General project instructions:

Please read this document carefully, if you submit the assignment incorrectly and are asked to resubmit it for any reason, it will be considered as at least one day late.

• Complete this document using the annual report that you downloaded for Part 1.
• Do not create a new or separate document; just complete the one I provide. Almost all the information for this project should come from your company?s annual report.
• Throughout all the parts of the project, information is requested from specific pages in the annual report. You will need to take a readable screenshot or picture of the page(s) requested and insert it in this document where requested.
  • If you need help taking a screenshot please watch this video: https://youtu.be/EoTpIYLBtKs
  • If you need help cropping, or sizing, a screenshot please watch this video: https://youtu.be/BkeBauCpuUg
• When a question asks you to explain, describe, analyze, etc., use complete sentences and well-organized paragraphs.

ACCOUNTING 202 DUE DATE: Sunday, October 16 (11:59 P.M.) ANNUAL REPORT PROJECT STUDENT NAME: General project instructions: Please read this document carefully, if you submit the assignment incorrectly and are asked to resubmit it for any reason, it will be considered as at least one day late. Complete this document using the annual report that you downloaded for Part 1. Do not create a new or separate document; just complete the one I provide. Almost all the information for this project should come from your company's annual report. Throughout all the parts of the project, information is requested from specific pages in the annual report. You will need to take a readable screenshot or picture of the page(s) requested and insert it in this document where requested. If you need help taking a screenshot please watch this video: https://youtu.be/EoTpIYLBtKs If you need help cropping, or sizing, a screenshot please watch this video: https://youtu.be/BkeBauCpuUg When a question asks you to explain, describe, analyze, etc., use complete sentences and wellorganized paragraphs. Part 2 (20 pts.) (Use the same company from Part 1.) Name of company chosen: _________________________________ (You will use the same company for all parts of the project) Year of the annual report: ______________ CHAPTER 8: LONG-TERM ASSETS A. THE BASICS Use the company's balance sheet in your annual report that you identified in Part 1. Balance sheet date: __________________ Page on which balance sheet appears: _________ (Insert screen shot of the balance sheet here.) 1. The accounting equation is Assets = Liabilities + Stockholders' Equity. Replacing the words in the accounting equation with dollar amounts; give the company's accounting equation at the end of the current and prior years of the annual report. Assets = Liabilities + Equity Annual Report: Current year: _______________ = ______________ _______________ Annual Report: Previous year: _______________ = ______________ _______________ 2. List the categories, or sections, of the Asset area on the balance sheet. (Do not list each line item): 3. Property, plant and equipment Refer to the notes of the financial statements in the annual report that you identified in Part 1. The note, \"Summary of Significant Accounting Policies,\" should provide information about the company's depreciation and amortization methods. You will also need to refer to the other notes to the financial statements and to the financial statements themselves in order to answer the questions in all parts of this project. IMPORTANT: Indicate the page number in which the information was found and insert a screen shot below the question. a. What depreciation method does the company use? Page No._____ ____________________________________________ (Insert screen shot here to support your answer.) b. What is the amount of depreciation and amortization expense for the current year? Page No._____ (Hint: Look at the operating activities section of the cash flow statement if the indirect method was used.) Annual Report: Current year $ __________________ (Insert screen shot here to support your answer.) Previous year $ ___________________ 4. Intangible assets a. Does the company have any intangible assets? If so, list them here. (A screen shot does not replace listing them.) Page No. _____ (Insert screen shot here to support your answer.) b. Does the company report any goodwill? ______ Page No._____ What is the amount? __________________ (Insert screen shot here to support your answer.) B. FURTHER ANALYSIS Compare the current year ratios. 1. Using the formula given in the textbook, calculate the following for the past two years: Show your computations. You will find prior years' amounts in the Five-Year Summary of Selected Financial Data that you found in Part 1. Annual Report Current Year Previous Year a. Total Asset turnover: ___________ __________ b. Explain what information this ratio provides. Why do we use it? c. How do the results for your company compare by year? Explain and give possible reasons for what you've found. (at least one paragraph) C. INFORMATION FOR DECISION MAKING 1. Answer the following questions using the company's balance sheet in the annual report: a. In which plant asset does the company have the largest dollar amount invested? b. In total dollar amounts, are the company's assets primarily short-term (current) or long-term? How to submit this assignment: Complete and submit this document in Canvas on or before the due date. Do not create a new document.

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Skip To Content Dashboard Account Dashboard Courses Calendar 0 Inbox Help Close Object 1 My Dashboard ACCT&202 - 0398 Assignments ARP Part 2 Fall 2016 Home Announcements McGraw-Hill Connect Discussions Grades People Library ARP Part 2 Due Oct 16 by 11:59pm Points 20 Submitting a file upload File Types doc, docx, and pdf Available until Oct 20 at 11:59pm This assignment was locked Oct 20 at 11:59pm. Download and complete the document below. Please read the document carefully, if you submit the assignment incorrectly and are asked to resubmit it for any reason, it will be considered as at least one day late. Please make sure your screen shots are readable. ARP Part 2.docx 1476687540 10/16/2016 11:59pm Rubric true true 1580912 Can't change a rubric once you've started using it. Find a Rubric Title: Find Rubric Keep in mind that 37 students have already been assessed using this rubric. Changing it will affect their evaluations. ARP Part 2 You've already rated students with this rubric. Any major changes could affect their assessment results. ARP Part 2 Criteria 1. Give the company's accounting equation at the end of the current and prior years. Include readable screen shot. 498273_2755 view longer description threshold: pts Edit criterion description 2. List the categories, or sections, of the Asset area on the balance sheet 498273_3686 Ratings [ Select ] Your screen shot is to small to verify your numbers Save this comment for reuse [ Select ] The question only asked for the asset section. Pts pts / 3.0 pts -- pts / 2.0 pts -- Criteria view longer description threshold: pts Edit criterion description Ratings Save this comment for reuse 3.a. What depreciation method does the [ Select ] Your screen shot is to company use? Include readable screen shot. small to verify your answer. 498273_7636 view longer description Save this comment for reuse threshold: pts Edit criterion description 3.b. What is the amount of depreciation [ Select ] Your answer is only for a expense for the current year? Include readable part of the company. Make screen shot. 498273_77 view longer description Save this comment for reuse threshold: pts Edit criterion description 4.a. Does the company have any intangible assets? If so, list them here. Include readable screen shot. 498273_2417 view longer description threshold: pts Edit criterion description 4.b. Does the company report any goodwill? Include readable screen shot. 498273_9122 view longer description threshold: pts Edit criterion description B.1.a. Calculate Total Asset turnover for the 2 years in the annual report. Show computations. 498273_7717 view longer description threshold: pts Edit criterion description B.1.b. Explain what information this ratio provides. How do the results for your company compare by year? 498273_2228 view longer description threshold: pts Edit criterion description [ Select ] None listed. The instructions are to list the intan See Note #4 on page 54: Definite-lived and amortiza pts / 2.0 pts -- pts / 2.0 pts -- pts / 2.0 pts -- Save this comment for reuse [ Select ] Goodwill is reported on the balance sheet on page 4 Save this comment for reuse [ Select ] See page 367 of your textbook for how to calculate Save this comment for reuse pts / 2.0 pts -- pts / 3.0 pts -- [ Select ] Do we want this ratio high pts or low? Is an increase g / 2.0 pts -Save this comment for reuse [ Select ] C.a. In which plant asset does the company have the largest dollar amount invested? 498273_3983 view longer description threshold: pts Pts Save this comment for reuse pts / 1.0 pts -- Criteria Ratings Pts Edit criterion description C.b. In total dollar amounts, are the company's assets primarily short-term (current) or [ Select ] long-term? 498273_1100 Save this comment for reuse view longer description threshold: pts Edit criterion description Description of criterion view longer description threshold: 5 pts Edit criterion description Full Marks No Marks 5 pts blank 0 pts blank_2 Edit rating Delete rating Edit rating Delete rating Add new rating category Add new rating category after current rating after current rating This area will be used by the assessor to leave comments related to this criterion. pts / 1.0 pts -- pts / 5 pts -- Total Points: 20.0 out of 20.0 Criterion Find Outcome I'll write free-form comments when assessing students Use this rubric for assignment grading Hide score total for assessment results Cancel Create Rubric Cancel Update Description Additional Comments: Cancel Update Comments Additional Comments: Rubric Can't change a rubric once you've started using it. Find a Rubric Title: Find Rubric Title You've already rated students with this rubric. Any major changes could affect their assessment results. Title Criteria Ratings Description of criterion view longer description threshold: 5 pts Edit criterion description Full Marks No Marks 5 pts blank 0 pts blank_2 Edit rating Delete rating Edit rating Delete rating Add new rating category Add new rating category after current rating after current rating Description of criterion view longer description threshold: 5 pts Edit criterion description Full Marks No Marks 5 pts blank 0 pts blank_2 Edit rating Delete rating Edit rating Delete rating Add new rating category Add new rating category after current rating after current rating Total Points: 5 out of 5 Criterion Find Outcome Pts This area will be used by the assessor to leave comments related to this criterion. This area will be used by the assessor to leave comments related to this criterion. pts / 5 pts -- pts / 5 pts -- I'll write free-form comments when assessing students Use this rubric for assignment grading Hide score total for assessment results Cancel Create Rubric Previous Previous: ARP Part 1 Next Next: ARP Part 3 1c07c96f-1807-4dc7-93f4-22f1e0033fcf In order to create video or audio recordings your computer needs to be webcam-enabled. If you don't have a webcam on your computer, you can still record audio-only messages by first installing the Google Video Chat plugin. Install the Video Plugin Don't have a webcam