Company A's 2015 balance sheet shows total assets of $2.4 billion including $845.9 million in cash and inventory of $340.4 million. Total liabilities were $1.7 billion including current liabilities of $675.2 million. Stockholders' equity was $667.1 million. The company reported a net loss of $74 million on revenues of $2 billion.
Company A 2015 Balance SheetCompany A Name & Stock SymbolTip F2 k.docx
1. Company A 2015 Balance SheetCompany A Name & Stock
SymbolTip: F2 key let's you easily edit cell data.Exchange rate
used is that of the Year End reported date See Ratios on 2017
Balance Sheet (Students: Let your instructor know where
your ratios are located if it's not on the first tab.)As Reported
Annual Balance Sheet Students: It's also acceptable to put three
years' of data on one tab.Report
Date12/31/15CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsCash & cash
equivalents845,889Restricted cash & marketable securities-
Restricted cash3,012Accounts receivable49,109Raw
materials184,665Work in process42,500Finished
goods69,324Service parts43,866Inventory340,355Prepaid
expenses & other current assets27,574Total current
assets1,265,939Operating lease vehicles, net382,425Machinery,
equipment & office furniture322,394Tooling230,385Leasehold
improvements94,763Building & building
improvements67,707Land45,020Computer equipment &
software42,073Construction in progress76,294Property &
equipment, gross878,636Less: accumulated depreciation &
amortization140,142Property & equipment,
net738,494Restricted cash6,435Emission credits13,930Debt
issuance costs, net7,315Other assets2,392Other
assets23,637Other assets-Total assets2,416,930Accounts
payable303,969Accrued warranty, current portion19,917Build
to suit finance obligation, current portion-Accrued interest-
Environmental liabilities, current portion2,132Other accrued
expenses2,578Taxes payable38,067Accrued
purchases19,023Payroll & related costs26,535Warranty & other
accrued expenses-Accrued liabilities108,252Deferred
revenue91,882Resale value guarantee-Capital lease obligations,
current portion7,722Customer deposits163,153Convertible debt,
current portion182Long term debt & capital leases-Total current
liabilities675,160Deferred revenue181,180Long term debt &
2. capital leases-Resale value guarantee236,299Capital lease
obligations, less current portion12,855Convertible debt, less
current portion586,119Accrued warranty, less current
portion33,265Deferred rent liability9,886Deferred tax
liabilities6,821Environmental liabilities, less current
portion3,364Other long-term liabilities4,861Other long-term
liabilities-Other long-term liabilities-Convertible senior notes-
Total liabilities1,749,810Common stock123Additional paid-in
capital1,806,617Accumulated other comprehensive income
(loss)-Data quality check:Retained earnings (accumulated
deficit)-1,139,620Assets =Liabilities + EquityTotal
stockholders' equity
(deficit)667,1202,416,9302,416,930Reference
(example)Mergent Online. (2018). Company A Retrieved
January 21, 2018 from: (link to financial statement here)
Company A 2016 Balance SheetCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Balance Sheet Report
Date12/31/16CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsCash & cash
equivalents1,905,713Restricted cash & marketable
securities17,947Restricted cash-Accounts
receivable226,604Raw materials392,292Work in
process56,114Finished goods397,318Service
parts107,951Inventory953,675Prepaid expenses & other current
assets94,718Total current assets3,198,657Operating lease
vehicles, net766,744Machinery, equipment & office
furniture720,746Tooling295,906Leasehold
improvements230,270Building & building
improvements154,362Land49,478Computer equipment &
software98,970Construction in progress572,125Property &
equipment, gross2,121,857Less: accumulated depreciation &
amortization292,590Property & equipment,
net1,829,267Restricted cash11,374Emission credits-Debt
issuance costs, net-Other assets-Other assets-Other
assets43,209Total assets5,849,251Accounts
3. payable777,946Accrued warranty, current portion32,321Build
to suit finance obligation, current portion21,030Accrued
interest7,222Environmental liabilities, current
portion3,573Other accrued expenses10,470Taxes
payable71,229Accrued purchases68,547Payroll & related
costs54,492Warranty & other accrued expenses-Accrued
liabilities268,884Deferred revenue191,651Resale value
guarantee-Capital lease obligations, current
portion9,532Customer deposits257,587Convertible debt, current
portion601,566Long term debt & capital leases-Total current
liabilities2,107,166Deferred revenue292,271Long term debt &
capital leases-Resale value guarantee487,879Capital lease
obligations, less current portion12,267Convertible debt, less
current portion1,806,518Accrued warranty, less current portion-
Deferred rent liability-Deferred tax liabilities-Environmental
liabilities, less current portion-Other long-term liabilities-Other
long-term liabilities-Other long-term
liabilities173,244Convertible senior notes58,196Total
liabilities4,937,541Common stock126Additional paid-in
capital2,345,266Accumulated other comprehensive income
(loss)-Data quality check:Retained earnings (accumulated
deficit)-1,433,682Assets =Liabilities + EquityTotal
stockholders' equity
(deficit)911,7105,849,2515,849,251Reference
(example)Mergent Online. (2018). Company A Retrieved
January 21, 2018 from: (link to financial statement here)
Company A 2017 Balance SheetCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Balance Sheet Report
Date12/31/17CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsCash & cash
equivalents1,196,908RatiosIndustry Average (Students: include
a reference for this data too)Restricted cash & marketable
securities22,628201720162015Restricted cash-Accounts
receivable168,965Current Ratio0.991.521.88Raw
materials528,935Debt / Equity Ratio6.435.422.62109.19Work in
4. process163,830Free Cash Flow (000)-$2,159,349-$1,027,222-
$6,230Finished goods476,512Earnings per Share$ (6.93)$
(2.36)$ (0.62)1.63Service parts108,561Price / earnings ratio-
34.62-94.20-242.7213.00Inventory1,277,838Return on Equity-
81.61%-32.25%-11.09%12.40%Prepaid expenses & other
current assets125,229Net profit margin -21.96%-9.19%-
3.68%5.00%Total current assets2,791,568Stock DataOperating
lease vehicles, net1,791,403Number of Shares
Outstanding131,425125,688123,091Machinery, equipment &
office furniture1,694,910Closing Price Last Business Day in
December240.01222.41150.43Tooling550,902Leasehold
improvements338,392Building & building
improvements461,303Land60,234Computer equipment &
software175,512Construction in progress693,207Property &
equipment, gross3,974,460Less: accumulated depreciation &
amortization571,126Property & equipment,
net3,403,334Restricted cash31,522Emission credits-Debt
issuance costs, net-Other assets-Other assets-Other
assets74,633Total assets8,092,460Accounts
payable916,148Accrued warranty, current portion-Build to suit
finance obligation, current portion-Accrued interest-
Environmental liabilities, current portion-Other accrued
expenses-Taxes payable101,206Accrued
purchases140,540Payroll & related costs86,859Warranty &
other accrued expenses94,193Accrued
liabilities422,798Deferred revenue423,961Resale value
guarantee136,831Capital lease obligations, current portion-
Customer deposits283,370Convertible debt, current portion-
Long term debt & capital leases633,166Total current
liabilities2,816,274Deferred revenue446,105Long term debt &
capital leases2,040,375Resale value guarantee1,293,741Capital
lease obligations, less current portion-Convertible debt, less
current portion-Accrued warranty, less current portion-Deferred
rent liability-Deferred tax liabilities-Environmental liabilities,
less current portion-Other long-term liabilities-Other long-term
liabilities-Other long-term liabilities364,976Convertible senior
5. notes42,045Total liabilities7,003,516Common
stock131Additional paid-in capital3,414,692Accumulated other
comprehensive income (loss)-3,556Data quality check:Retained
earnings (accumulated deficit)-2,322,323Assets =Liabilities +
EquityTotal stockholders' equity
(deficit)1,088,9448,092,4608,092,460References
(example)Mergent Online. (2018). Company A Retrieved
January 21, 2018 from: (link to financial statement
here)Industry Averages. (2018). Industry: Example Only -
Major. Retrieved February 11, 2018 from: (link to industry
averages here)
Company A 2015 Income StatementCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Income Statement Report
Date12/31/15CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsDevelopment
services15,710Automotive sales1,997,786Services & other
revenues-Total revenues2,013,496Development
services13,356Automotive sales1,543,878Services & other cost
of revenues-Total cost of revenues1,557,234Gross profit
(loss)456,262Research & development231,976Selling, general
& administrative285,569Total operating
expenses517,545Income (loss) from operations-61,283Interest
income189Interest expense32,934Other income (expense),
net22,602Income (loss) before income taxes - domestic-
75,279Income (loss) before income taxes -
international3,853Income (loss) before income taxes-
71,426Current state income taxes (benefit)178Current foreign
income taxes (benefit)2,349Current income taxes
(benefit)2,527Deferred foreign income taxes
(benefit)61Deferred income taxes (benefit)61Provision for
income taxes (benefit)2,588Net income (loss)-74,014Weighted
average shares outstanding-basic119,421Weighted average
shares outstanding-diluted119,421Year end shares
outstanding123,091Net income (loss) per share - basic-1Net
income (loss) per share - diluted-1Number of full time
6. employees5,859Number of common stockholders699Foreign
currency translation adjustments-Reference (example)Mergent
Online. (2018). Company A Retrieved January 21, 2018 from:
(link to financial statement here)
Company A 2016 Income StatementCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Income Statement Report
Date12/31/16CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsDevelopment
services5,633Automotive sales3,192,723Services & other
revenues-Total revenues3,198,356Development
services6,674Automotive sales2,310,011Services & other cost
of revenues-Total cost of revenues2,316,685Gross profit
(loss)881,671Research & development464,700Selling, general
& administrative603,660Total operating
expenses1,068,360Income (loss) from operations-
186,689Interest income1,126Interest expense100,886Other
income (expense), net1,813Income (loss) before income taxes -
domestic-60,451Income (loss) before income taxes -
international-224,185Income (loss) before income taxes-
284,636Current state income taxes (benefit)257Current foreign
income taxes (benefit)9,203Current income taxes
(benefit)9,460Deferred foreign income taxes (benefit)-
56Deferred income taxes (benefit)-56Provision for income taxes
(benefit)9,404Net income (loss)-294,040Weighted average
shares outstanding-basic124,539Weighted average shares
outstanding-diluted124,539Year end shares
outstanding125,688Net income (loss) per share - basic-2Net
income (loss) per share - diluted-2Number of full time
employees10,161Number of common stockholders769Foreign
currency translation adjustments-Reference (example)Mergent
Online. (2018). Company A Retrieved January 21, 2018 from:
(link to financial statement here)
Company A 2017 Income StatementCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Income Statement Report
7. Date12/31/17CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsDevelopment
services-Automotive sales3,740,973Services & other
revenues305,052Total revenues4,046,025Development services-
Automotive sales2,823,302Services & other cost of
revenues299,220Total cost of revenues3,122,522Gross profit
(loss)923,503Research & development717,900Selling, general
& administrative922,232Total operating
expenses1,640,132Income (loss) from operations-
716,629Interest income1,508Interest expense118,851Other
income (expense), net-41,652Income (loss) before income taxes
- domestic-415,694Income (loss) before income taxes -
international-459,930Income (loss) before income taxes-
875,624Current state income taxes (benefit)525Current foreign
income taxes (benefit)10,342Current income taxes
(benefit)10,867Deferred foreign income taxes
(benefit)2,172Deferred income taxes (benefit)2,172Provision
for income taxes (benefit)13,039Net income (loss)-
888,663Weighted average shares outstanding-
basic128,202Weighted average shares outstanding-
diluted128,202Year end shares outstanding131,425Net income
(loss) per share - basic-7Net income (loss) per share - diluted-
7Number of full time employees13,058Number of common
stockholders836Foreign currency translation adjustments-
10,999Reference (example)Mergent Online. (2018). Company A
Retrieved January 21, 2018 from: (link to financial statement
here)
Company A 2015 Cash FlowCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Cash Flow Report
Date12/31/15CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsNet income (loss)-
74,014Depreciation & amortization106,083Stock-based
compensation80,737Amortization of discount on convertible
debt9,143Inventory write-downs8,918Write-off of Department
of Energy (DOE) loan origination costs5,558Change in fair
8. value of DOE warrant liability-10,692Fixed asset disposal-
Other non-cash operating activities3,611Foreign currency
transaction loss (gain)3,655Account receivables-
21,917Inventories & operating lease vehicles-463,270Prepaid
expenses & other current assets-17,466Other assets-
342Accounts payable-243Accrued liabilities66,567Accounts
payable & accrued expenses-Deferred revenue268,153Customer
deposits24,243Resale value guarantee236,299Other long-term
liabilities32,971Net cash flows from operating
activities257,994Purchases of property & equipment excluding
capital leases-264,224Withdrawals out of (transfers into) our
dedicated Department of Energy account, net14,752Decrease
(increase) in restricted cash55Purchase of short-term marketable
securities-Maturities of short-term marketable securities-
Business acquisition-Net cash flows from investing activities-
249,417Proceeds from issuance of convertible
debt660,000Proceeds from issuance of convertible debt & other
debt-Proceeds from issuance of common stock in
public360,000Proceeds from issuance of
warrants120,318Proceeds from exercise of stock options &
other stock issuances95,307Proceeds from issuance of common
stock in private placements55,000Principal payments on DOE
loans-452,337Purchase of convertible note hedges-
177,540Common stock & convertible debt issuance costs-
16,901Principal payments on capital leases & other debt-
8,425Collateralized lease borrowings-Net cash flows from
financing activities635,422Effect of exchange rate changes on
cash & cash equivalents-Net increase (decrease) in cash & cash
equivalents643,999Cash & cash equivalents at beginning of
period201,890Cash & cash equivalents at end of
period845,889Interest paid9,041Income taxes paid257Reference
(example)Mergent Online. (2018). Company A Retrieved
January 21, 2018 from: (link to financial statement here)
Company A 2016 Cash FlowCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Cash Flow Report
9. Date12/31/16CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsNet income (loss)-
294,040Depreciation & amortization231,931Stock-based
compensation156,496Amortization of discount on convertible
debt69,734Inventory write-downs15,609Write-off of
Department of Energy (DOE) loan origination costs-Change in
fair value of DOE warrant liability-Fixed asset
disposal14,178Other non-cash operating activities7,471Foreign
currency transaction loss (gain)-1,891Account receivables-
183,658Inventories & operating lease vehicles-
1,050,264Prepaid expenses & other current assets-60,637Other
assets-4,493Accounts payable252,781Accrued
liabilities162,075Accounts payable & accrued expenses-
Deferred revenue209,681Customer deposits106,230Resale value
guarantee249,492Other long-term liabilities61,968Net cash
flows from operating activities-57,337Purchases of property &
equipment excluding capital leases-969,885Withdrawals out of
(transfers into) our dedicated Department of Energy account,
net-Decrease (increase) in restricted cash-3,849Purchase of
short-term marketable securities-205,841Maturities of short-
term marketable securities189,131Business acquisition-Net cash
flows from investing activities-990,444Proceeds from issuance
of convertible debt2,300,000Proceeds from issuance of
convertible debt & other debt-Proceeds from issuance of
common stock in public-Proceeds from issuance of
warrants389,160Proceeds from exercise of stock options &
other stock issuances100,455Proceeds from issuance of common
stock in private placements-Principal payments on DOE loans-
Purchase of convertible note hedges-603,428Common stock &
convertible debt issuance costs-35,149Principal payments on
capital leases & other debt-11,179Collateralized lease
borrowings3,271Net cash flows from financing
activities2,143,130Effect of exchange rate changes on cash &
cash equivalents-35,525Net increase (decrease) in cash & cash
equivalents1,059,824Cash & cash equivalents at beginning of
period845,889Cash & cash equivalents at end of
10. period1,905,713Interest paid20,539Income taxes
paid3,120Reference (example)Mergent Online. (2018).
Company A Retrieved January 21, 2018 from: (link to financial
statement here)
Company A 2017 Cash FlowCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Cash Flow Report
Date12/31/17CurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsNet income (loss)-
888,663Depreciation & amortization422,590Stock-based
compensation197,999Amortization of discount on convertible
debt72,063Inventory write-downs44,940Write-off of
Department of Energy (DOE) loan origination costs-Change in
fair value of DOE warrant liability-Fixed asset
disposal37,723Other non-cash operating activities26,373Foreign
currency transaction loss (gain)55,765Account
receivables46,267Inventories & operating lease vehicles-
1,573,860Prepaid expenses & other current assets-29,595Other
assets-24,362Accounts payable-Accrued liabilities-Accounts
payable & accrued expenses263,345Deferred
revenue322,203Customer deposits36,721Resale value
guarantee442,295Other long-term liabilities23,697Net cash
flows from operating activities-524,499Purchases of property &
equipment excluding capital leases-1,634,850Withdrawals out
of (transfers into) our dedicated Department of Energy account,
net-Decrease (increase) in restricted cash-26,441Purchase of
short-term marketable securities-Maturities of short-term
marketable securities-Business acquisition-12,260Net cash
flows from investing activities-1,673,551Proceeds from
issuance of convertible debt-Proceeds from issuance of
convertible debt & other debt318,972Proceeds from issuance of
common stock in public730,000Proceeds from issuance of
warrants-Proceeds from exercise of stock options & other stock
issuances106,611Proceeds from issuance of common stock in
private placements20,000Principal payments on DOE loans-
Purchase of convertible note hedges-Common stock &
11. convertible debt issuance costs-17,025Principal payments on
capital leases & other debt-203,780Collateralized lease
borrowings568,745Net cash flows from financing
activities1,523,523Effect of exchange rate changes on cash &
cash equivalents-34,278Net increase (decrease) in cash & cash
equivalents-708,805Cash & cash equivalents at beginning of
period1,905,713Cash & cash equivalents at end of
period1,196,908Interest paid32,060Income taxes
paid9,461Reference (example)Mergent Online. (2018).
Company A Retrieved January 21, 2018 from: (link to financial
statement here)
Company A Stock HistoryCompany A Name & Stock
SymbolIssue: Date: From 01/01/2015 to 12/31/2017
Frequency: daily
Adjusted Prices Three Year Rate of Return590.28%Historical
Pricing (prices here are for example purposes
only)DateOpenHighLowCloseVolumePrice Move
(%)12/29/2017238.51243.45238.37240.0127147210.8112/28/20
17236.6243.634235.671238.0936977580.3812/27/2017230.0623
7.72229.547237.1924041953.612/26/2017231.49231.98225.542
28.951900583-
0.712/22/2017230.56231.88228.28230.577102770.3812/21/2017
232.18233.45228.13229.71554845-
0.1112/20/2017234.99236.55229.63229.951961155-
1.1212/19/2017231.69235.83231.08232.5619524210.9112/18/20
17232.89235.9229.29230.463013811-
1.2612/15/2017233.94237.76229.815233.393297858-
0.4812/14/2017222.1234.88220.73234.5151039866.0712/13/201
7221.82222.22218221.0922442241.1512/12/2017217.51220.922
14.87218.5828306730.7212/11/2017225.24225.75216.64217.02
3266096-
4.4312/08/2017224.71228.49223.64227.0720715581.1412/07/20
17226.7227.5220.72224.523057438-
0.9712/06/2017227.52228.8224.2226.722685928-
1.9112/05/2017227.7235.63226.15231.1331441550.3312/04/201
7232.46233.27227.66230.382572401-
32. Important Note: Be sure to label each worksheet in Excel with
the appropriate year, as you did in the Module Three
assignment.
2. Ratio Calculation
On each data tab, use formulas to calculate the following
financial indicators for each year of data:
o Current ratio
o Debt/equity ratio
o Free cash flow
o Earnings per share
o Price/earnings ratio
o Return on equity
o Net profit margin
3. Written Responses
In a separate Word document, respond to the following:
o Describe how and why each of the ratios has changed over the
three-year period. For example, did the current ratio increase or
decrease? Why?
Describe how three of the ratios you calculated for your
company compare to the general industry. Find general industry
data by entering your specific
company’s ticker symbol here. Be sure to watch the Mergent
Online video (written instructions can be found here), as it will
help you find the industry data.
4. Professionalism, References, and Mechanics
33. Format the data on all worksheets so that the file has a neat and
professional appearance. Include links and properly formatted
citations referencing the
location of the data used. Your written responses should be free
of errors in organization, grammar, and style.
http://www.mergentonline.com.ezproxy.snhu.edu/basicsearch.ph
p
https://www.youtube.com/watch?v=FGcYg-WEt9g
http://snhu-
media.snhu.edu/files/course_repository/undergraduate/fin/fin32
0/fin320_mergent_online_instructions.pdf
Guidelines for Submission: Submit an Excel file that meets the
criteria described in the prompt. The written responses should
be done in a Word document. Be
sure to include both the Excel file and Word document.
Citations should be formatted according to APA style.
Critical Elements Exemplary (100%) Proficient (85%) Needs
Improvement (55%) Not Evident (0%) Value
Financial Data Meets “Proficient” criteria and
presents information in a well-
organized manner with clearly
labeled tabs and data sections
Includes three years of financial
statement data (three annual
balance sheets, three annual
34. income statements, and three
annual statements of cash flows)
for the company selected, with
minor errors or no errors
Includes three years of financial
statement data (three annual
balance sheets, three annual
income statements, and three
annual statements of cash flows)
for the company selected, with
noticeable errors
Does not include three years of
financial statement data (three
annual balance sheets, three
annual income statements, and
three annual statements of cash
flows) for the company selected
20
Ratio Calculation Meets “Proficient” criteria and
presents information in a clear
and well-organized manner
Accurately calculates the
financial indicators (current
ratio, debt/equity ratio, free
cash flow, earnings per share,
price/earnings ratio, return on
equity, and net profit margin),
with minor errors or no errors
Calculates the financial
indicators (current ratio,
35. debt/equity ratio, free cash flow,
earnings per share,
price/earnings ratio, return on
equity, and net profit margin),
with noticeable errors
Does not calculate the financial
indicators (current ratio,
debt/equity ratio, free cash flow,
earnings per share,
price/earnings ratio, return on
equity, and net profit margin)
40
Written Responses:
Changes in Ratios
Meets “Proficient” criteria and
includes supporting details and
data
Describes how and why each of
the ratios has changed over the
three-year period in a clear and
logical manner
Describes how and why each of
the ratios has changed over the
three-year period but presents
some information in an unclear
or illogical manner
Does not describe how and why
each of the ratios has changed
over the three-year period
36. 15
Written Responses:
Comparison to Industry
Meets “Proficient” criteria and
includes supporting details and
data
Describes how the selected
ratios compare to the general
industry in a clear and logical
manner
Describes how the selected
ratios compare to the general
industry but presents some
information in an unclear or
illogical manner
Does not describe how the
selected ratios compare to the
general industry
15
Professionalism,
References, and
Mechanics
Meets “Proficient” criteria, and
the material is presented in an
especially polished and easy to
read format
37. Formats data with a neat and
professional appearance and
includes properly formatted
APA-style citations and links with
minor errors or no errors; any
errors related to organization,
grammar, and style are minor
Formats data and provides
citations and links, but there are
deficiencies in the appearance of
the data and/or flaws in the
citation formatting; there are
some errors related to
organization, grammar, and style
Does not format data with a
neat and professional
appearance or include properly
formatted APA-style citations
and links; there are major errors
related to organization,
grammar, and style
10
Earned Total 100%
Company A 2017 Balance SheetCompany A Name & Stock
SymbolTip: F2 key let's you easily edit cell data.Exchange rate
used is that of the Year End reported date Students: You will
need three years' worth of data for the next Excel assignment if
38. you want to download all three years now.You will also need
more historical stock prices too if you would like to download
all available stock price data now.As Reported Annual Balance
Sheet Report Date12/31/17←Use most recent year-end report
date availableCurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsCash & cash
equivalents1,196,908Restricted cash & marketable
securities22,628Restricted cash-Accounts
receivable168,965Raw materials528,935Work in
process163,830Finished goods476,512Service
parts108,561Inventory1,277,838Prepaid expenses & other
current assets125,229Total current assets2,791,568Operating
lease vehicles, net1,791,403Machinery, equipment & office
furniture1,694,910Tooling550,902Leasehold
improvements338,392Building & building
improvements461,303Land60,234Computer equipment &
software175,512Construction in progress693,207Property &
equipment, gross3,974,460Less: accumulated depreciation &
amortization571,126Property & equipment,
net3,403,334Restricted cash31,522Emission credits-Debt
issuance costs, net-Other assets-Other assets-Other
assets74,633Total assets8,092,460Accounts
payable916,148Accrued warranty, current portion-Build to suit
finance obligation, current portion-Accrued interest-
Environmental liabilities, current portion-Other accrued
expenses-Taxes payable101,206Accrued
purchases140,540Payroll & related costs86,859Warranty &
other accrued expenses94,193Accrued
liabilities422,798Deferred revenue423,961Resale value
guarantee136,831Capital lease obligations, current portion-
Customer deposits283,370Convertible debt, current portion-
Long term debt & capital leases633,166Total current
liabilities2,816,274Deferred revenue446,105Long term debt &
capital leases2,040,375Resale value guarantee1,293,741Capital
lease obligations, less current portion-Convertible debt, less
current portion-Accrued warranty, less current portion-Deferred
39. rent liability-Deferred tax liabilities-Environmental liabilities,
less current portion-Other long-term liabilities-Other long-term
liabilities-Other long-term liabilities364,976Convertible senior
notes42,045Total liabilities7,003,516Common
stock131Additional paid-in capital3,414,692Accumulated other
comprehensive income (loss)-3,556Data quality check:Retained
earnings (accumulated deficit)-2,322,323Assets =Liabilities +
EquityTotal stockholders' equity
(deficit)1,088,9448,092,4608,092,460Reference
(example)Mergent Online. (2018). Company A Retrieved
January 21, 2018 from: (link to financial statement here)
Company A 2017 Income StatementCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Income Statement Report Date12/31/17
Regis, Kristin: Regis, Kristin:
Use most recent year-end report date
availableCurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsDevelopment
services-Automotive sales3,740,973Services & other
revenues305,052Total revenues4,046,025Development services-
Automotive sales2,823,302Services & other cost of
revenues299,220Total cost of revenues3,122,522Gross profit
(loss)923,503Research & development717,900Selling, general
& administrative922,232Total operating
expenses1,640,132Income (loss) from operations-
716,629Interest income1,508Interest expense118,851Other
income (expense), net-41,652Income (loss) before income taxes
- domestic-415,694Income (loss) before income taxes -
international-459,930Income (loss) before income taxes-
875,624Current state income taxes (benefit)525Current foreign
income taxes (benefit)10,342Current income taxes
(benefit)10,867Deferred foreign income taxes
(benefit)2,172Deferred income taxes (benefit)2,172Provision
for income taxes (benefit)13,039Net income (loss)-
888,663Weighted average shares outstanding-
40. basic128,202Weighted average shares outstanding-
diluted128,202Year end shares outstanding131,425Net income
(loss) per share - basic-7Net income (loss) per share - diluted-
7Number of full time employees13,058Number of common
stockholders836Foreign currency translation adjustments-
10,999Reference (example)Mergent Online. (2018). Company A
Retrieved January 21, 2018 from: (link to financial statement
here)
Company A 2017 Cash FlowCompany A Name & Stock
SymbolExchange rate used is that of the Year End reported date
As Reported Annual Cash Flow Report Date12/31/17
Regis, Kristin: Regis, Kristin:
Use most recent year-end report date
availableCurrencyUSDAudit StatusNot
QualifiedConsolidatedYesScaleThousandsNet income (loss)-
888,663Depreciation & amortization422,590Stock-based
compensation197,999Amortization of discount on convertible
debt72,063Inventory write-downs44,940Write-off of
Department of Energy (DOE) loan origination costs-Change in
fair value of DOE warrant liability-Fixed asset
disposal37,723Other non-cash operating activities26,373Foreign
currency transaction loss (gain)55,765Account
receivables46,267Inventories & operating lease vehicles-
1,573,860Prepaid expenses & other current assets-29,595Other
assets-24,362Accounts payable-Accrued liabilities-Accounts
payable & accrued expenses263,345Deferred
revenue322,203Customer deposits36,721Resale value
guarantee442,295Other long-term liabilities23,697Net cash
flows from operating activities-524,499Purchases of property &
equipment excluding capital leases-1,634,850Withdrawals out
of (transfers into) our dedicated Department of Energy account,
net-Decrease (increase) in restricted cash-26,441Purchase of
short-term marketable securities-Maturities of short-term
marketable securities-Business acquisition-12,260Net cash
flows from investing activities-1,673,551Proceeds from
41. issuance of convertible debt-Proceeds from issuance of
convertible debt & other debt318,972Proceeds from issuance of
common stock in public730,000Proceeds from issuance of
warrants-Proceeds from exercise of stock options & other stock
issuances106,611Proceeds from issuance of common stock in
private placements20,000Principal payments on DOE loans-
Purchase of convertible note hedges-Common stock &
convertible debt issuance costs-17,025Principal payments on
capital leases & other debt-203,780Collateralized lease
borrowings568,745Net cash flows from financing
activities1,523,523Effect of exchange rate changes on cash &
cash equivalents-34,278Net increase (decrease) in cash & cash
equivalents-708,805Cash & cash equivalents at beginning of
period1,905,713Cash & cash equivalents at end of
period1,196,908Interest paid32,060Income taxes
paid9,461Reference (example)Mergent Online. (2018).
Company A Retrieved January 21, 2018 from: (link to financial
statement here)
Company A Stock HistoryCompany A Name & Stock
SymbolLast 7 Business Day Stock Prices (most recent day listed
first)DateClose1/19/201891.541/18/201893.441/17/201894.881/
16/201894.311/15/201893.591/12/201893.961/11/201890.02Rat
e Of Return1.69
Regis, Kristin: Regis, Kristin:
Note that formula includes *100 which converts the result into a
percent. You may do this OR use the % Excel formatting key on
the toolbar."The stock had a 1.69 percent return over the period
January 11th through January 19th 2018."Reference
(example)Mergent Online. (2018). Company A Retrieved
January 21, 2018 from: (link to financial statement here)
Financial information for publicly traded companies is available
to the public and can be found on a
42. domestic company’s 10-K Annual Report on the company’s
investor relations page (e.g., Apple Financial
Information) or the U.S. Securities and Exchange Commission
(SEC) site under Filings & Forms and on
many other financial sites including Yahoo! Finance.
Mergent Online is a financial industry tool available to SNHU
students for free. View this video
demonstration.
To Find a Publicly Traded Company
at the top of the page, and under
Academic Support, select the Shapiro Library link.
-Z Database List link, and in the Search for
Databases field, enter Mergent Online,
click on GO, and then click on Mergent Online in the results.
http://www.mergentonline.com.ezproxy.snhu.edu/basicsearch.ph
p
- Enter symbol
or Company Name field in the
first section (top, left) and wait one moment for a drop-down
menu to appear.
on an exchange where you can buy
and sell shares), it will appear in the list below and you will see
the company stock ticker symbol
and name.
43. confirm that this is the company you
intended to search for by reading the Business Summary.
box at the top of the page
and make note of the company’s
assigned Sector and Industry.
To Find Historical Stock Prices
you see the Historical Pricing, choose Download near
the top right of the screen.
decrease in the stock price over the
seven weekday or three-year period (“rate of return” in rubric).
$109.36. Seven weekdays earlier, on
8/11/16, it closed at $107.93. If you had bought 100 shares of
Apple stock on 8/11/16 at
$107.93 and sold them on 8/19/16 at $109.36, you would have
earned $143 before taxes, which
is a 1.32% rate of return. The calculation is (109.36-
107.93)/107.93 x 100 which equals 1.32%.
-
year rate of return is 50.77%.
44. To Download Financial Statement Data
statement data.
3 years by selecting that option to
the right of the Annuals/Balance Sheet above the Balance Sheet
data.
http://investor.apple.com/financials.cfm
http://investor.apple.com/financials.cfm
https://www.sec.gov/edgar.shtml
http://youtu.be/kXjumWDZin0?hd=1
http://youtu.be/kXjumWDZin0?hd=1
http://www.mergentonline.com.ezproxy.snhu.edu/basicsearch.ph
p
ment and then Cash
Flow to get your other financial
statements.
To Find a Competitor
45. the list of companies.
iness Summary to
confirm that this is the company
you are interested in.
you want to use this competitor
for your competitive analysis.
To Find Industry Data
rs tab.
the list of companies.
Summary to confirm that this is the
company you are interested in.
you want to use this competitor
for your industry analysis.
compare and collect the needed data
from the company financial statements for your ratio or Free
Cash Flow (FCF) calculations.
46. (for example, add the five company
FCF’s together and then divide by five).
Please post any questions to your course’s General Questions
discussion topic.
FIN 320 Module Three Excel Assignment Rubric
This is the first of two Excel assignments you will complete in
this course. Before you get started, be sure to watch the
Mergent Online video (written
instructions can be found here). For this assignment, consider
the stock you own in your TDAU thinkorswim portfolio. Choose
one of the companies from your
portfolio and complete the following steps:
1. Financial Reports
For the company you have selected, find the most recent annual
balance sheet, annual income statement, and annual statement of
cash flows.
Copy each of these three reports to its own worksheet within a
single Excel file. The first worksheet should be titled 20XX
Balance Sheet; the second, 20XX
Income Statement; the third, 20XX Cash Flow. (Replace the XX
with the appropriate year.) The image below illustrates the way
the file should be set up.
47. 2. Stock Prices
Create a fourth worksheet within the same Excel file for
historical stock prices. (You can name the worksheet Stock
Prices.)
Mergent Online written instructions to locate the stock prices
for your company for
the most recent seven days. In your Excel file, enter those seven
prices.
calculate the stock price’s rate of return over that seven-day
period. To do this,
1. Subtract the stock price of the first day from the stock price
of the last day.
2. Divide this amount by the stock price from the first day.
3. Multiply by 100 to get the rate of return.
https://www.youtube.com/watch?v=FGcYg-WEt9g
http://snhu-
media.snhu.edu/files/course_repository/undergraduate/fin/fin32
0/fin320_mergent_online_instructions.pdf
http://snhu-
media.snhu.edu/files/course_repository/undergraduate/fin/fin32
0/fin320_mergent_online_instructions.pdf
3. Professionalism
Format the data on all worksheets so that the file has a neat and
professional appearance.
48. 4. References
At the bottom of each data tab in the spreadsheet, include a link
and a properly formatted citation referencing the location of the
data used.
Guidelines for Submission: Submit an Excel file that meets the
criteria described in the prompt. Citations should be formatted
according to APA style.
Critical Elements Proficient (100%) Needs Improvement (75%)
Not Evident (0%) Value
Financial Reports Includes annual balance sheet, annual income
statement, and annual statement of cash flows
for the company selected
Includes annual balance sheet, annual income
statement, and annual statement of cash flows
for the company selected, but submission is
incomplete or contains inaccuracies
Does not include annual balance sheet, annual
income statement, and annual statement of
cash flows for the company selected
25
Stock Prices Accurately calculates the stock’s rate of return
over the seven-day period
Calculates the stock’s rate of return over the
seven-day period, but calculation contains
inaccuracies
49. Does not calculate the stock’s rate of return
over the seven-day period
45
Professionalism Formats data with a neat and professional
appearance
Formats data with a neat and professional
appearance, but contains some formatting
issues
Does not format data with a neat and
professional appearance
15
References Includes properly formatted APA-style citations
and links with no errors
Includes citations and links, but citations
contain some errors
Does not include properly formatted APA-style
citations or include citations and links with
major errors
15
Earned Total 100%
