Select a publicly traded (public for at least three years) company of your choice and analyze its balance sheet, income statement, and statement of cash flows using 10-K filing information from the following websites:
Write a 3-4-page business report on the following topics:
- Summarize the company background, management, and discussion sections.
- Analyze at least five of the company’s significant accounting policies.
- Identify the two most significant asset accounts on the balance sheet. Explain why you believe these accounts are significant.
- Identify the two most significant liability accounts on the balance sheet. Explain why you believe these accounts are significant.
- Identify the two most significant equity accounts on the balance sheet. Explain why you believe these accounts are significant.
- Calculate at least two of each of the following ratios:
- Liquidity ratios
- Leverage/debt related ratios
- Turnover ratios
- Efficiency ratios
- Profitability ratios
- Market value ratios
- Using the calculated ratios, analyze the company’s financial position, profitability, and effectiveness.
- Analyze the company’s statement of cash flows and critique the company’s use of cash by evaluating significant areas of the cash from operating, investing, and financing sections of the statement.
- Present your conclusion on company’s financial health based on findings from above.
