Accounting Project Acctg 1A Due 12/18 30 points possible - 10 points extra for a presentation to the class You determine the format. I would like you...

1. Choose a company that interests you and is a public company.

That means they trade their stock on a major stock exchange to

anyone.

2. Go to the company website to get the full financial information.

Or just google the company name and 10K. The 10K or the

earnings release at the fiscal year end has the financial results.

YOU MUST USE A FULL YEAR INCOME STATEMENT.

3. Print out the Income statement, balance sheet. If you want to

know what the company says about its financial results read the

latest financial statement released by the company.

4. Do a Horizontal analysis of the Income Statement and Balance

Sheet and a Vertical analysis of the Income Statement. Use

either a Quarter vs. Quarter or Year vs Year.

5. Analyze the company results including the following: (For this,

you will need to find the last full year of financial results. It

might be a year ended a while back)

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What does the company do? What do they sell?

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What is the par value of their stock? Where are they

incorporated?

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How does their product compare to their competitors?

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Who else is in this business? Who are the competitors?

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What is their current ratio? What was it a year ago? Or

last period?

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Debt ratio?

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Quick ratio (to be discussed in class)

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How much cash do they have? How much cash a year

ago?

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If cash is lower, can you tell where it went?

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Did they have positive net income? A year ago? What

changed from a year ago?

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What is their days sales outstanding? Average Days to

Collect or DSO

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What is their Gross Profit? %?

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Do they have inventory? Do they use FIFO. LIFO or AVG?

You can get this info from the 10K.

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What were the inventory turns?