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I need help for my Accounting project. I attached Final project file which has questions I started working on a bit for first two questions
I need help for my Accounting project.
I attached Final project" file which has questions
I started working on a bit for first two questions on "ACC207 project" file.
a What is the name of a company? Target Corporation b What sections does the company have on 'Table of contents' in 10-k? In other words, list the table of contents. c In what industry does this company belong? Final Project 1 2 3 Your project must be typed and look professional. Please make sure you have a cover page where you show your full name and company name. The company needs to be a publicly traded company. Pick a company that you are interested in. Find their most recent annual reports (a.k.a 10-k) Possible Sources; Company's website (usually under the investor relation tab) SEC filings http://www.sec.gov/edgar/searchedgar/companysearch.html Answer the followings based on the annual reports: a What is the name of a company? b What sections does the company have on 'Table of contents' in 10-k? In other words, list the table of contents. c In what industry does this company belong? d What fiscal year and date is this 10-k prepared for? e How many financial statements are included in the report? What are they? f What kind of cost method does the company use to value its inventory? To answer f, copy the part that explains the inventory valuation method and paste in your word file and highlight the LIFO or FIFO, whichever the company uses. g When does the company recognize revenue? To answer g, copy and paste the part that explains the revenue recognition principle in 10-k. h What does the company include in Cost of Goods Sold (or Cost of Sales)? To answer h, copy and paste the part that explains COGS in 10-k. i What depreciation method does this company use? To answer i, copy and paste the part that explains depreciation method in 10-k and highlight the method it uses. j How many people are there on the board of directors? k How many common stockholders were there at the time the 10-k was prepared? l How much is the basic earnings per share for the fiscal year reported? m What is the effective income tax rate for the fiscal year reported? n Using the common ratios used in financial statement analysis on the last page of our textbook, compute the following (1) through (4) for your company for only the latest fiscal year reported. For (5), please log on to http://finance.yahoo.com/ to find the answers. 1 Current Ratio (4) Return on Equity 2 Receivables Turnover (5) Price/Earnings Ratio 3 Debt-to-Asset RatioStep by Step Solution
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