no external links so stop complaining Not going to copy and paste just need an example i am so far behind since i dont understand. I need help on this project in my accounting class. i could really use the help this is a very important class for me but i am struggling big time in it, i cant seem to understand accounting at all. Thank you in advance
ACC112 Online Project Spring 2019 Student Name_ Company Name _ You will research a company of your choice and must get instructor approval for your company. Before you begin work please email me to get approval for the company you have chosen. Please check the Canvas announcements page for companies that have already been chosen. Only one student is allowed per company. The company must be publicly traded and the annual report must be for the most recent year available: either 2018 or 2019. You can search for annual reports at the SEC's website address http://www.sec.gov/edgar/searchedgar/companysearch.html filtering for 10-k reports. Your project must be typed and contain the information in 1 through 30 below. Y You can modify this word document for your company report. Please email the document as an Adobe pdf and ensure all necessary documentation (financial statements and other support) is included and easy to read. The snipping tool may be helpful for including the required information from the annual report. Unless otherwise specified, answer the following using the most current year. 1. Give a general description of the company. 2. Below, give the titles of the 4 main financial statements. (Some companies use slightly different terminology for the titles of the financial statements) (Copy and paste the entire 4 financial statements here. The snipping tool may be useful for capturing the entire financial statement.) Income statement (this is not the same as comprehensive income):_ Balance sheet:_ Statement of owner's equity: Statement of cash flows: _ 3. What accounting firm audited the company? (Copy and paste the section of auditor's opinion here that contains the accounting firm name) To receive credit, you must state, highlight or circle the answer. 4. What is the date of the current fiscal year end for the annual report? 5. For the current year fill in the amounts for the accounting equation: Assets Liabilities Owners Equity 6. What is the largest individual asset account for the most current year? 7. What is the largest individual liability account for the most current year? 8. What is net income for the most current year? 9. What depreciation method(s) does the company use? (Copy and paste the section of the footnote/financial statement here that contains the depreciation information) To receive credit, you must state, highlight or circle the answer. 10. What is the largest category of property, plant and equipment? (Copy and paste the section of the footnote/financial statement here that contains that information). To ). To receive credit, you must state, highlight or circle the answer. 11. What is the amount of gross property, plant and equipment? (Copy and paste the section of the footnote/financial statement here that contains that information) To receive credit, you must state, highlight or circle the answer. 12. What is the amount of accumulated depreciation (Copy and paste the section of the footnote here that contains that information) To receive credit, you must state, highlight or circle the answer. 13. What is the amount of net property, plant and equipment? (Copy and paste the section of the footnote here that contains that information) To receive credit, you must state, highlight or circle the answer. 14. What type of stock(s) does the company have? 15. For the common stock what is the: (Copy and paste the area of the annual report here that contains that information) Par/stated value: Shares authorized: Shares issued:_16. Was cash provided or used by operating activities? Circle the correct answer (provided, used) Grading rubric for the project. 17. What is the amount of cash provided or used by operating activities for the most current year? 18. Was cash provided or used by investing activities? Circle the correct answer (provided, used) Item # Points 19. What is the amount of cash provided or used by investing activities for the most current year? 20. Was cash provided or used by financing activities? Circle the correct answer (provided, used) U 00 00 21. What is the amount of cash provided or used by financing activities for the most current year? nAWNH 22. Fill in the amounts below for the most current year: 3+2 for inclusion of support Cash provided (used) by operating activities Cash provided (used) by investing activities non A A q Cash provided (used) by financing activities Miscellaneous (ie effect of exchange rate changes) Increase (decrease) in cash Cash at beginning of year n UP 3+2 for inclusion of support Cash at end of year 3+2 for inclusion of support 11 3+2 for inclusion of support 23. Prepare horizontal analysis on the income statement: 12 n u u 3+2 for inclusion of support Current Year Previous Year Two Years Ago Sales or Revenues (amount) 3+2 for inclusion of support Sales or Revenues (%) 14 Net Income (amount) 15 A CO A U 6+2 for inclusion of support Net Income (%) 17 24. Based on the horizontal analysis in 23 above what are the positive (improving) trends? 18 25. Based on the horizontal analysis in 23 above what are the negative (weakening) trends? 19 20 26. Prepare vertical analysis on the balance sheet: 21 Current Year Prior Year 22 amount unowe percentage percentage 23 Cash Total current assets 24 Total assets 25 Total current liabilities 26 Total liabilities 27 Total stockholders' equity 28 Total liabilities & stockholders' equity 29 30 27. Comment on the vertical analysis in 26 above. financial statements are attached 28. Prepare ratio analysis (include amounts used for calculation for credit) Current Year Prior Year 200 total points possible amounts used ratio amounts used ratio Penalties: for calculation for calculation -20 late penalty Current ratio 50 no instructor approval for Profit margin company selected Payout ratio -50 year prior to latest available 2018 Debt to assets ratio or 2019 29. For each of the ratios in 28 above, circle the stronger ratio. 30. Would you recommend purchasing stock in the company? Give three reasons to support your answer. Page 2 of 3
