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you should find company from www.sec.gov and I want to find morgan stanley financial statement. please help me to do this homework. thank you Management
you should find company from www.sec.gov and I want to find morgan stanley financial statement. please help me to do this homework. thank you
Management 181 Case Study #1 Spread the Financials 1) Choose any company which is publicly traded and has publicly disclosed financial statements other than Facebook. 2) Prepare a financial analysis, spreading the financial statements, on an excel spreadsheet in a similar manner as done in class. (Facebook example) Requirements a) 3 years of annual balance sheet and income statement b) Utilize the categories and format of the financial statements issued by the company c) Calculate the percentage changes from year to year for each balance sheet and income statement item d) In the income statement for each year calculate the percentage of sales for each item - Sales = 100% e) Calculate the current ratio, debt to equity ratio and interest coverage ratio for each year 3) Provide a written analysis of the major trends in the balance sheet, (changes in A/R, inventory, LTD, shareholders' equity), income statement (sales, cost of goods sold, S,G&A, net income) and financial ratios. 4) What do you think about the financial condition of your chosen company? Grading a) If you copy and paste the financial statements you will receive 80 b) If you fail to provide a written analysis, no more than one page, of the financials then you will receive 80. c) If you fail to provide a written opinion as to the financial condition of your company then you will receive 80. Question 4 The company has a poor financial condition as it can be exhibited by the analysis. It can be noted that the company generated a loss at some point in time. Additionally, it has a high debt rate as it can be exhibited by high debt ratio of the company. This shows that the company has a high financial leverage and this shows that is trading on a dangerous track. The high leverage is an indication of high insolvency rate and this can lead to liquidation of the firm due to inability it to meet its debts. Furthermore, the company is not in a position to pay its expense payments as illustrated by a negative interest coverage ratio. Question 4 The company has a poor financial condition as it can be exhibited by the analysis. It can be noted that the company generated a loss at some point in time. Additionally, it has a high debt rate as it can be exhibited by high debt ratio of the company. This shows that the company has a high financial leverage and this shows that is trading on a dangerous track. The high leverage is an indication of high insolvency rate and this can lead to liquidation of the firm due to inability it to meet its debts. Furthermore, the company is not in a position to pay its expense payments as illustrated by a negative interest coverage ratioStep by Step Solution
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