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CASE CC1: Comprehensive Financial Analysis Select a company from a nonregulated industry for which you MUST OBTAIN COMPLETE financial statements for at least the most

CASE CC1: Comprehensive Financial Analysis Select a company from a nonregulated industry for which you MUST OBTAIN COMPLETE financial statements for at least the most recent six years. The company given is: International Game Technology (IGT) Required: Based on these financial statements, the companys background, industry statistics, and other market and company information, prepare a financial statement analysis report covering the following points: a.Executive summary of the company and its industry. b.Detailed evaluation of:(1)Short-term liquidity (current debt-paying ability). (2)Cash forecasting and pro forma analysis. (3)Capital structure and solvency. (4)Return on invested capital. (5)Asset turnover (utilization). (6)Profitability and equity analysis. Note: You are expected to use a variety of financial analysis tools in answering (b). Your analysis should yield inferences for each of these six areas. c.Comment on the usefulness of the financial statements of this company for your analysis. d.How did accounting principles used in the financial statements affect your analytical measures? e.Prepare a forecast of the income statement, balance sheet, and statement of cash flows for a five-year horizon and a terminal year in Year 6. f.Estimate the value of your companys common stock per share using the valuation analysis and procedures described in the Comprehensive Case. Conclusion and Recommendation(s) References

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