Reference no: EM132345272
The balance sheet
1. Referencing this week's readings and lecture, what information is provided in the balance sheet? What is a common-size balance sheet and how do you create one? For your final project company (which is Walmart), does anything stand out on the balance sheet?
Understanding the notes to the balance sheet
2. Liz loves to shop at target, tom told her that targets structure is risky with obligations of nearly 74% of total assets. Write an explanation to liz discussing the debt structure of target and why tom thinks target is risky. Be sure to explain clearly what information appears on financial statements, as well as qhT information does not appear on the financial statements.
3. Income statement
What are the two causes of increasing or decreasing sales number? Discuss all the reasons that might explain an increase or decrease in gross profit?
4. Analyzing an income statement
Income statements are presented for elf corporation for years ending DECEMBER 31, 2010, 2009, and 2008. Weite a one paragraph analysis of wild corporation profit performance for the period. Create a common sized I come statement for the three years. What do cousins can you draw from the different parts of the statement? WhT are the causes and effects of elf's performance for those three years?
At least 250 words with references.