Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

directions: the letter for my name is C , INDIVIDUAL LEARNING PROJECT INSTRUCTIONS This project will allow you the opportunity to explore a companys annual

directions: the letter for my name is "C" ,

INDIVIDUAL LEARNING PROJECT INSTRUCTIONS This project will allow you the opportunity to explore a companys annual report and become familiar with the items it contains. Choose a company from Standard & Poors Net Advantage whose companys name begins with the same letter as your last name. Locate the most recent annual report, either from the Liberty University librarys access to Standard & Poors website, the EDGAR database (http://www.sec.gov/), or the companys website. Once located, open Individual Learning Project Questions document and add your answers underneath each question. Do not delete the questions. Questions 149 must be answered with Microsoft Word. Your answers for these do not need to be in complete sentences. Questions 5052 must be answered in Microsoft Excel and your answers must include formulas. Questions 5355 must be answered with complete sentences and justification within the Word document. Both documents (Word and Excel) must be uploaded into the Assignment link. To access the Liberty University Library online resources from off campus: From the Blackboard log-in page, right-hand side Quicklinks pull-down menu -- choose Library. Click log-in button. Off-site access cannot be gained unless the user successfully completes the log-in. This must take you to the Library Research Portal; if not, click on Portal. Click on the databases tab. Click on the Databases by Letter, and select the letter C. Scroll down until you see Standard & Poors NetAdvantage. Click on the link and then you may begin your search. Here are the questions:

INDIVIDUAL LEARNING PROJECT QUESTIONS Name_______________________________ General Information: 1.What is the name of your corporation? 2.Where are the corporate headquarters? 3.What is the corporations fiscal year end? 4.What are the primary products or services of the corporation? 5.Graph the high and low price of the companys stock for each quarter of the last two years. What was the high and what was the low? 6.Who is the companys transfer agent and where are they located? 7.Who are your companys competitors? Market Information: 8.On which stock exchange is your corporations stock traded? 9.What is the current market price of their stock? 10.What is the ticker symbol used to identify your corporation on the stock exchange? Internet Information: 11.What is the Internet address of your corporation? Be sure it appears as a hyperlink. 12.Is the corporations Annual Report online? 13.Are its financial statements on-line? 14.Is your company listed on Annualreports.com? 15.How long is your companys 10-K report at the Securities and Exchange Commission website (Edgar Database)? Cash Flow and Retained Earnings: 16.List the amount of cash flows from each of the 3 activities: Operating, Investing, and Financing for the 2 most recent years. What was the increase or decrease in cash for each of these years? 17.Were there any Non-Cash Investing/Financing Transactions? Describe the type and amount. 18.What is the dollar difference between accrual net income and Cash provided by Operations? 19.What investing activity provided the largest inflow of cash in the current year? 20.What investing activity used the largest amount of cash in the current year? 21.What financing activity provided the largest inflow of cash in the current year? 22.What financing activity used the largest amount of cash in the current year? 23.Does the company have sufficient cash inflows from the appropriate category? Describe any problems the company many experience with cash flow from your analysis of the cash flow statement. 24.Show the change in Retained Earnings for the 2 most recent years. What was net income for each year? How much was paid out in dividends each year? 25.Were the dividends on common stock and/or preferred stock? What was the amount of each? 26.Did Retained Earnings change for any reasons other than net income or dividends? Explain. 27.What classes of stock does your company have? 28.How many shares of each class of stock are authorized, how many are issued, and how many are outstanding? 29.Does your company have any treasury stock? How many shares and what dollar amount? 30.What is the par or stated value of each of your companys stocks? Footnote Disclosures: 31.How many footnote disclosures does your company have? 32.How many significant accounting policies are listed under its Summary of Significant Accounting Policies? 33.What does it include as Cash and Cash Equivalents? 34.What method does it use to value Inventory? 35.What method(s) does it use to depreciate its assets? 36.Does it have any leased assets? If yes, describe them. 37.What policies does it have in regard to Foreign Currency Translations? 38.Describe any pending lawsuits in which it is involved. 39.Provide its Earnings per Share for the 2 most recent years? Report of the Independent Auditor(s): 40.Who is/are your companys auditor(s)? 41.Where are they located? 42.Does the auditor(s) give a qualified opinion, an unqualified opinion, a disclaimer of opinion, or an adverse opinion? What does that opinion mean? Is it good? 43.What is the auditors responsibility in regard to the financial statements? 44.What is managements responsibility in regard to the financial statements? 45.What financial statements were included in the auditors opinion? 46.Did the auditor believe that the statements were presented fairly? Managements Report: 47.Who bears the responsibility for the integrity and the objectivity of the financial statements? 48.What does management say they are doing to assure the public that the financial information is reliable? 49.What is the responsibility of the Audit Committee of the Board of Directors? Analysis: (use Excel to complete this section) 50.Provide common-size analysis of your companys income statement and balance sheet for the 2 most recent years (must be done using Excel with formulas). 51.Provide horizontal analysis of your companys income statement and balance sheet, showing the dollar amount and percent of change using the 2 most recent years (you must use an Excel spreadsheet with formulas). 52.Perform ratio analysis on your company using the ratios listed in Exhibit 13.16 on page 529 of your text (these must be in an Excel spreadsheet, using formulas to calculate the ratios). You should present them in a similar format as the text: group by category, list name of ratio, formula in words, and the ratio calculation. Give a short explanation of your conclusions about your company after each category of ratios (i.e. How liquid is your company? How efficiently is it using its assets? etc.). Conclusions: 53.Are you optimistic or pessimistic regarding the future of your chosen corporation? Explain. 54.Would you invest in the stock of the company? Explain. 55.Would you invest in the bonds of the company? Explain.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan, Louis Beaubien

8th Canadian Edition

134453735, 9780134824680, 134824687, 9780134733081 , 978-0134453736

More Books

Students also viewed these Accounting questions

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago