Reference no: EM132465538
Question - 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.
Required -
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.
Using better inventory control systems
: Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $5.7 million. The equipment will be depreciated
|
What would be the balance of the lease obligation
: Pearson's incremental borrowing rate was 9%. What would be the balance of the lease obligation on January 1, 2017, for financial reporting after lease payment
|
Determine the amount of the ending balance in accounts
: Cash from accounts receivable. Based on this information alone, determine the amount of the ending balance in accounts receivable.
|
Free cash flow valuation
: You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating ?$42,800 of free cash flow
|
Describe the company including business sector
: Describe the company, including business sector, product(s) sold, competitors, and the geographic area where business is conducted
|
What are the operating cash flows in each year
: Johnny's Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $39,000 and will be depreciated straight-line over 3 years.
|
Critically evaluate economic principles
: Develop and apply a conceptual understanding of reflective practice in a business context and Critically evaluate economic principles and stakeholders.
|
Determine when the social security surplus expires
: When the social security surplus expires ,Does the social security benefits will have to prepare for the funds to run out? why or why not?
|
What value do profitability ratios bring to stakeholders
: What value do profitability ratios bring to stakeholders? What are some of the ratios included in that category?
|