Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ACC 101 FINANCIAL STATEMENT ANALYSIS PROJECT Objective : to understand the importance and significance, of accounting information for making business decisions. 1. You are required

ACC 101 FINANCIAL STATEMENT ANALYSIS PROJECT

Objective: to understand the importance and significance, of accounting information for making business decisions.

1.You are required to research selected financial information from one of the companies listed below.The financial information will be related to the chapter subject matter being studied in class.The student will get a better understanding of the relevance and importance of the subject matter and the story that the accounting records and statistics create of the financial position of the company.

No.

Name

Symbol

1

Target Corporation

TGT

2

Wal-Mart Stores, Inc.

WMT

3

Home Depot, Inc. (The)

HD

4

Lowe's Companies, Inc.

LOW

5

Nike

NKE

6

Adidas

ADDYY

7

Michael Kors

K

2.Download the two (2) most recent 10-K financial statements for the company.You need two (2) years of data.

Download the most recent 10-K financial statements.

Financial statements 10-K MUST be accessed through the SEC website: http://www.sec.gov/

a)Click on the "COMPANY FILINGS" link

b)Type in the Company's Name into the "COMPANY NAME" diagonal box, or type in the Company's Symbol into the "FAST SEARCH" diagonal box and hit "SEARCH".

c)If you had search from the "COMPANY NAME" diagonal box, you will be prompted to click on the "CIK" link and then select the "10-K" link under the "FILINGS" header.If you had searched from the "FAST SEARCH" diagonal box, you will be prompted directly to the "FILINGS" header and then select the "10-K" link.

d)Select the "INTERACTIVE DATA" format and print out the Excel spreadsheet of the financial statements (Income Statements Balance Sheet, Statement of Cash Flow, and Statement of Owner's Equity).

e)You can also access the selected company's 10-K information from http://www.finance.yahoo.com.You can search by the company's name or symbol.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting

Authors: William K. Carter

14th edition

759338094, 978-0759338098

Students also viewed these Accounting questions