ACCT110 Financial Analysis Project 15% of your grade (out of 15 points) This assignment is to be prepared in teams of 2-3 (or can be done individually). Sign-up on BbLearn. The objective of this project is to show what you have learned during this term's exploration of Accounting. Select one of the following companies and use yahoo finance (or an alternate appropriate source) to locate and review the company's financial statements (balance sheet, income statement and statement of cash ows) and overall company information from the prior 2 fiscal years. Choice A Caterpillar Inc. Choice B The Walt Disney Company Choice C Lululemon Athletica Inc. Choice D Rite Aid Corporation 00-. 1. Summarize the company and include the following in 1-2 paragraphs. (2) - Mission statement 0 Date of incorporation and headquarters 0 CEO and auditor e Ticker symbol and current stock price 2. Review and discuss the following approaches the company has or uses regarding the following. (4) - Cash What is the overall cash balance relative to current assets? - Inventory Does the company use the periodic or perpetual inventory system (how can you know)? What inventory costing method does it use? Why are these choices advantageous to the company? - Accounts Receivable What is the average collection period of what is owed by customers? How does the company handle uncollectible accounts? - Depreciation What method does it use for its long-term assets (PP&E)? What benefits does this provide