The Final Paper will involve applying the concepts learned in class to an analysis of a company using data from its annual report. Using the concepts from this course, you will analyze the strengths and weaknesses of the company and write a report either recommending or not recommending purchase of the company stock.

The completed report should include:

An introduction to the company, including background information.

A complete and thorough financial statement review.

Pro Forma financial statements (Balance Sheet and Income Statement) for the next fiscal year, assuming a 10 percent growth rate in sales and Cost of Goods Sold (COGS) for the next year.

Complete ratio analysis for the last fiscal year using at least two ratios from each of the following categories:

Liquidity

Financial leverage

Asset management

Profitability

Market value

Debt

Per-Share

Measures of relative value (P/E, P/B)

Activity

Cash Flow

A calculation of Return on Equity (ROE) using the DuPont system.

Assessment of management performance by calculating Economic Value Added (EVA).

A synopsis of your findings, including your recommendations and rationale for whether or not to purchase stock from this company.

Evaluate the financial risks associated with operating internationally. If your chosen company does not operate internationally, evaluate what the financial risks could be if they were to expand internationally.

						Ratios
Profitability Ratios		12/31/2015
	ROA % (Net)	5.48	>
	ROE % (Net)	13.03	>
	ROI % (Operating)	10.75	>
	EBITDA Margin %	36.31	>
	Calculated Tax Rate %	19.08	>
	Revenue per Employee	740,690	>
Liquidity Ratios		12/31/2015
	Quick Ratio	2.98	>
	Current Ratio	3.49	>
	Net Current Assets % TA	31.72	>
Debt Management		12/31/2015
	LT Debt to Equity	1.03	>
	Total Debt to Equity	1.03	>
	Interest Coverage	37.24	>
Asset Management		12/31/2015
	Total Asset Turnover	0.27	>
	Receivables Turnover	1.1	>
	Accounts Payable Turnover	22.91	>
	Property Plant & Equip Turnover	3.86	>
	Cash & Equivalents Turnover	2.11	>
Per Share		12/31/2015
	Cash Flow per Share	3.34	>
	Book Value per Share	5.55	>

						Analysis
	12/31/2015
Item	USD
Revenues	8,592,000,000
Direct Costs	1,771,000,000
Gross Profit	6,821,000,000
Taxation	459,000,000
Net Income	1,725,000,000
EPS Continuing Basic	1.61
EPS Net Basic	1.43
EPS Continuing Diluted	1.6
EPS Net Diluted	1.42
					Balance Sheet

					Balance Sheet
	12/31/2015
Item	USD
Cash & Equivalents	1,832,000,000
Receivables (ST)	619,000,000
Current Assets	7,904,000,000
Long Term Investments	3,391,000,000
Net Property Plant & Equip	1,554,000,000
Total Assets	17,785,000,000
Accounts Payable	349,000,000
Current Liabilities	2,263,000,000
LT Debt & Leases	6,779,000,000
Total Liabilities	11,209,000,000
Common Share Capital	2,000,000
Total Equity	6,576,000,000

					Income Statement
	12/31/2015
tem	USD
Revenues	8,592,000,000
Direct Costs	1,771,000,000
Gross Profit	6,821,000,000
Taxation	459,000,000
Net Income	1,725,000,000
EPS Continuing Basic	1.61
EPS Net Basic	1.43
EPS Continuing Diluted	1.6
EPS Net Diluted	1.42

Business Summary eBay Inc. is a global technology company. Co. connect buyers and sellers around the world. The technologies and services that power its platforms are designed to enable sellers to organize and provide their inventory for sale and buyers to find and buy it virtually anytime and anywhere. Co.'s Marketplace platforms include its online marketplace located at www.ebay.com, its localized counterparts and the eBay mobile apps. Co.'s StubHub platforms include its online ticket platform located at www.stubhub.com and the StubHub mobile apps. Co.'s Classifieds platforms include a collection of brands such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Classifieds and others. Pricing Summary Time Period 1 week Key Executives Thomas Tierney Age Salary NonExecutive Chairman 61 28,000 Devin Wenig Age Salary President,Chief Executive Officer,Division Officer 48 942,308 Scott Schenkel Age Salary Senior Vice President,Chief Financial Officer,Subsidiary Officer 47 621,154 Marie Huber Age Salary Senior Vice President,Secretary,General Counsel 53 389,462 Stephen Fisher Age Salary Senior Vice President,Chief Technology Officer 51 625,000 Key Financials (In USD as of 06/30/2016) Income Statement Revenue 8,788m Net Income 1,933m Address: 2065 Hamilton Avenue,San Jose, CA 95125 United States | Phone: 408 3767400 | Company Website: www.ebay.com Synopsis Highlights History Business Property Subsidiaries Long Term Debt Capital Stock Business Segments Download Printer Friendly My Mergent Tools Log Out | Administration | Contact Us | Help version 2.00 10/7/2016, 2:41:29 PM 10/7/2016 Mergent Online Company Detail : eBay Inc. http://www.mergentonline.com.proxylibrary.ashford.edu/companydetail.php?compnumber=95547&pagetype=synopsis 2/3 Yesterday 5 Days 30 Days Yesterday 5 Days 30 Days Close 32.13 32.90 32.51 Volume 5,676,706.00 N/A 9,422,639.00 52 Week High/Low : 32.90 22.01 % Price Change (100 Days) : 37.84 200Day Moving Avg. : 27.14 Company News Corporate Events 9:32AM, 7 October 2016 Internet Retailer : Ecommerce Platforms Magento gains ground Internet Retailer 9:30AM, 7 October 2016 Magento gains ground Internet Retailer 9:05AM, 7 October 2016 SellerActive Partners with eBay to Offer The Seller Growth Program PRWeb 7:55PM, 6 October 2016 eBay Buys Corrigon Inc To Improve Visual Search Experiences Android Headlines 3:32PM, 6 October 2016 eBay Acquires Visual Search Startup Corrigon QuadCity Times 1:57PM, 6 October 2016 eBay to Purchase Israeli Startup for $30 Million Algemeiner 10:25AM, 6 October 2016 eBay hops on the computer vision bandwagon with Corrigon acquisition SiliconANGLE 7:19AM, 6 October 2016 Airbnb's San Francisco Showdown May Set Rules for Gig Economy Bloomberg Business 5:19PM, 5 October 2016 eBay (EBAY) to Acquire EPS from Continuing Operations 1.69 EPS Net Income Diluted 1.65 Revenue per Share 7.68 Balance Sheet Total Assets 19,993m Total Liabilities 13,540m Shareholders' Equity 6,453m Total Assets per Share 17.66 Net Assets per Share 5.70 Cash Flows Cash from Operations 3,130m Cash from Investing 3,164m Cash from Financing 2,891m Capital Expenditures 253m Cash Flow per Share 2.72

Yesterday 5 Days 30 Days Yesterday 5 Days 30 Days Close 32.13 32.90 32.51 Volume 5,676,706.00 N/A 9,422,639.00 52 Week High/Low : 32.90 22.01 % Price Change (100 Days) : 37.84 200Day Moving Avg. : 27.14

Incorporated: September 1995 , CA, United States Reincorporated: April 1998 , DE, United States IRS Number: 770430924 CUSIP: 27864210 Auditor: PricewaterhouseCoopers LLP Legal Counsel: Fenwick & West LLP Transfer Agent: Computershare Shareowner Services, Pittsburgh, PA Country: United States Sector: Internet & Software Industry: Misc. general merchandise stores (SIC 5399) Industry: All Other General Merchandise Stores (NAICS 452990) Number of Employees: 11,600 (Approximate FullTime as of 12/31/2015) Number of Shareholders: 3,945 (approx.) (as of 01/27/2016) Market Cap: 36,275,380,470 Revenue: 8,788,000,000 Net Income: 1,933,000,000 EPS Basic: 1.65 EPS Diluted: 1.65 PE Ratio: 23.9776

This is all the information on Ebay Inc I have done the introduction already just need help wth financials