Question
Question: Required Action: prepare & attach in one document, three slides (in landscape format), either in PowerPoint or as an Adobe Acrobat PDF file. Start
Question:
Required Action: prepare & attach in one document, three slides (in landscape format), either in PowerPoint or as an Adobe Acrobat PDF file. "Start a New Thread" and attach the completed presentation. The subject line & the file document must be the name of your company (abbreviated company name is acceptable) followed by your name.
Use only black & blue text font and a white background for the slides. Do not present any graphics or clip art of any type. Be sure that your presentation is a professionally prepared document. It must be able to be printed and readable as presentation slides. Small print, wide margins are therefore discouraged. Absolutely be brief with any written notes provided. Remember, you are part of a two-person team and teamwork is critical in any company. Present the following information (note, present only the required information, resist going off on a tangent): (Note: use my presentation example as a guide to how your slides should be formatted and look.)
- Header (required on slide 1 only): "Corporation Name followed by Your Name"
- Slides 1: Present, horizontally, the following ratios for the most current four years:
>> Current Ratio
>> Quick Ratio
>> Current Cash to Debt Coverage
>> Accounts Receivable Turnover
>> Inventory Turnover
>> Asset Turnover
>> Profit Margin on Sales
>> Return on Assets
>> Debt to Asset Ratio
>> Free Cash Flow
- Slides 2: Identify and provide a brief written review of one (and only one) significant financial event that is reflected in a significant change or trend exhibited by four year ratio trend presented in slide 1. Include any consolidated or brief footnote evidence/information that discusses/explains this significant event. Note: Be brief, you may use bullet format in your presentation. Ensure that all information is properly documented using in text citations. Caution, you are to provide your own analysis. Therefore, do not consult any online analysis, that may have been written, about this financial event. This team, not the Wall Street Journal or outside online analytical gang is responsible for making their own observation to the senior partner.
- Slide3:Thebibliographicinformationmustbeonthelastofthethreeslides.
Find info here ->>>
MACY'SSEC 10-k link:
http://www.sec.gov/Archives/edgar/data/794367/000079436715000073/m-0131201510k.htm
Example is attached.
Boston Beer Company - by Michael J. Motes, CPA Ratios 2014 1.9 2013 1.6 2012 1.8 2011 1.9 Quick Ratio 1.0 0.9 1.2 1.1 Current Cash to Debt Coverage 1.3 1.0 1.2 1.0 Accounts Receivable Turnover 22.9 20.1 21.2 23.7 Inventory Turnover 8.1 7.0 6.8 7.5 Asset Turnover 1.7 1.8 1.8 1.9 Profit Margin on Sales 10.0% 9.5% 10.2% 12.9% Return on Assets 17.3% 17.5% 18.8% 24.9% 0.3 0.3 0.3 0.3 ($10,673) ($3,426) $27,594 $53,161 (Note 1) (Note 1) (Note 2) (Note 2) Current Ratio Debt to Asset Ratio Free Cash Flow Note 1: 2014, p37, 38, 39 & 40 Note 2: 2012, p38, 39, 40 & 41 Significant Event: The 2011 Return on Assets ROA reflected a significant variation from 2012. Observations: ROA declined by 24.4% in 2012. A similar significant increase and decline is reflected in the Profit Margin on Sales ratio. From 2011 to 2012 Net Sales has increased consistently about 13 from year-to-year. (2012 p38) Findings: During 2008 actions were initiated related to a voluntary recall involving glass shards discovered in bottled beer. Subsequent legal action was initiated. (2008, p22, 56 & 5) In 2011, the Boston Beer Company settled litigation with the bottle provider for $20.5 million. This was reported as a reduction of operating expenses. (2011, p37, 52 - 54) Increased Net Income (net of 36% tax) was $13.1 million. This caused a 5% point increase in ROA from 12.9% to the reported 24.9%. Bibliography 2014 Boston Beer Company Annual Report (2014 SEC 10K). (SEC Filing Date: 2/24/2015). http://www.sec.gov/Archives/edgar/data/949870/000119312515060122/d851668d10k.htm Access date March 16, 2015. 2012 Boston Beer Company Annual Report (2012 SEC 10K). (SEC Filing Date: 2/20/2013). http://www.sec.gov/Archives/edgar/data/949870/000119312513067288/d441934d10k.htm Access date March 31, 2013. 2011 Boston Beer Company Annual Report (2011 SEC 10K). (SEC Filing Date: 2/22/2012). http://www.sec.gov/Archives/edgar/data/949870/000119312512072823/d299620d10k.htm Access date July 12, 2012. 2008 Boston Beer Company Annual Report (2008 SEC 10K). (SEC Filing Date: 3/10/2009). http://www.sec.gov/Archives/edgar/data/949870/000095013509001646/b73467bbe10vk.htm Access date July 7, 2009Step by Step Solution
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