ACC 290 Week 4 Learning Team Financial
Reporting Problem Part I
ACC 290 Week 4 Learning Team Financial Reporting Problem Part I
Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:
· What are the company’s total assets at the end of its most recent annual reporting period? Why is this important?
· What are the total assets at the end of the previous annual reporting period?
· How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?
· What amount of accounts payable did the company have at the end of its most recent annual reporting period?
· What amount of accounts payable did the company have at the end of the previous annual reporting period?
· What are the company’s net revenues for the last three annual reporting periods?
· What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?
· What are the company’s total current assets at the end of its most recent annual reporting period?
· What are the total current assets at the end of the previous annual reporting period?
· What in the information above would be important to a potential investor, employee, and so on?
Summarize the analysis in a 1,050-1,400 word paper in a Microsoft® Word document. Include a copy of the company’s balance sheet and income statement. Format your paper consistent with APA guidelines.
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