Identify two most significant asset account on balance sheet


Assignment

Select a publicly traded (public for at least three years) company of your choice and analyze its balance sheet, income statement, and statement of cash flows using 10-K filing information from the following websites:

i. SEC.GOV website
ii. Mergent Online Database
iii. Learn about the Mergent Online Database and how to access financial data, 10-Ks, 10-Qs, and other filings by watching this video

Write a 3 to 4 pages business report on the following topics:

I. Summarize the company background, management, and discussion sections.

II. Analyze at least five of the company's significant accounting policies.

III. Identify the two most significant asset accounts on the balance sheet. Explain why you believe these accounts are significant.

IV. Identify the two most significant liability accounts on the balance sheet. Explain why you believe these accounts are significant.

V. Identify the two most significant equity accounts on the balance sheet. Explain why you believe these accounts are significant.

VI. Calculate at least two of each of the following ratios:

i. Liquidity ratios
ii. Leverage/debt related ratios
iii. Turnover ratios
iv. Efficiency ratios
v. Profitability ratios
vi. Market value ratios

• Using the calculated ratios, analyze the company's financial position, profitability, and effectiveness.

• Analyze the company's statement of cash flows and critique the company's use of cash by evaluating significant areas of the cash from operating, investing, and financing sections of the statement.

• Present your conclusion on company's financial health based on findings from above.

Format your assignment according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Financial Accounting: Identify two most significant asset account on balance sheet
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