The appendices are located in the course hero database under this file: 2020112605495120201125165956global_abc.1__1_.docx

link: https://www.coursehero.com/u/file/74621266/2020112605495120201125165956global-abc1-1-docx/#question

Questions

1) Analyze the Company's performance in 2019 using a (vertical and horizontal) common size statement of income (Appendix A) and balance sheet (Appendix B).

2) Analyze the Company's cash flows in 2019 (Appendix C).

3) Analyze the Company's performance in 2019 by conducting ratio analysis, including liquidity ratios, solvency ratios, profitability ratios, and valuation ratios.

4) In early 2020, the Company has experienced a significant overall reduction in demand for its products which is, in large part, attributable to the impact of the COVID 19 pandemic. Discuss the actual impact of COVID 19 on the Company's performance in 2020 using the Company's quarterly report filed with the SEC in August 2020 (Appendices D, E, and F).

5) Discuss the possible strategies the Company can implement to mitigate the impact of COVID 19.

6) The Company has experienced a lot of nonrecurring activities in the past years to restate previously filed financial statements. Since August 2016, the Company has experienced a substantial and disruptive diversion of management resources to address various accounting, financial reporting, and financial issues. During that time, the Company determined that it was necessary to restate financial results for 2014 and 2015 as well as the first quarter of 2016 and, since then, has also focused on becoming timely on all of its SEC financial reporting requirements, which is achieved with the filing of this Annual Report on Form 10 K for the year ended December 31, 2019. Additionally, the SEC and the USAO (DOJ) are conducting investigations into the Company's financial reporting, revenue recognition practices, and related conduct. The Company's financial statements of years 2015 2017 are presented in Appendices G, H, and I. Comment on the impact of these past events on the Company's "normalization" of 2018 and 2019 numbers.