A. Review a company's current and long-term liabilities section of the most recently published balance sheet. Explain the details of the current and long-term debt based on the disclosures found in the financial statements. Ratio analysis. focus on the details in the notes and determine how well the company presented the information to an informed reader. What did the company provide about its debts in the notes, and why is that information important? How does each company comply with the rules as provided in the FASB Codification?

B. Review a company's stockholders' equity section of the balance sheet. Explain the details of the stock transactions, including treasury stock (if applicable) or stock compensation, based on the disclosures found in the financial statements. focus on the details in the notes and determine how well the company presented the information to an informed reader. What did the company provide about its equity in the notes and why is that information important? How does each company comply with the rules as provided in the FASB Codification?

Project Requirements

a comparative paper using the companies your team members selected for analysis. The first submission is a draft of your findings for item A or B, above. Remember, all team members must analyze the same item. Since this is a team paper, it needs to have one voice. Compare your writing styles and items included about each company so that it appears one person wrote the paper. The first portion of the assignment submission should include:

• An introductory paragraph about the industry in which your companies compete.

Body of the paper consisting of a comparative analysis of Item A or B for each company as well as an application of the FASB Codification to "prove" the items are reported properly by your project companies.