1. Construct an income statement and statement of financial position for Suncor from the information in the...
Question:
1. Construct an income statement and statement of financial position for Suncor from the information in the case.
2. What is its debt-to-equity ratio? Do some Internet research and compare Suncor with other energy companies. Then compare it with banks and electronics companies. (You can get this information from Yahoo Finance, Google Finance or most financial institutions’ investing apps.)
3. Look up the annual report of a publicly traded company with which you do business; read the notes. What did you learn that surprised you?
4. Does your university invest in Suncor? Can you find out how the university invests its pension plan funds or cash reserves?
5. Find the most recent quarterly reports from Suncor. What was its profit margin? How does it compare with the margin on the income statement you created in question 1?
Step by Step Answer:
The Future of Business
ISBN: 978-0176570255
5th edition
Authors: Norm Althouse, Laura Allan, Christopher Hartt