Choose a publicly traded company and perform an expanded analysis on the financial statements. Please use the most current 10K statements available on www.sec.gov https://www.sec.gov or annual statements in finance.yahoo.com https://finance.yahoo.com.
Part 1: Please complete the following for your chosen firm in an Excel spreadsheet:
1. Horizontal and vertical analysis of the Income Statements for the past three years (all yearly balances set as a percentage of total revenues for that year).
2. Horizontal and vertical analysis of the Balance Sheets for the past three years (all yearly balances set as a percentage of total assets for that year).
3. Ratio analysis (eight ratios of your choosing) for the past three years PLUS a measurement for the creditworthiness of your firm as measured by Altman's Z-score.
Part 2: The Paper:
5-6 pages in length.
Include a proper introduction and conclusion.
Your paper should provide your reader with an overall understanding of the financial health of your chosen firm including the following:
o Discussion of the ratio analysis results, including rationale for the ratios chosen.
o Discussion of all horizontal and vertical analysis.
o Discussion of four items from the management discussion of the firm that support the conclusion formed in your discussion of the financial results.