Excel Project Historical Financial Statements Assignment
The chosen company for the financial statement analysis is Groupon (GRPN)
ACCT 370 EXCEL PROJECT: HISTORICAL FINANCIAL STATEMENTS ASSIGNMENT INSTRUCTIONS OVERVIEW Company Information (Tab 1), and Historical Income Statements, Balance Sheets, and Cash Flows (Tabs 2-4) . . . INSTRUCTIONS Choose one of the 3 companies listed in your Instructor's Module 1: Week 1 Excel Project Announcement. Go to the Securities and Exchange Commission's EDGAR database and access your chosen company's most recent Form 10-K (annual report). (For help with this process, see the Module 1: Week 1 presentation, "Downloading Financial Statements from the SEC EDGAR Database.") Create an Excel workbook, including data for your chosen company as follows: o The 1st tab (worksheet) in your Financial Statement Analysis Template must be labeled Company Information. The following information must be included: Company Name and ticker symbol Industry Products or services offered Major competitors An example of this tab is provided in Exhibit A o The 2nd tab in your Financial Statement Analysis Template must be labeled Historical Income Statements. Include the latest three years based on SEC filings. Ensure that the worksheet includes a header with: Company Name Financial Statement Name (Income Statements) Financial Statement Dates Denomination level (Ss in millions or thousands, etc.) o The 3rd tab in your Financial Statement Analysis Template must be labeled Historical Balance Sheets. Include the latest three years based on SEC (10-K) filings. (Note: Some 10- Ks only provided 2 years of balance sheet data. You may need to download the second most recent 10-K for your company in order to obtain 3 years of balance sheet data.) Ensure that the worksheet includes a header with: Company Name Financial Statement Name Financial Statement Dates Denomination level (Ss in millions or thousands, etc.) A partial balance sheet example is provided in Exhibit B. o The 4th tab in your Financial Statement Analysis Template must be labeled Historical Statement of Cash Flows. Include the latest three years based on SEC (10-K) filings. . . . Page 1 of 3 ACCT 370 . Make sure that the Income Statement, Balance Sheet, and Cash Flows Statement tie in as follows: Net Income from Income Statement agrees with Net Income on the Statement of Cash Flows. Ending Cash Balance from Statement of Cash Flows agrees with Cash in the Balance Sheet. Ensure that the worksheet includes a header with: Company Name Financial Statement Name Financial Statement Dates Denomination level (Ss in millions or thousands, etc.) Other instructions: The Excel workbook should be professionally formatted. Professional formatting includes: All numbers are formatted similarly. The use of decimals, commas for thousands, and other formatting is consistent. Dollar signs are included in the first and last numbers of each column. Subtotals and totals are preceded by a single underline. Totals are followed by a double underline. All extraneous information is removed from the spreadsheet. Sometimes, files downloaded from the SEC website contains extra characters or other things that need to be deleted. Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read. All totals and subtotals should be calculated using formulas. For an example of which cells may need formulas, please see Exhibit B. . . EXHIBIT A: EXAMPLE COMPANY INFORMATION TAB ACCT 370 Excel Project Company Name Company Information Student Name Company Name Ticker Symbol Industry Products and Services Offered Major Competitors Page 2 of 3 ACCT 370 EXHIBIT B: EXAMPLE HISTORICAL BALANCE SHEETS TAB (IMPORTANT NOTE: ONLY PARTIAL BALANCE SHEET SHOWN. YOUR BALANCE SHEET SHOULD INCLUDE LIABILITIES AND STOCKHOLDERS' EQUITY AS WELL.) Wendy's Co. Consolidated Balance Sheets As of January 3, 2016, December 28, 2014, and December 29, 2013 $s in thousands Jan. 03, 2016 Dec. 28, 2014 Dec. 29, 2013 $ ASSETS Current assets: Cash and cash equivalents Accounts and notes receivable Inventories Prepaid expenses and other current assets Deferred income tax benefit Advertising funds restricted assets 327,216 $ 104,854 4,312 112,788 267,276 $ 580,152 73,358 62,885 8,807 10,226 73,692 81,759 73,661 120,206 65,308 67,183 67,399 Total current assets 616,569 562,102 922,411 Properties Goodwill Other intangible assets Investments Other assets 1,227,944 770,781 1,339,587 58,369 95,470 1,271,238 822,562 1,351,365 74,054 64,521 1,165,487 842,544 1,305,780 83,197 43,621 Total assets $ 4,108,720 $ 4,145,842 $ 4,363,040 Fields using formulas Page 3 of 3 ACCT 370 EXCEL PROJECT: HISTORICAL FINANCIAL STATEMENTS ASSIGNMENT INSTRUCTIONS OVERVIEW Company Information (Tab 1), and Historical Income Statements, Balance Sheets, and Cash Flows (Tabs 2-4) . . . INSTRUCTIONS Choose one of the 3 companies listed in your Instructor's Module 1: Week 1 Excel Project Announcement. Go to the Securities and Exchange Commission's EDGAR database and access your chosen company's most recent Form 10-K (annual report). (For help with this process, see the Module 1: Week 1 presentation, "Downloading Financial Statements from the SEC EDGAR Database.") Create an Excel workbook, including data for your chosen company as follows: o The 1st tab (worksheet) in your Financial Statement Analysis Template must be labeled Company Information. The following information must be included: Company Name and ticker symbol Industry Products or services offered Major competitors An example of this tab is provided in Exhibit A o The 2nd tab in your Financial Statement Analysis Template must be labeled Historical Income Statements. Include the latest three years based on SEC filings. Ensure that the worksheet includes a header with: Company Name Financial Statement Name (Income Statements) Financial Statement Dates Denomination level (Ss in millions or thousands, etc.) o The 3rd tab in your Financial Statement Analysis Template must be labeled Historical Balance Sheets. Include the latest three years based on SEC (10-K) filings. (Note: Some 10- Ks only provided 2 years of balance sheet data. You may need to download the second most recent 10-K for your company in order to obtain 3 years of balance sheet data.) Ensure that the worksheet includes a header with: Company Name Financial Statement Name Financial Statement Dates Denomination level (Ss in millions or thousands, etc.) A partial balance sheet example is provided in Exhibit B. o The 4th tab in your Financial Statement Analysis Template must be labeled Historical Statement of Cash Flows. Include the latest three years based on SEC (10-K) filings. . . . Page 1 of 3 ACCT 370 . Make sure that the Income Statement, Balance Sheet, and Cash Flows Statement tie in as follows: Net Income from Income Statement agrees with Net Income on the Statement of Cash Flows. Ending Cash Balance from Statement of Cash Flows agrees with Cash in the Balance Sheet. Ensure that the worksheet includes a header with: Company Name Financial Statement Name Financial Statement Dates Denomination level (Ss in millions or thousands, etc.) Other instructions: The Excel workbook should be professionally formatted. Professional formatting includes: All numbers are formatted similarly. The use of decimals, commas for thousands, and other formatting is consistent. Dollar signs are included in the first and last numbers of each column. Subtotals and totals are preceded by a single underline. Totals are followed by a double underline. All extraneous information is removed from the spreadsheet. Sometimes, files downloaded from the SEC website contains extra characters or other things that need to be deleted. Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read. All totals and subtotals should be calculated using formulas. For an example of which cells may need formulas, please see Exhibit B. . . EXHIBIT A: EXAMPLE COMPANY INFORMATION TAB ACCT 370 Excel Project Company Name Company Information Student Name Company Name Ticker Symbol Industry Products and Services Offered Major Competitors Page 2 of 3 ACCT 370 EXHIBIT B: EXAMPLE HISTORICAL BALANCE SHEETS TAB (IMPORTANT NOTE: ONLY PARTIAL BALANCE SHEET SHOWN. YOUR BALANCE SHEET SHOULD INCLUDE LIABILITIES AND STOCKHOLDERS' EQUITY AS WELL.) Wendy's Co. Consolidated Balance Sheets As of January 3, 2016, December 28, 2014, and December 29, 2013 $s in thousands Jan. 03, 2016 Dec. 28, 2014 Dec. 29, 2013 $ ASSETS Current assets: Cash and cash equivalents Accounts and notes receivable Inventories Prepaid expenses and other current assets Deferred income tax benefit Advertising funds restricted assets 327,216 $ 104,854 4,312 112,788 267,276 $ 580,152 73,358 62,885 8,807 10,226 73,692 81,759 73,661 120,206 65,308 67,183 67,399 Total current assets 616,569 562,102 922,411 Properties Goodwill Other intangible assets Investments Other assets 1,227,944 770,781 1,339,587 58,369 95,470 1,271,238 822,562 1,351,365 74,054 64,521 1,165,487 842,544 1,305,780 83,197 43,621 Total assets $ 4,108,720 $ 4,145,842 $ 4,363,040 Fields using formulas Page 3 of 3
