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The 1 s t step of the project for FIN 3 0 1 requires each student to find the Statement of Earnings ( Income Statement
The step of the project for FIN requires each student to find the Statement of Earnings Income Statement for different companies.
The Earnings Statement should come from a company's K only. Do not get the information from yahoo finance or any other source other than the company's K
All numbers on the financial statements must be in thousands of $ not millions of $ and statements must be in dollars, not a foreign currency.
The business must be manufacturex or retailer. Out of the you turn in must be a manufacturer. The business should not primarily be a service business. The company must be publicly held and have yearly revenues of at least $ billien and no larger than $ or so billion max.
If the company has had years of net losses, you need to find another company.
The step of the group project requires each student in class to provide information on potential companies that you might like to research. You will need to find the income statement Statement of Earnings and turn it in with a brief background of the companies. You must find their Income Statement sometimes referred to as Statement of Income or Statement of Earnings from their K offof the company website. Do not get the information from yahoo finance or any other source other than the company's
A Form K is an annual report required by the US Securities and Exchange Commission SEC that gives a comprehensive summary of a company's financial performance.
For this deliverable, I only need page per company that shows me the most recent income statement statement of earnings I will use this to see if the firm meets the criteria.
CRITERIA you must consider in order to have your company approved by me
Must be a for profit, publicly held, US company with no losses in the last few years. The Net IItcome needs to show a profit. NO LOSSES.
Cannot be extremely large or extremely small. Revenues should be no smaller than $ million and no larger than $ billionIf you find a company that meets all the criteria but is a bit smaller or larger in revenueslet me know
Companies need to be either a manufacturer or retailer. One of your companies MUST be a manufacturer. The company should not primarily be a service business. I will not allow Microsoft, WalMart, CocaCola, and Exxon all too large and too common. I will not allow any companies that are primarily serviceoriented businesses such as banks, credit card companies, social media companies, hospitalsthese do not primarily create or resell a product. You will not be able to yse any companies that haye been recently used in my previousemester FIN classes,
The financial statements need to be listed in the thousands, not in the millions.
You need to look at their to make sure the numbers are listed in thousands $ This means the actualnumber slisted on the statements would need to have zeros addedonte te itin order for it to be the actualdollar amount. Firms put numbers in thousands and millions to save on space. For example, if you see $ on a financial statement that is listed in thousands, this number would be $four hundred and fiftysix million, one hundred thousand If the numbers on the financial statements are listed in the millions, then that means you would add zeros onto the number, $four hundred and fiftysix billion, one hundred million I will not accept statements that are listed in millions.
The companies you choose must have their financial statements listed in the thousands.
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