Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Directions Write a short paper that introduces the business you chose for your final project. Specifically, you must address the following rubric criteria: Business Selection:

Directions Write a short paper that introduces the business you chose for your final project. Specifically, you must address the following rubric criteria: Business Selection: Select a company from the Final Project Business Options List and describe the business you chose, including the business name and what the business offers consumers. Financial Statements: Using Mergent Online, look up the balance sheet, the income statement, and the cash flow statement for the latest fiscal quarter for the business you chose. Use these statements to accurately report the following values: Total assets Total liabilities Current assets Current liabilities Net income Shares outstanding Earnings per share (EPS) Total revenue Shareholders' equity Financial Statement Role: Explain why financial statements are important to a business and how they help a business determine its financial health. Cash Flow Management: Use a financial news story from the past two months as an example to explain why cash flow management is important to a business and its financial health

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

Accounting concepts and applications

Authors: Albrecht Stice, Stice Swain

11th Edition

978-0538750196, 538745487, 538750197, 978-0538745482

More Books

Students also viewed these Accounting questions

Question

(7b-4c-1)-2 (2b3c-2)5 Simplify.

Answered: 1 week ago