Identify and explain three income statement accounts

Assignment Help Corporate Finance
Reference no: EM131096839

Financial Statements Research for a Publicly-Traded Company

Access the latest annual report, or Form 10-K, of a publicly-traded company of your choice using the company's website or www.sec.gov. You can usually access from a company's website by clicking on investor relations, then annual reports, and search for latest form 10K. From the SEC website (www.sec.gov), search for the selected company's name and then search for its latest form 10-K. Using form 10-K of your selected company, answer the following questions in an essay format.

Identify three accounts on your selected company's and balance sheet that provide evidence that the company utilizes accrual accounting.

Ensure you provide explanations as well as the income statement account that would be affected by the adjustment process.

Identify and explain three income statement accounts that may result in accrual and deferrals adjusting entries.

Explain depreciation expense, amortization expense, accumulated depreciation, and accumulated amortization? In the financial statements and notes of your selected company, identify the four accounts. How much was each of these four accounts for the most recent year and on which financial statements were each reported?

What are income taxes and income tax expense (or provision for income taxes)? In the financial statements and notes of your selected company, identify cash paid for income taxes as well as income tax expense (or provision for income taxes). How much was each of these accounts for the most recent year and on which financial statements was each reported?

Your response should include two to three pages of written text in addition to any calculations and solutions you offer to support your thinking. Ensure you include the form 10-K page numbers in your citations for each response. Include retrieval link for the 10-K as one of your sources so your instructor can verify the information. Document formatting and any citations should conform APA Requirements.

Reference no: EM131096839

Questions Cloud

Discussion on the components of each theory : Write a 150- to 200-word discussion on the components of each theory, and how they differ in relation to Spearman's g factor.
Find the account balance : The account earns 6% nominal annual interest rate compounded monthly. First deposit was made January 1, 2015. Mr. Carkosheek misses deposits 72 through 84, but continues making the deposits afterwards. Find the account balance at the end of the ye..
Economic cooperation and development : Then, to practice identifying a common theme in two different works, choose any two works from any time period, and find a thematic connection. Explain your choice using specific examples from each work.
Identify the segment you will target with this campaign : Identify the segment(s) you will target with this campaign and What's the single most important thing to communicate to achieve the objective?
Identify and explain three income statement accounts : Identify three accounts on your selected company's and balance sheet that provide evidence that the company utilizes accrual accounting. Identify and explain three income statement accounts that may result in accrual and deferrals adjusting entries.
Give appropriate recommendation for csc to correct weakness : For each finding above, indicate internal control principle that CSC violated. For each finding above, provide an appropriate recommendation for CSC to correct the weakness.
What important challenge facing management of organizations : Reflecting on the focus and content of this course, what is an important challenge facing management of organizations today and how would you go about addressing it? Explain.
Compute debt to asset ratio for red and blue soda companies : Compute the Debt to asset ratio for the two companies and comment on the relative solvency of the two competitors.
Jackpot under game rules : Between the years 1997 and 2002, the PowerBall lottery game rules required a player to pay one dollar and then pick five unique whole numbers from ranging from 1 to 49 (in any order) and then one "powerball" (any whole number ranging from 1 to 42)..

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of capital.

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