User Account

All Pages

Complete vertical and horizontal analysis

Assignment Help Accounting Basics
Reference no: EM131601103

Problem - This assignment must be an individual assignment and cannot be a group project. Select any small to medium sized publically traded company and use the financial statements from these company (you can get these financial statements by going into Google finance, Yahoo finance, company's annual statements, or some financial data bases in the library). You are a new accountant of this publically traded company. Your manager has asked you to analyze the company's current financial position. Using the company's most recent financial statements complete the following questions. Once you complete the calculations you will receive enough information to answer the questions and write your paper.

Calculate and show work for each ratio:

Liquidity ratios

  • Current ratio
  • Acid-test, or quick, ratio
  • Receivables turnover
  • Inventory turnover

Profitability ratios

  • Asset turnover
  • Profit margin
  • Return on assets
  • Return on common stockholders' equity

Solvency ratios

  • Debt to total assets
  • Times interest earned

Write a 3-5 page paper and discuss the following:

1. Complete vertical and horizontal analysis for the 2 most recent annual reports.

2. Identify any areas if any that would cause concern in following US GAAP principles

3. How is this financial information useful to the management team in decision making?

4. Analyze the financial ratios and describe what they reveal about the company's current financial position?

5. What does this financial information reveal about the company's overall performance?

6. Based on the information available what recommendations would you have for continuous process improvements (i.e. investments in technology efficiencies, employee training, etc.)

7. As a publically traded company, what accounting ethical issues should the company consider?

Reference no: EM131601103

Questions Cloud

Discuss three nonfinancial metrics and explain significance : As the Learning Exercise states, you are the business manager who has been tasked with researching the financial viability of opening a satellite clinic.
Define concepts of juvenile delinquency : concepts of juvenile delinquency and must demonstrate an understanding of the content and internal logic of the theories
Describe matters that auditor communicate to audit committee : Describe matters that the auditor must communicate to audit committees of public companies. Why auditors' reports are important to users of financial statement.
First-line therapy for hyperlipidemia is : Robert, age 51 years, has been told by his primary care provider (PCP) to take an aspirin a day. Why would this be recommended?
Complete vertical and horizontal analysis : Complete vertical and horizontal analysis for the 2 most recent annual reports. What does this financial information reveal about company's overall performance
What population is trafficked to each of selected countries : What population is trafficked to each of your selected countries. Do you notice any differences between the populations trafficked
Identify the personal and professional values : Envision that you are a Human Services worker at the local Community Family Homeless shelter. You are preparing for the Holiday gift giving event by matching.
Describe experiences that present a concept that you have : Thinking on paper about what you are learning, or to describe experiences that present a concept that you have been reading about, increases the likelihood.
Do police have new responsibilities are their duties largely : Why or why not. Do police have new responsibilities or are their duties largely unchanged. How has 9/11 changed the jobs of local police

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compare account policies

Refer to the summary financial information for BASF. Calculate the rate of return (after tax) on equity (shareholders' funds).

  Trying to meet an order due date at wozac

In Example 11.3, we commented on the 95th percentile on days required in cell I35 and the corresponding date in cell J35. If the company begins production on this date, then it is 95% sure to complete the order by the due date.

  Calculate the estimated cost of indirect supplies

Calculate the estimated cost of indirect supplies and explain briefly what the value of the coefficient of determination

  What are the total product costs for the company

what are the total product costs for the company under variable costing?

  In may of the current year s makes a gift of land basis of

in may of the current year s makes a gift of land basis of 60000 fmv of 240000 to his aunt t. after the gift aunt t

  Prepaid workers compensation insurance is what type of acct

Prepaid workers' compensation insurance is what type of account

  Joe operates a plumbing business that uses the accrual

joe operates a plumbing business that uses the accrual method and reports on a calendar year. this year joe signed a

  Local currency of the foreign subsidiary

When the local currency of the foreign subsidiary is the functional currency, a foreign subsidiary's inventory carried at cost would be converted to U.S. dollars by:

  What is the total cost of the ending inventory according to

What is the total cost of the ending inventory according to? (a) FIFO, (b) LIFO?

  Sales budget and cash receipts schedule

Prepare a sales budget for the first quarter of 2009. Determine the amount of sales revenue Dorough will report on the first of 2009 quarterly pro forma income statement.

  The gage company purchased a machine which will be

the gage company purchased a machine which will be depreciated by the straight-line method over its estimated 6 year

  Prepare the payroll for the first pay period of december

Prepare the payroll for the first pay period of December from Time Clerk's Report Nos. 46 and 47, and record the paychecks issued all employees

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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