Using the project #1 that I attached , follow the second part of the project that I attached too

Daniel Arrieche Project Part I Anadarko Petroleum Corporation Industry: Petroleum Industry. Products: Petroleum, natural gas, natural gas liquids. Type: Public Company. Traded as: New York Exchange / APC Headquarters: Allison Tower, The America. CEO, Chairman and President: R.A. Walker. Most recent annual report: 2016 Accounting principles used for preparation of the Products: Petroleum and natural gas. Type: Public Company. Traded as: Toronto Stock Exchange / PREC Headquarters: 333 Bay Street, Suite 1100, Toronto, Ontario, M5H 2r2 CEO: Barry B. Larson. Most recent annual report: June 30, 2017 and 2016 Accounting principles used for preparation Interin statements: US GAAP, Part II, Item Analysis of Financial Condition and Results of Operations Frontera Energy Corporation (formerly Pacific Exploration & Production Corporation) Industry: Petroleum Industry. of the financial statements: IFRS. Notes to the financial 7 Management's Discussion and Stock Exchange / PRE and Colombia Stock Woodlands, Texas, United States of Condensed Financial Statements. Currency Used: USD. Consolidated Class Project Survey of Accounting Fall 2017 Due on, or preferably before, November 17, 2017 Part I Feedback If your Part I submission contained errors that you haven't corrected, please see me before continuing with the project. I replied to your email if there was an error. For example, some people chose Fortune 300 companies, in spite of the clear instructions in Part I not to choose companies in the Fortune top 300. If you did not email me a correction by the required date, your project, when approved, will be graded out of 50% of the available score. Part II (Be professional. Proofread your work and make it understandable to a non-accountant reader. Consider having someone who is not in the class read and comment on it. Points will be lost for spelling errors and poor presentation and gained for good layout.) Scenario: I have hired you as an investment analyst to help me make a decision as to which of the two companies I should invest in. Working with the two companies you selected in Part I, analyze their latest annual reports and compare their financial performance. 1. What kind of opinion did the auditor give of each company's financial statements? Quote the paragraph from the annual report that expresses that opinion' 2. Identify two indicators, from those discussed in chapter 10 of your textbook that you can use to compare the two companies' performance. Use one of the ratios to compare the two companies' profitability. The other should compare their liquidity or solvency. Show your calculations and explain and comment on the results. You should only use financial ratios derived from the four main financial statements for your analysis. Don't use market share, new product development announcements, or other non-financial announcements or disclosures. Don't use non-financial information from the body of the annual report or non-GAAP measures. Make sure your data comes from the company's original audited financial statements available on the company's own website. 3. Provide an investment recommendation (i.e. which is the better investment) for a conservative investor looking for an income-producing investment for their forthcoming retirement. Give the reasons for your recommendation. Make sure you compare the two companies' performance in your analysis. (I need income. It's too late for me to enjoy capital gains. Make sure you understand the difference.) 4. Report the value today of a $100,000 investment, if we had invested in the stock of each company, exactly one year ago. Remember to include any dividends the company paid during the last year and factor in any exchange rate gains or losses over the last year. 5. Assess the overseas company's Quality of Earnings as described in Chapter 10 of the Breitner text. Explain, in words understandable to a non-accountant, how you came to your assessment and what numbers you used. Identify any of the quality related \"red flags\" discussed in the text. 1 6. From reading the US company's annual report, discuss the \"Risk Factors\" identified in the Management's Discussion and Analysis section of the report. (This section is sometimes called the \"Financial Review\" or a similar name. It's where management discusses the company's performance and usually comes before the financial statements There is no standard format for your report. Write it in the way you think a professional analyst would prepare it. Please deliver the MS Word document to me by attachment to an email, with another copy of your Part 1 submission, in the form of a professional analyst's report. The email should be dated on or before November 17, 2017. I will add a bonus of 1% per day to your project score for each day earlier than the due date I receive your project. For example, if you submit your finished project on November 10, seven days before the due date, I will increase the score based on my grading rubric by 7%. Submissions up to one week late will be graded at 50% of the available points, unless Part I was also submitted late. In that case, and for all later submissions, the project will receive a zero grade. Just in case something unexpected happens to delay your project submission, aim to complete it early, not at the last minute. If you leave it to the last minute and you miss it for any reason, I will tell you that you shouldn't have left it until the last minute. 2