the company i will be doing is new balance

Below is what the final product should look like

ACCT 101 Principles of Accounting I - Project Questions to be answered for your Company - 50 total points NOTE: Include your answers exactly as they appear on the financial statements. If they are stated in millions/thousands, do not add zeros. Base points - Obtained all the information, submitted in a professional organized format. Attach your completed project to an email and send to your instructor before the deadline. Also, be sure you have included the URL to the Annual Report within Discussion Board as instructed early in the semester. - (5) 1. For the most recent year provide the following: (10) Current assets Current liabilities . Working capital Current ratio Accounts receivable Turnover Average number of days to collect accounts receivable Inventory Turnover Average number of days to sell inventory Number of days in the cash-to-cash operating cycle Based on this information evaluate the company's short-term liquidity? 2. For the most recent year provide the following: (6) Total assets Total liabilities Total Shareholders Equity Debt Ratio (calculation) - (Total liabilities/total assets = _%) Equity Ratio (calculation) - (Total stockholders' equity/total assets = _ %) Discuss briefly whether you think the company is heavily leveraged (Debt)? 3. For the most recent year provide the following: (8) Gross profit Gross profit ratio, rounded to one tenth of one percent Net income/loss Profit margin ratio, rounded to one tenth of one percent Earnings per share Net cash provided by operating activities What makes net earnings and net cash provided by operating activities different? Based on this information evaluate the company's profitability? 4. Provide the per share market price of the company's common stock on the following dates: (4) (It may be best to perform an internet search) End of two most recent fiscal years (which would be the Balance sheet dates) Current stock price (the date you complete the project) What is the trend in the company's stock price? What factors might be affecting the stock price? 5. Provide the following from the Report of Independent Accountants: (2) What firm audited the annual financial report? Is the audit report unqualified? 6. From the Notes to Financial Statements provide the following: (4) What method of inventory valuation does the company use (LIFO, FIFO, etc.)? What depreciation method does the company use? Describe one significant commitments or contingencies? 7. Read Managements' Discussion and Analysis of Financial Condition and Results of Operations? (5) Provide five management appraisal points of the most recent results of operations? 8. Based on all of the above information and analysis, would you consider investing in this company (why or why not)? Back your opinion with specific data from your analysis. Compare strengths and weaknesses of your company. Within this requirement, an introduction and conclusion should be provided. Do not just list the strengths and weaknesses. (6). Principles of Accounting.L- Project Objective The objective of this project is to provide you with a real world connection between the process of learning accounting and applying this knowledge to the use, and review of financial statements Corporate financial statements are important to a variety of extemal users (individuals or organizations) including potential investors (owners) and creditors lenders). Step 1 Get the information Select a United States Corporation that is publicly traded and must file reports with the Securities and Exchange Commission (SEC). Most large well known corporations will meet this criteria. The companies must sell a tangible product. Note: It cannot be a Bank, insurance company, or any other company that does not sell a tangible product Following contains detailed instructions to obtain the Most recent - Annual Report (from co website) or farm 10-K: Do Not print or download it, it is too many pages, save the URL Once you post it on Discussion Board, you and everyone in class will have access to it. To Copy/Paste Select the URL.press Curl (copy).go de Company Selection Forum of Discussion Board. Create a Thread, in the message box paste the URL. (Carl ). This is easier to use: www.sec.goveda searched company search The following is more cumbersome to use: Below are the step-by-step instructions to help you find and obtain a copy of your company's Form 10-K by using the SEC'S EDGAR system 1. Go to the SEC's home page at www.e. 2 Click on Search for Company Filings (listed under Filing & Forms (EDGAR). Click on first link Company or fundame, ticker symbol, CIK (Central index Key), file number state country, SIC (Standard Industrial Classification 3. Enter your company's name in the appropriate place and click Find Companies. I typed in BB&T (which is a company you cannot se) 4 Enter 10-k in Filing Type window click search. Find the latest version of your company's Form 10-K. (All publicly traded companies must file a Form 10-K annually so you will want to be sure you select the latest one.) Click on the appropriate link under the Document column. The URL for BB&T ist.sec.gov/Archissedar data: 2230,0001193125110 ZASIL. Provide the name of the company in the subject line and the URL in the message area within your Thread within the Company Selection Forum of Discussion Board ASAP Each student must select different corporations, so if you want to select a certain company it will be on a first come first served basis, so you may have to view other postings to verify your company has not already been selected by someone. Step 2 Analyze the information and complete the project Once you get the financial information for the company you are ready to begin the project The project involves getting and analyzing information from the annual report. The Information is included in various chapters of the Textbook A separate document is provided with questions requirements that you are to answer related to the financial statements, which is located in this same project folder within the Course Materials The project is due on the date listed on the topical outline of the syllabus, late tum in will result in an automatic reduction in points - NO Exceptions. ACCT 101 Principles of Accounting 1 - Project Sample 1. For the most recent year provide the following: (10) As of September 28, 2019 Current Assets 162.819 Current Liabilities 105,718 Working Capital 57,101 Current Ratio 1.5 to 1 Accounts receivable 14.84 times Turnover Average number of days to 32 days collect accounts receivable Inventory Tumover 40.1 times Average number of days to 8 days sell inventory Number of days in the cash- -74 days to-cash operating cycle . Based on this information evaluate the company's short-term liquidity? Based on this information, the current ratio of indicates liquidity, meaning that their capability of paying their short-term obligations is high, even if it is less than the 2:1 standard. 2. For the most recent year provide the following: (6) As of September 28, 2019 Total Assets 338,516 Total Liabilities 248,028 Discuss Total Shareholders' Equity 90,488 briefly Debt Ratio (Calculation) Total Liab./Total Asset = whether you think the 248,028/338,516 company is = 73.279 heavily Equity Ratio (Calculation) Total SE/Total Assets leveraged 90,488/338,516 = 26.73% (Debt)? I think the company is highly leveraged. When analyzing the debt ratio for the past two years, the percentage was above 70%. This indicates that the company relies on debt to fund their assets. Moreover, the equity ratio for the past two years has been lower than 50%, which indicates that the majority of the company's assets have been funded by debt. 3. For the most recent year provide the following: (8) Gross profit 2019 98,392 Gross profit ratio, rounded to one tenth of one percent 37.8% Net income loss 55,256 Profit margin ratio, rounded to one tenth of one percent 21.24% Earings per Share: Basic $11.97 Diluted $11.89 Net cash provided by operating activities 69,391 What makes net earnings and net cash provided by operating activities different? Net income is the company's profit over a specific period of time minus the expenses made in the same period of time. On the other hand, net cash provided by operating activities involves net income, non-cash items, and changes in working capital. . Based on this information evaluate the company's profitability? Based on the past two years, the profit margin slightly declined from 22.41% to 21.24% 4. Provide the per share market price of the company's common stock on the following dates: ((It may be best to perform an internet search) End of two most recent fiscal years (which would be the Balance sheet dates) Per Share Price As of September 30, 2019 As of October 1, 2018 End of 2 most recent fiscal S222.77 S224.29 years Current stock price (the date you complete the project) As of April 22, 2020 Current Stock Prices $276.10 What is the trend in the company's stock price? From 2018 to 2019, stock prices decreased $1.52. From 2019 to today's date. the stock prices increased by S54.16. What factors might be affecting the stock price? I believe the factors that affect the company's stock prices are its products sales, services, and technology advancement. Since the company has built and earned a well-recognized brand, consumers may and can be demanding, and may expect the company's products to be upgraded. Based on how Apple responds to its consumers' demands and expectations, its sales may increase or decrease. 5. Provide the following from the Report of Independent Accountants: (2) What firm audited the annual financial report? The annual financial report was audited by Ernst & Young LLP. Is the audit report unqualified? The yathai - wha aata are Thats at tayalan. - Madyalaliers - tats ute The Company is a variety and combate aha 7. He talent Amate pure to a pai | thaalaatter aatiyats - - wils - The , T welcogida.com willige Meme, hanthai illama . paatile la at an als ACCT 101 Principles of Accounting I - Project Questions to be answered for your Company - 50 total points NOTE: Include your answers exactly as they appear on the financial statements. If they are stated in millions/thousands, do not add zeros. Base points - Obtained all the information, submitted in a professional organized format. Attach your completed project to an email and send to your instructor before the deadline. Also, be sure you have included the URL to the Annual Report within Discussion Board as instructed early in the semester. - (5) 1. For the most recent year provide the following: (10) Current assets Current liabilities . Working capital Current ratio Accounts receivable Turnover Average number of days to collect accounts receivable Inventory Turnover Average number of days to sell inventory Number of days in the cash-to-cash operating cycle Based on this information evaluate the company's short-term liquidity? 2. For the most recent year provide the following: (6) Total assets Total liabilities Total Shareholders Equity Debt Ratio (calculation) - (Total liabilities/total assets = _%) Equity Ratio (calculation) - (Total stockholders' equity/total assets = _ %) Discuss briefly whether you think the company is heavily leveraged (Debt)? 3. For the most recent year provide the following: (8) Gross profit Gross profit ratio, rounded to one tenth of one percent Net income/loss Profit margin ratio, rounded to one tenth of one percent Earnings per share Net cash provided by operating activities What makes net earnings and net cash provided by operating activities different? Based on this information evaluate the company's profitability? 4. Provide the per share market price of the company's common stock on the following dates: (4) (It may be best to perform an internet search) End of two most recent fiscal years (which would be the Balance sheet dates) Current stock price (the date you complete the project) What is the trend in the company's stock price? What factors might be affecting the stock price? 5. Provide the following from the Report of Independent Accountants: (2) What firm audited the annual financial report? Is the audit report unqualified? 6. From the Notes to Financial Statements provide the following: (4) What method of inventory valuation does the company use (LIFO, FIFO, etc.)? What depreciation method does the company use? Describe one significant commitments or contingencies? 7. Read Managements' Discussion and Analysis of Financial Condition and Results of Operations? (5) Provide five management appraisal points of the most recent results of operations? 8. Based on all of the above information and analysis, would you consider investing in this company (why or why not)? Back your opinion with specific data from your analysis. Compare strengths and weaknesses of your company. Within this requirement, an introduction and conclusion should be provided. Do not just list the strengths and weaknesses. (6). Principles of Accounting.L- Project Objective The objective of this project is to provide you with a real world connection between the process of learning accounting and applying this knowledge to the use, and review of financial statements Corporate financial statements are important to a variety of extemal users (individuals or organizations) including potential investors (owners) and creditors lenders). Step 1 Get the information Select a United States Corporation that is publicly traded and must file reports with the Securities and Exchange Commission (SEC). Most large well known corporations will meet this criteria. The companies must sell a tangible product. Note: It cannot be a Bank, insurance company, or any other company that does not sell a tangible product Following contains detailed instructions to obtain the Most recent - Annual Report (from co website) or farm 10-K: Do Not print or download it, it is too many pages, save the URL Once you post it on Discussion Board, you and everyone in class will have access to it. To Copy/Paste Select the URL.press Curl (copy).go de Company Selection Forum of Discussion Board. Create a Thread, in the message box paste the URL. (Carl ). This is easier to use: www.sec.goveda searched company search The following is more cumbersome to use: Below are the step-by-step instructions to help you find and obtain a copy of your company's Form 10-K by using the SEC'S EDGAR system 1. Go to the SEC's home page at www.e. 2 Click on Search for Company Filings (listed under Filing & Forms (EDGAR). Click on first link Company or fundame, ticker symbol, CIK (Central index Key), file number state country, SIC (Standard Industrial Classification 3. Enter your company's name in the appropriate place and click Find Companies. I typed in BB&T (which is a company you cannot se) 4 Enter 10-k in Filing Type window click search. Find the latest version of your company's Form 10-K. (All publicly traded companies must file a Form 10-K annually so you will want to be sure you select the latest one.) Click on the appropriate link under the Document column. The URL for BB&T ist.sec.gov/Archissedar data: 2230,0001193125110 ZASIL. Provide the name of the company in the subject line and the URL in the message area within your Thread within the Company Selection Forum of Discussion Board ASAP Each student must select different corporations, so if you want to select a certain company it will be on a first come first served basis, so you may have to view other postings to verify your company has not already been selected by someone. Step 2 Analyze the information and complete the project Once you get the financial information for the company you are ready to begin the project The project involves getting and analyzing information from the annual report. The Information is included in various chapters of the Textbook A separate document is provided with questions requirements that you are to answer related to the financial statements, which is located in this same project folder within the Course Materials The project is due on the date listed on the topical outline of the syllabus, late tum in will result in an automatic reduction in points - NO Exceptions. ACCT 101 Principles of Accounting 1 - Project Sample 1. For the most recent year provide the following: (10) As of September 28, 2019 Current Assets 162.819 Current Liabilities 105,718 Working Capital 57,101 Current Ratio 1.5 to 1 Accounts receivable 14.84 times Turnover Average number of days to 32 days collect accounts receivable Inventory Tumover 40.1 times Average number of days to 8 days sell inventory Number of days in the cash- -74 days to-cash operating cycle . Based on this information evaluate the company's short-term liquidity? Based on this information, the current ratio of indicates liquidity, meaning that their capability of paying their short-term obligations is high, even if it is less than the 2:1 standard. 2. For the most recent year provide the following: (6) As of September 28, 2019 Total Assets 338,516 Total Liabilities 248,028 Discuss Total Shareholders' Equity 90,488 briefly Debt Ratio (Calculation) Total Liab./Total Asset = whether you think the 248,028/338,516 company is = 73.279 heavily Equity Ratio (Calculation) Total SE/Total Assets leveraged 90,488/338,516 = 26.73% (Debt)? I think the company is highly leveraged. When analyzing the debt ratio for the past two years, the percentage was above 70%. This indicates that the company relies on debt to fund their assets. Moreover, the equity ratio for the past two years has been lower than 50%, which indicates that the majority of the company's assets have been funded by debt. 3. For the most recent year provide the following: (8) Gross profit 2019 98,392 Gross profit ratio, rounded to one tenth of one percent 37.8% Net income loss 55,256 Profit margin ratio, rounded to one tenth of one percent 21.24% Earings per Share: Basic $11.97 Diluted $11.89 Net cash provided by operating activities 69,391 What makes net earnings and net cash provided by operating activities different? Net income is the company's profit over a specific period of time minus the expenses made in the same period of time. On the other hand, net cash provided by operating activities involves net income, non-cash items, and changes in working capital. . Based on this information evaluate the company's profitability? Based on the past two years, the profit margin slightly declined from 22.41% to 21.24% 4. Provide the per share market price of the company's common stock on the following dates: ((It may be best to perform an internet search) End of two most recent fiscal years (which would be the Balance sheet dates) Per Share Price As of September 30, 2019 As of October 1, 2018 End of 2 most recent fiscal S222.77 S224.29 years Current stock price (the date you complete the project) As of April 22, 2020 Current Stock Prices $276.10 What is the trend in the company's stock price? From 2018 to 2019, stock prices decreased $1.52. From 2019 to today's date. the stock prices increased by S54.16. What factors might be affecting the stock price? I believe the factors that affect the company's stock prices are its products sales, services, and technology advancement. Since the company has built and earned a well-recognized brand, consumers may and can be demanding, and may expect the company's products to be upgraded. Based on how Apple responds to its consumers' demands and expectations, its sales may increase or decrease. 5. Provide the following from the Report of Independent Accountants: (2) What firm audited the annual financial report? The annual financial report was audited by Ernst & Young LLP. Is the audit report unqualified? The yathai - wha aata are Thats at tayalan. - Madyalaliers - tats ute The Company is a variety and combate aha 7. He talent Amate pure to a pai | thaalaatter aatiyats - - wils - The , T welcogida.com willige Meme, hanthai illama . paatile la at an als