Question
For Cogeco Inc ( last 2 years) Statement of Financial Position (Balance Sheet) a.Cash and Cash Equivalents (including any short-term notes) b.Accounts and Notes Receivables
For Cogeco Inc ( last 2 years)
Statement of Financial Position (Balance Sheet)
a.Cash and Cash Equivalents (including any short-term notes)
b.Accounts and Notes Receivables
c.Other Receivables
d.Inventory
2.Income Statement
a.Revenue
3.Notes to the Financial Statements (for above items)
REQUIRED
1.By reviewing the annual report and audited financial statements, and through research,
prepare a brief overview of the company (2-3 paragraphs).
a.What does the company do? Where are the
corporate headquarters? Who is on the management team? A number of
employees? A number of locations? When did the company begin? Why did you
choose the company? Significant events? Significant discoveries? Any other
interesting items that you feel you should include about the company.
2.Report the year-over-year dollar amounts for the above-mentioned items (present in
chart format).
a.You should also expand and include all details of the dollar amounts presented in
the financial statements. The details are presented throughout the audited
financial statements. As an example: does inventory include consignments? For
accounts receivable, what is the allowance for doubtful accounts?
3.Review the notes to the financial statements. Analyze and then summarize the
significant accounting policies that have been established as described in the notes to
the financial statements for each of the above items. (3-4 paragraphs).
4.Is there any information that seems to be a concern to you? Why or why not? Analyze
and comment on the comparative financial information. (2-3 paragraphs).
a.Include any appropriate ratios (presented at the end of each chapter). Consider
the relationship between revenue and accounts receivable. Between revenue
and inventory. Any other relationships to consider? Were there large variances
year-over-year? Any indication of why the large variance occurred? Consider a
comparison to another company in a similar industry.
5.What is your opinion about the significant accounting policies and procedures
presented? How do the significant accounting policies presented in the notes to the
financial statements compare to the disclosure topics discussed in the textbook?
6.Conclusion and wrap up.
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