Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find the balance sheet within the annual report (10-K). Answer

Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find the balance sheet within the annual report (10-K). Answer the following questions:
What is the name of your company and your pathway?
What were the total current assets this year and last year for the company you chose?
What were the total current liabilities this year and last year for the company you chose?
Calculate the Current Ratio for this year and last year for the company you chose.
Analyze your company's current ratio (is it good/bad; how does it compare to the prior year, etc.)
Include a link to the URL for your company's annual report.
Your initial post must answer all the questions and be at least 3 paragraphs long. You must reply to two of your classmates. In your replies to your classmates, compare your company's Current Ratio to their company's Current Ratio. Which one suggests a healthier company? Which company has the better ratio and why. What are some factors you believe affect the ratio? Your replies must be at least 5 sentences long each, detailed, and thorough.
Examples of sectors/industries in pathways could be:
AHCD: Media, Dance, Theater, Film production, Graphics design or Architecture
Business: Tourism/Leisure, Telecommunications, Retailers, Computers, Equipment, Food and Beverage Products, Real Estate, Technology Hardware, Toys, Commercial Services, Financial Services, any business is acceptable
Education: Non-Profit Services, Public Agency, Child care, Charter schools, Universities
Health Sciences: Health Care Services, Healthcare Products, Hospital, Household Products, Chemicals
IMCT: Aviation, Construction, Construction Materials, Logistics, Automotive, Mining
Public Safety: Equipment providers for the industry, Public Agency, Non-Profit Services
STEM: Engineering, Computers. Chemicals, Energy, Energy Utilities, Technology Hardware
SGSHS: Healthcare Services, Non-Profit Services, Media, Public Agency

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

Intermediate Accounting

Authors: kieso, weygandt and warfield.

14th Edition

9780470587232, 470587288, 470587237, 978-0470587287

More Books

Students also viewed these Accounting questions