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This is a simple and not to hard project please read the attach file THE ANNUAL REPORT PROJECT ACCT2301 Web Course ALL STUDENTS MUST REPORT
This is a simple and not to hard project please read the attach file
THE ANNUAL REPORT PROJECT ACCT2301 Web Course ALL STUDENTS MUST REPORT ON THE CORPORATION LISTED BELOW. A REPORT ON ANY OTHER COMPANY WILL NOT RECEIVE A GRADE. Instructions Access the most recent audited annual report (FISCAL YEAR ENDED January 31, 2016) of: HOME DEPOT, INC. (Home Depot's Web Site; Investor Relations; Financial Reports; SEC Filings; 3/24/2016 10-K) (Please use List/Bullet format whenever possible.) A. Introduction (10 Points) Identify the company by providing a summary that includes the following elements - 1. 2. 3. 4. Name of the chief executive officer. Home office. Ending date of latest fiscal year. Description of the principal products or services that the company provides. 5. Name of the company's independent accountants (auditors). 6. In your own words, what did the accountants say about the company's financial statements? 7. What was the closing market price of the company's stock within two weeks of the due date of the final exam? 8. What was the dividend per share for the year? 9. On which exchange is the company traded? 10. What is its ticker symbol? B. Ratio Analysis (20 Points) 1 Calculate the following ratios for the most recent year. VERY IMPORTANT: Show your work. Show all the numbers from the audited financial statements used to calculate the ratios. I cannot grade the ratio section if the source numbers used for your computations are missing. (EXAMPLE: Current Ratio = Current Assets/Current Liabilities = 16,993/12,526 = 1.36) Reference the location of any number not shown on the face of the four financial statements. See Chapter 12 of your textbook for formulas. Tests of Liquidity 1. 2. Current ratio Quick ratio (Acid Test) Asset Management 3. Inventory turnover Tests of Solvency and Equity Position 4. Debt ratio Tests of Profitability 5. 6. 7. 8. Return on Net Sales (Net Income Percentage) Return on Total Assets (Return on *average total investment) Return on Common Stockholders' Equity (Return on *average owners' investment) Earnings per share of Common Stock (Basic) Market Analysis 9. 10. Price/earnings ratio Dividend yield ratio *(End of Current Year + End of Previous Year) / 2 C. Conclusion (20 Points) Would you invest in this company by buying its common stock? Fully justify your recommendation. Use all the ratios calculated above that support your decision. Compare your company to industry averages by either using Reuters.com (once at the 2 site, pull down New & Markets, click Stocks, input your ticker symbol at Stocks, click Financials for comparisons), or other services providing such information. Footnote sources other than ratios calculated above. Substantive financial analysis is required to receive full credit for this section. This must be a minimum of one page long. Please submit as .doc, .docx or .pdf file if an attachment. Otherwise, please copy/paste the report into the body of your email. Submit by 9:00 p.m. of the due date to the Project Assignment on Canvas. (Please see the Course Calendar for the Due Date.) 3Step by Step Solution
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