The document is a grading guide for an individual assignment in an accounting course focused on analyzing financial statements of a publicly traded U.S. corporation. It outlines the purpose, requirements, and evaluation criteria for the assignment, which includes analyzing liquidity, solvency, and profitability through financial ratios. The guide also emphasizes the importance of appropriate formatting and citation in reports.

1. Financial Statements Grading Guide ACC/561 Version 7
4
Financial Statements Grading Guide
ACC/561 Version 7
Accounting
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Individual Assignment: Financial StatementsPurpose of
Assignment
This activity helps students recognize the significant role
accounting plays in providing financial information to
management for decision making through the evaluation of
financial statements. This experiential assignment requires
students to use ratios to evaluate and analyze a company’s
liquidity, solvency, and profitability.Resources Required
Generally Accepted Accounting Principles (GAAP)

2. U.S. Securities and Exchange Commission (SEC)
University Library, Library resources - Company Directories
and Financials
Tutorial help on Excel® and Word functions can be found on
the Microsoft® Office website. There are also additional
tutorials via the web offering support for Office
products.Grading Guide
Content
Met
Partially Met
Not Met
Comments:
Selected a publicly traded, U.S. corporation with which student
is familiar or one where student currently works or has worked
in the past.
Researched the company on the Internet and downloaded the
Income Statement, Statement of Shareholders' Equity, Balance
Sheet, and Statement of Cash Flows.
Determined the net income for the current fiscal year (FY).
Answered the following question:
· Is this income up or down from the prior year?
Explained the relevance of changes in net income to investors.

3. Determined the ending balance in shareholders' equity.
Answered the following question:
· Why would organizations such as labor unions be interested in
this?
Determined the total value of assets.
Discussed the relevance of the total value of
assets to potential creditors and why this is
important.
Computed the return on assets. Discussed
the relative profitability of the company based
on student’s results.
Computed the working capital and current

4. ratio. Evaluated the relative liquidity of the
company based on student’s results.
Computed the debt to assets ratio and the
free cash flow for student’s company. Analyzed the results and
comment on the relative solvency of the company.
Discussed how the financial statements are
used in student’s current role or a position
student would like to hold. Answered the
following question:
· How might these aid student in managerial decision making?
Showed work in Microsoft® Word or Excel®.
Completedcalculations/computations using Microsoft® Word or
Excel®.
Included the four financial statements along with assignment.

5. The examination is a minimum 700 words in length.
Total Available
Total Earned
4
#/4
Writing Guidelines
Met
Partially Met
Not Met
Comments:
The paper—including tables and graphs, headings, title page,
and reference page—is consistent with APA formatting
guidelines and meets course-level requirements.
Intellectual property is recognized with in-text citations and a
reference page.

6. Paragraph and sentence transitions are present, logical, and
maintain the flow throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed including spelling and
punctuation.
Total Available
Total Earned
1
#/1
Assignment Total
#
5
#/5
Additional comments: