Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Locate a set of simple financial statements on the internet, download the financials into Excel and save the file. Ensure that you have two consistent

Locate a set of simple financial statements on the internet, download the financials into Excel
and save the file. Ensure that you have two consistent fiscal years worth of information in your
file.
2. Locate your choice of seven (7) financial statements analysis from the article above.
a. Perform the financial analysis (via formula showing your work) for the seven you choose.
b. Explain why you chose the seven you chose as well as what the financial ratio or analysis
should tell you about a company. This is your opportunity to demonstrate your
understanding of what the ration should tell a general investor. Do NOT explain what
the result tells you about the company you chose, as this will be completed in next
weeks assignment.
Application Assignment #3(week 8)
Using the same financial statement analysis from last weeks application assignment, complete the
following:
1. For each of the seven financial statement analysis you performed, describe what the calculated
results tells you about the health of the company you chose. Be thorough in your answer for
each financial analysis. Additionally, what questions might you have remaining based upon your
result? What questions would you ask of management if you had the opportunity?
2. Looking at the summary of all of your seven financial analysis results, explain how you view the
overall health of the company. Be thorough in why you assess the companys health in the way
you do. What calculations, considered together lead to your conclusion? Are there any financial
calculations that seem counter or opposite of your overall conclusion? What additional
questions would you have of management at this stage

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan

16th edition

134475585, 978-0134475998, 134475992, 978-0134475585

More Books

Students also viewed these Accounting questions

Question

Describe Yaloms therapeutic factors for group psychotherapy.

Answered: 1 week ago

Question

How can leaders overcome resistance to change?

Answered: 1 week ago