Select a public corporation you are familiar with or which interests you. Using the Internet, develop a short (1 to 2 pages) profile of the corporation. Include in your profile the following information:

  1. Name of the corporation.
  2. State of incorporation.
  3. Nature of its operations.
  4. Total assets for the most recent balance sheet.
  5. Total revenues for the most recent income statement.
  6. Net income for the most recent income statement.
  7. Classes of stock outstanding.
  8. Market price of the stock outstanding.
  9. High and low price of the stock for the past year.
  10. Dividends paid for each share of stock during the past year.

   In groups of three or four, discuss each corporate profile. Select one of the corporations, assuming that your group has $100,000 to invest in its stock. Summarize why your group selected the corporation it did and how financial accounting information may have affected your decision. Keep track of the performance of your corporation’s stock for the remainder of the term.