Select a company from the following list of companies headquartered in California or Minnesota. Develop and apply financial statement analysis skills.
Select a company from the following list of companies headquartered in California or Minnesota. Develop and apply financial statement analysis skills.
December 11, 2023 Comments Off on Select a company from the following list of companies headquartered in California or Minnesota. Develop and apply financial statement analysis skills. best service, Economics, Finance and Investment, Professional Service Assignment-helpAssignment Question
Download annual reports Select a company from the following list of companies headquartered in California or Minnesota. 3M Activision Blizzard Best Buy Cisco Systems Disney General Mills Ross Stores Download the annual reports from the company’s website (usually under investors relations) or www.sec.govLinks to an external site..
II. Answer questions
From the annual reports of the firm of interest, find out the following information (if it is disclosed). Identify the auditor; Identify (1) the largest asset and liability and (2) the asset and liability that experience the largest changes; Identify (1) the largest expense and (2) the expense that experiences the largest increase; Cash flow from operations, cash flow from investing, and cash flow from financing. What does the cash flow pattern indicate regarding the firm’s growth stage? The amount of allowance for doubtful account at the end of the most recent year and the percentage of gross accounts receivable that the company does not expect to collect; Inventory costing method for the most recent fiscal year; Depreciation method and depreciation expense for the most recent fiscal year; The amount of cash paid for acquiring long-lived assets; The amount of gain or loss from sale of long-lived assets, if there is any; The amount of cash received from selling long-lived assets, if there is any; Did the company issue bond in the most recent year? If yes, how much did they raise from issuing bond? Did the company have bonds outstanding? Did the company issue stocks in the most recent year? If yes, how much did they raise from issuing stock? Did the company pay dividends? If so, how much cash did the company pay?
III: Financial Statement Analysis Compute the ratios for fiscal 2021-2022. Price/Earnings Ratio Current Ratio Quick Ratio Total Assets Turnover Ratio Receivable Turnover Ratio Inventory Turnover Ratio Fixed Asset Turnover Ratio Financial Leverage Ratio Return on assets Return on equity Net Profit Margin Primary (Basic) earnings per share 2. Select a major competitor of the company from the same industry. Download its annual report from www.sec.govLinks to an external site.. Compute the above financial ratios for fiscal 2021-2022. 3. Perform the ROE decomposition analysis for both the company and its competitor for 2021-2022. 4. Assess the company’s financial status based on the ratios and write a short report (no more than 2 pages long).