ACCT-231 Intermediate Accounting 1

10-K Project

Spring Semester 2022

This project consists of some analysis of financial information of a company of our choosing. The first step of this project is to pick a publicly traded company that is of interest to you. The following items are to be turned in.

1) A weblink to the 10-K for a company.

Example would be if you chose Plantronics. A manufacturer of headsets, then you might turn in this link:

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000914025/dfff8dba-be01-4497-93ce-a39459c77f85.html

2) Calculate the following ratios in the latest 10-K available for your chosen company. Review the contents of chapter 4 for formulas on the calculations.

To be turned in is the actual calculations and the page number on the 10-K where the information is found.

Return on Assets

Return on Common Equity

Debt-to-Equity Ratio

Current Ratio

Inventory Turnover Ratio

Accounts Payable Turnover Ratio

Fixed Asset Turnover Ratio

I am aware that there are websites where this information is available. DO NOT USE THEM! To reiterate the deliverable is the actual calculation and the page number where the data cames from.

Again, an example. If you are doing Plantronics and are calculating current ratio this is what you should turn in:

Current Ratio = 685,028 / 475,825 = 1.33 This information is found on page 65 of latest 10-K

3) For the current ratio only calculate the ratio in the current year and previous 4 years, no need to give me the previous years 10-K I trust you, and give me a quick analysis or the trend of current ratio. Is the observed trend a positive trend of a negative trend? Support your conclusion with the numbers you calculated.

Grading Rubric:

15 Points for website for 10-K. Make sure you give me the latest one.

15 Points for each of the 7 items I ask you to calculate. Remember to show calculation and page numbers.

45 Points for current ratio analysis. Im not looking for a novel but a good paragraph that shows your understanding of current ratio and what it means.

please show me your and include all page number. numbers