Question
ACTIVE Participation - Module 4 Real-World Discussion This discussion forum counts towards your grade. It will NOT be accessible after the due date for your
ACTIVE Participation - Module 4 "Real-World" Discussion
This discussion forum counts towards your grade. It will NOT be accessible after the due date for your Module 4 assignments.
The purpose of this discussion forum is to engage the class by sharing with your peers the knowledge you have learned from this course. Therefore, this forum is structured to be similar to a "mini-research presentation forum." Each student shares with the class in their discussion posting the knowledge they have gained from their research.
For your initial post:
ACG 2021 Chapter 5 Learning Objective 6 View before completing your discussion assignment.
Gross Profit Percentage
Accounting Toolkit - Gross Profit (Margin) Percentage Ratio
ACG 2021 Chapter 6 Learning Objective 6 View before completing discussion assignment
Inventory Turnover and Days Sales in Inventory
Find an annual report for a company of interest (perhaps your employer). Publicly held company annual reports (10K) can be located via Edgar Archives on the Security and Exchange website.
To perform the search in the Edgar Archives you can use either the company name or "ticker symbol" for the company. [View instructions on how to access the annual reports]
Click on the link to "Interactive Data" and then the link to the "Financial Statements". Locate and review the Income Statement and Balance Sheet. Title your post with the name of your company and share the following in your post:
What is the name of your company?
What is the web address that leads to your financial reports?
Why are you interested in this company?
Calculate the gross profit percentage.
Calculate the inventory turnover & days sales in inventory ratio.
What have you learned from this analysis?
After you have conducted your research, please share with the class approximately 1-2 paragraphs.
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