Purpose of Assignment\u00a0\tThis activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.\u00a0\tAssignment Steps\u00a0\tResources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials\u00a0\tTutorial help on Excel\u00ae and Word functions can be found on the Microsoft\u00ae Office website. There are also additional tutorials via the web offering support for Office products.\u00a0\tSelect a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past.\tResearch the company on the Internet and download the Income Statement, Statement of Shareholders’ Equity, Balance Sheet, and Statement of Cash Flows.\tDevelop a minimum 700-word examination of the financial statements and include the following:\t“\ufffd Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?\u00a0\t“\ufffd Explain the relevance of changes in net income to investors.\t“\ufffd Determine the ending balance in shareholders’ equity. Why would organizations such as labor unions be interested in this?\t“\ufffd Determine the total value of assets.\u00a0\t“\ufffd Discuss the relevance of the total value of assets to potential creditors and why this is important.\t“\ufffd Compute the return on assets. Discuss the relative profitability of the company based on your results.\t“\ufffd Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results.\t“\ufffd Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company.\t“\ufffd Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making?\tShow your work in Microsoft\u00ae Word or Excel\u00ae.\u00a0\tComplete calculations\/computations using Microsoft\u00ae Word or Excel\u00ae. \u00a0\u00a0\tInclude the four financial statements along with your assignment.\tFormat your assignment consistent with APA guidelines.\u00a0\tClick the Assignment Files tab to submit your assignment.<\/p>\n","protected":false},"excerpt":{"rendered":"
Purpose of Assignment\u00a0 This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-200399","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=200399"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=200399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=200399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=200399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}