest Airline Company

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Reference no: EM132327048

Assignment - Company Overview - Write about Southwest Airline Company

The purpose of this assignment is to research and review the annual report for a selected company.

Throughout the course you will be applying what you learn about the principles and practices of financial accounting by completing an ongoing project based upon a Fortune 500 company traded on the New York Stock Exchange (NYSE) or National Association of Securities Dealers Automated Quotations (NASDAQ). The project will include six assignments, each focusing on the analysis of financial information from various parts of the company's financial statements.

Using the topic materials, select a Fortune 500 company as the focus for your project. The company you select must sell a product and carry inventory on its balance sheet.

Access a copy of the company's annual report, known as a Form 10-K. This information can typically be located on the company website under "Investor Relations," or on the SEC website EDGAR. Read through the Form 10-K to become familiar with the company.

Conduct additional research to locate a recent press release or article related to the company's current or future financial performance. Read the press release/article and be prepared to discuss it in your assignment deliverable.

For this assignment, provide a 500 word company overview that addresses the following information related to the company you have selected.

1. Describe the company, including business sector, product(s) sold, competitors, and the geographic area where business is conducted.

2. Discuss cyclicality associated with the company's product sales and any other information relevant to the particular business or its industry.

3. Discuss whether the company is using generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS) as its standard for financial reporting, and explain how you can tell which method is being employed based upon your review of the Form 10-K.

4. Summarize the information from the press release/article and explain why this information is significant for the company. Focus on current and future financial implications and how the company's financial performance might be influenced.

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This assignment contains solution in relation to the company overview of the southwest airline company. The information is provided in relation to the competitors, products sold and other related aspects of the company. The information is also provided in relation to the risk factors affecting the company. The accounting standards used by the company are also explained. The press release related to the company is explained and it's impact on future performance is also shown .

Reference no: EM132327048

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Reviews

len2327048

6/23/2019 10:41:34 PM

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are required to submit this assignment to LopesWrite.

len2327048

6/23/2019 10:41:29 PM

Company description, including business sector, product(s) sold, competitors, and the geographic area where business is conducted, is extremely thorough and includes substantial explanation and relevant supporting details. Discussion of cyclicality associated with product sales and other business or industry relevant information is extremely thorough and includes substantial explanation and relevant supporting details. Discussion of financial reporting standards, including explanation of how one can tell which method is being employed, is extremely thorough and includes substantial explanation and relevant supporting details.

len2327048

6/23/2019 10:41:23 PM

Current press release summary, including explanation of why the information is significant for the company, is extremely thorough and includes substantial relevant supporting details. Thesis is comprehensive and contains the essence of the paper. Thesis statement makes the purpose of the paper clear. Clear and convincing argument that presents a persuasive claim in a distinctive and compelling manner. All sources are authoritative. Writer is clearly in command of standard, written, academic English. All format elements are correct. Sources are completely and correctly documented, as appropriate to assignment and style, and format is free of error.

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