1.

Visit

http://files.shareholder.com/downloads/UARM/0x0x975316/629B335B-1D9C-4AB2-918C-

999D4C9A5555/2017_UA_Annual_Report.pdf and

http://www.filagroup.it/wp-content/uploads/2015/05/FILA-2017-Annual-Financial-Report.pdf

a.)

What is the fiscal year-end for each company? Is the fiscal-year the same for both companies? Is the

fiscal-year end a calendar year end? Why would one company have a different fiscal-year end than

another company?

b.)

How much in cash (including cash equivalents) did each company have at the end of their fiscal year

2017? What are cash equivalents?

c.)

What were each companys total assets at the end of their fiscal year 2017?

d.)

Write each companys accounting equation (using numbers) at the end of their fiscal year 2017?

e.)

Identify total net sales (revenues) for each company at the end of their fiscal year 2017? How much did

total revenue increase or decrease from 2016 to 2017 for each company?

f.)

How much net income (net earnings) or net loss did each company earn for 2017 and for 2016? Based

on net income, was 2017 better or worse than 2016?

g.)

Calculate each companys return on assets as of their fiscal year-end 2017.

2.

Using the same annual reports from #1, answer the following questions related to stockholders equity:

a.)

Define preferred stock. Review the stockholders equity section of the balance sheets of each

company. Did either of the companies have preferred stock at their fiscal year-end 2017? If

yes, which company(s) and how much?

b.)

How much of each companys common stock was outstanding at their fiscal year-end 2017?

How can you tell?

c.)

Examine each companys consolidated statements of cash flows. Did any of the companies pay

cash dividends during the year ending 2017. If so, how much?

d.)

Show how each company computed basic earnings per share for 2017. (Ignore diluted earnings

per share)

3.

Using the same annual reports from #1, answer the following questions related to long-term liabilities:

a.)

How much was each companys long-term debt at their fiscal year-end 2017?

b.)

Compute each companys debt to equity ratio at their fiscal year-end 2017.