Financial Statement Project<\/b><\/p>\n
Due Date: Feb 27, 2017. You must work on an individual basis. The purpose of the project is for you to learn finding accounting information in two different approaches.<\/p>\n
Required:<\/p>\n
1. After you have decided your beloved company, log on to: www.sec.gov and find your company. When a company reports XBRL (eXtensible Business Reporting Language), it has an icon called \u201cInteractive Data\u201d which you can click on.<\/p>\n
You will need to answer Question 2 in two different ways using financial statements from two different fiscal years.<\/p>\n
Step 1: Please find the 2015<\/b> annual report (10-K) with the icon called \u201cinteractive Data\u201d, click on it and do your research;<\/p>\n
Step 2: Please find the 2009<\/b> annual report (10-K) with the icon called \u201cDocuments\u201d, click on it and do your research;<\/p>\n
Please make sure Step 2 has a different fiscal year from Step 1.<\/b><\/p>\n
2. Please answer the following questions related to your selected company: <\/p>\n
(1) On what day does the company file its annual report?<\/p>\n
(2) On what day does the company\u2019s fiscal year end?<\/p>\n
(3) Under Note 1 for accounting policies, when is revenue recognized? <\/p>\n
(4) How much is the basic earnings per share for the fiscal year reported?<\/p>\n
(5) What inventory method is used to state the value of the company\u2019s inventory?<\/p>\n
(6) What method of depreciation is used by the company to depreciate its property, plant & equipment?<\/p>\n
(7) What is the effective income tax rate for the fiscal year reported?<\/p>\n
(8) How many different categories of contingencies does the company report? What are they?<\/p>\n
(9) How many shares does the company repurchase for the fiscal year reported?<\/p>\n
(10)How many different geographic continents\/regions\/countries does the company operate? Where are they?<\/p>\n","protected":false},"excerpt":{"rendered":"
Financial Statement Project Due Date: Feb 27, 2017. You must work on an individual basis. The purpose of the project is for you to learn finding accounting information in two different approaches. Required: 1. After you have decided your beloved 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-49078","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49078","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=49078"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49078\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=49078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=49078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=49078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}