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I AM IN DIRE NEED OF HELP WITH THIS PROJECT! **Please add sources if possible You should select an annual report of a publicly held

I AM IN DIRE NEED OF HELP WITH THIS PROJECT! **Please add sources if possible

You should select an annual report of a publicly held company in order to analyze its financial statements. Ideally, you will select a company in an industry you are interested in working at. This project is geared toward helping you critically analyze corporations in order to determine if they are a desirable and good fit for you. Annual reports are available online by conducting a search that includes the name of the company and the words annual report. Reports can also be found at the company website.

Your project should consist of a minimum of four to six double spaced pages organized according to the following outline:

Executive Summary:

Brief focus on important analysis results and conclusions. Does your ratio analysis indicate improvement or decline?

In your own words, what do you think of this company? Would you want to work for this company? Why or why not? Would it be wise to invest in this company? Why or why not?

Description of the principal products or services that the company provides

Main geographic area of activity

Name of the companys independent accountants (auditors). In your own words, what did the accountants say about the companys financial statements?

The most recent price of the companys stock and its dividend per share. Be sure to provide the date for this information.

Analysis Overview

Give a background of the company, its industry and its economic setting. Describe its outlook; then summarize the companys future plans based on your library research and on reading the annual report. Be sure to read the letter to the stockholders. Include relevant information about the companys plans from that discussion.

Evidential Matter

Income Statement: Is the format most like a single-step or multi-step format? Determine gross profit, income from operations, and net income for the last two years; comment on the increases or decreases in these amounts.

Balance Sheet: Show that Assets = Liabilities + Stockholders Equity for the past two years.

Statement of Cash Flows: Are cash flows from operations more or less than net income for the past two years? Is the company expanding through investing activities? What is the companys most important source of financing? Overall, has cash increased or decreased over the past two years?

Financial Ratios: For the past two years, calculate and discuss the significance of the following ratios:

Liquidity Ratios

Working Capital

Current Ratio

Accounts Receivable Turnover

Inventory Turnover

Profitability Ratios

Profit Margin Ratio

Return on Total Assets

Return on Common Stockholders Equity

Long Term Solvency Ratios

Debt Ratio

Market Strength Ratios

Earnings per Share

Price-Earnings Ratio

Dividend Yield

Assumptions:

Identify the important assumptions regarding a companys industry and economic environment and assumptions used for any estimates or future plans.

Key Factors:

List of important favorable and unfavorable factors, both quantitative and qualitative, for company performance. Can expound on ratio analysis.

Inferences:

Discuss any forecasts, estimates, interpretations and conclusions drawing on all sections of the report.

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