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Building on what you learned in the last module, you are now ready to pick a publicly traded company using the Mergent Intellect database. The

Building on what you learned in the last module, you are now ready to pick a publicly traded company using the Mergent Intellect database. The chosen company must have been in existence for at least five years. You will submit your choice for instructor approval, as this is the object of your review and analysis for the remainder of the term. Take a look at your chosen company's financial statements by visiting Mergent Online in the Mergent Intellect database. Access each of the three statement types (i.e., Income Statement, Balance Sheet, and Cash Flow). Save each of the three financial statements as Excel files and submit them with your assignment write-up. Using the financial statements of your chosen company, you will classify and explain the purpose of key line items in financial statements. You will specifically address the following: In the income statement, classify and explain the purposes of revenue, gross profit, operating margins, and net income. In the balance sheet, classify and explain the purpose of major asset categories, i.e., current assets, long-term assets, as well as liabilities and equity items. In the cash flow statement, classify and explain the purpose of operating activities, investing activities, and financing activities

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