1) Why do companies choose to buy back their own stock? Research this and and share the knowledge.

2) Project Part A1

Assume you are a financial analyst working in acquisitions at a major corporation.Jennifer Wilson, a senior manager has brought you a request to buy another company. Your job is to evaluate the financial condition of "your company," and make a recommendation to approve or reject the acquisition. You may select any company that meets the following criteria.

1. Financial statements are available on the SEC website.
2. Stock price is available on yahoo finance.
3. The company must have a significant cost of goods sold expense.
4. There must be at least five years of financial statement data available.

Part A1 -Obtain five years of financial statement data for your company of choice. You will download it from the SEC website. You will probably have to use two different annual reports to gather enough data. (all analysis must be done using an Excel spreadsheet) However, get rid of everything except for the Income Statement, Balance Sheet, and Statement of cash flows.