Financial Statement Analysis Project
Valuation
Valuation
The last step of the project is to valuate the company and determine the buy price
We are going to introduce two valuation systems:
Margin of Safety price
Buy price based on Owner Earnings
2
Margin of Safety (MOS) Price
Step 1: EPS Trailing 12 month (EPS TTM)
Sum of EPS from the most recent 4 quarters (from Yahoo Finance or 10-Q)
Step 2: Future Growth Rate (FGR) – Key Parameter
You have calculated annual growth rates of Book Value, EPS, CFO, and Sales per share
Use these growth rates to come up your estimate of FGR (you just need to ball park a FGR, and it will be a rough estimate)
Your estimated FGR should be <= Analysts’ forecast of future growth
Step 3: Future EPS=EPS TTM × (1+FGR)10
Projected EPS in 10 years
Margin of Safety (MOS) Price
Step 4: Future P/E Ratio= 2 × FGR
Should be capped at historical high P/E ratio
Step 5: Future Value= Future EPS × Future P/E Ratio
Projected firm value in 10 years
Step 6: Fair Price= Future Value ÷ 4
Company’s fair value today
We want our money to double up every 5 years
Step 7: MOS Price= Fair price × 50%
I can help you with analysts’ forecast of FGR and historical high P/E ratio, as it can be challenging for you to find out
Buy Price based on Owner Earnings
This is the valuation method Buffett uses and explained in his 1986 Letter to Berkshire’s shareholders
We think of businesses like many people think of a real estate investment – a money making machine based on net profits generated
One way to look at a business is by analyzing cash flow generated after certain expenses. If you can keep a good profit after expenses and expect it to continue in the future, you have a good deal.
Buffett defines this cash flow as “Owner Earnings.”
We are looking to buy a great company at a price that will earn a 10% return (=Owner earnings) every year
Compute Owner Earnings
Pretax Income
+ Depreciation and Amortization
+/- Changes in Accounts Receivable
+/- Changes in Inventories
+/- Changes in Accounts Payable
- Maintenance CapEx (Total CapEx with Growth CapEx taken out)
----------------------
= Owner Earnings
Maintenance CapEx
Maintenance CapEx is the money the company spent to replace worn out property and equipment for the last fiscal year.
In real estate, this is like replacement of roof, countertop, carpet, and furnaces, etc.
The money spent on acquiring more real estate properties is Growth CapEx.
Most companies, however, do not separately report maintenance CapEx.
So we need to read 10-K to help us identify the maintenance CapEx.
Entry Point
Now you have two buy prices calculated. If your company is a great company you would like to own for the next 10 years, wait now until an event puts the company on sale
Great companies are often priced high (e.g., Costco, Chipotle, Ulta), and we don’t chase the stock
An event is an incident that causes the company’s stock price to decline sharply and puts the comp.
ACC644 Financial Statement Analysis
Comprehensive Project
OBJECTIVE
Financial Statement Analysis project involves a team of students analyzing financial statements of two (2) companies from the same industry and prepare a written analysis as well as recommendations.
ADDITIONAL RESOURCES
In addition to these guidelines, additional information is provided on the company’s Web site, library databases and the textbook including: formulas and guidelines for calculations, information about the two (2) companies being analyzed, and any special considerations related to the specific companies or current economic conditions.
DESCRIPTION
The team will be analyzing each company’s annual report (10-K filing), which serves as a “résumé” of a corporation. The Generally Accepted Accounting Principles (GAAP) and the Securities and Exchange Commission (SEC) provide much of the information in corporate annual reports and in the 10-K. Specifically, GAAP requires annual reports to disclose four financial statements: a Balance Sheet, a Statement of Cash Flows, an Income Statement and a Statement of Retained Earnings.
FINANCIAL STATEMENT ANALYSIS PROJECT
Spring 2015
FORMAT FOR PROJECT:
TITLE PAGE
The first page of the project is the title page, which lists the following:
• FINANCIAL STATEMENT ANALYSIS PROJECT
• Analysts’ (Participants’) Names
• Date
The body of the project must consist of the following six (6) sections - clearly marked.
SECTION 1: EXECUTIVE SUMMARY
In this section provide a brief overview of each of the two corporations. Participants are not limited but, at a minimum, should provide the following information for both companies:
• Official name of the corporation
• Location of the corporate headquarters
• The state in which the company is incorporated
• Company Internet address
• Stock symbol of the corporation and the exchange on which it is traded
• Fiscal year-end of the corporation
• Date of the 10-K filing according to the financial statements provided
• The company’s independent accountant/auditor
• The primary products(s) and/or services (s) of the corporation
SECTION 2: BALANCE SHEET ANALYSIS
1. Using elements listed on your company’s balance sheet, prepare a common size balance sheet using the following format. (Vertical Analysis Chapter 5)
COMPANY #1
Account
Current Year
%
Prior Year
‘ %
COMPANY #2
Account
Current Year
%
Prior Year
‘ %
2. Using elements listed on your company’s balance sheet calculate the increase or decrease in dollars and percent between the years using the following format. (Year to Year Change Analysis Chapter 5)
COMPANY #1
Account
Current Year
Prior Year
+/- $
%
COMPANY #2
Account
Current Year
Prior Year
+/- $
%
3. Using elements listed on your company’s balance sheet calculate the ratios and amounts using two years prior as the base year (100%) using the following format. Your answers should all be in percentages (Horizontal Analysis Chapter 5).
.
ACCOUNTING PROGRAM OVERVIEW: SEC 10K REPORT PROJECT FOR ACCT 321SophiaMorgans
This project for an accounting course challenges students to analyze the SEC 10-K report of a publicly traded US manufacturing corporation. Students will prepare three deliverables: a paper analyzing financial statements and key metrics, an Excel spreadsheet with financial ratios and calculations, and a PowerPoint presentation with recommendations for management based on cost analysis. The goal is for students to practice interpreting financial reports, comparing information across years and other companies, and identifying opportunities to improve profits.
Note to the userThis Word document provides a structure.docxhenrymartin15260
Note to the user:
This Word document provides a structured form template for preparing your responses to the questions in the annual report project. Simply complete the input required by the form. If you did not purchase the workbook you are not permitted to use this form template.
INTRODUCTION TO THE CORPORATE ANNUAL REPORT:
A Business Application with IFRS Content
3rd edition
Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to [email protected] or [email protected].
ISBN: 978-0-9841839-2-0
To be completed by the student and submitted with the completed annual report project according to your instructor’s requirements.
Complete the following form before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act.
1. Remove the front cover of the workbook and identify:
Student Name:
Term: Winter 2014
Selected Company: Monsanto Company
Instructor:
2. Print your completed electronic template.
3. Attach the following:
· This page completed with all required information.
· Completed Word form template. Form template boxes expand as you input responses.
Chapter 1 - Introduction
Select a Company and Gather Documents
Chapter 1: Select a Company and Gather Documents – Question 1
Identify with an “X” the primary source of data for this project.Click here to enter text.
Annual report to shareholders X
Annual report to shareholders with a letter from Chief Executive Officer and SEC Form 10-K as part of the annual report to shareholders. The annual report may include additional general company information. Click here to enter text.
SEC Form 10-K and the company website.
Fill in the page numbers from the annual report where the following are located.
Required information for this workbook project.
Page No.
Required information for this workbook project.
Page No.
Financial Highlights
· Not absolutely necessary, but very common in annual report to shareholders.
· Not in SEC Form 10-K. May be posted on company website. If so put WEB in Page No. box.
· If not available, put N/A in Page No. box.Second Page in Report but not labelled
Chief Executive Officer Letter
· May be labeled President’s, CEO’s or other top official’s message or letter to the shareholders
· Not in SEC Form 10-K. Likely posted on company website if SEC Form 10-K used to satisfy the annual report to shareholders reporting requirement. If so put WEB in Page No. box.WEB
Management’s Discussion and Analysis (MD&A)16-31
Notes to Financial Statements
· Put range of pages, for example, 47 to 58.43-88
Income Statement
May be labeled Statement of Earnings39-40
Report of Independent Accountants or Independent Auditors’ Report 89
Balance Sh.
Salesforce Summer 19 Release Overview Deck.
This presentation was made by Salesforce.com, Inc. (Release Readiness Team).
For more info please check:
https://success.salesforce.com/_ui/core/chatter/groups/GroupProfilePage?g=0F9300000001oku
BA 620 Managerial Finance Group Company Project Guidelines.docxwilcockiris
BA 620 Managerial Finance
Group Company Project Guidelines
Group/Company Project. One of the goals BA 620 Managerial Finance is to introduce you to
various concepts, theories, and methods of evaluating the financial strength of a company. This
paper is opportunities to put into practice these concepts, theories, etc. that apply to a company.
Select a publicly traded company and record your selection with me. During the course, it will be
your responsibility to use the class concepts to research the company and apply the class learning
to the information obtained about the company.
Important:
The professor will assign you to groups at the beginning of this class.
Each group will be assigned one or more companies to analyze.
Please note that the professor reserves the right to modify the
requirements of the group project.
Guide to Group Company Analysis
Part I (40 points)
A. Research and then describe your company's primary business activities. Include:
1. A brief historical summary,
2. A list of competitors,
3. The company's position within the industry,
4. Recent developments within the company/industry,
5. Future direction, and
6. Other items of significance to your corporation.
B. Include information from a variety of resources. For example:
1. Consult the Form 10-K filed with the SEC.
2. Review the Annual Report and especially the Letter to Shareholders
3. Explore the corporate website.
4. Select at least two significant news items from recent business periodicals
C. Submit a written report that is 5-7 pages long. The report should be well written with cover
page, introduction, body of paper (with appropriate subheadings), conclusion, and
reference page. References must be appropriately cited. Be sure to address all of the
points in Section A above, using all of the resources listed in Section B. Format: Double-
spaced, one-inch margins, using a 12-point Times New Roman font.
D. Due Date: Last day of Week/Module 2
Part II (60 points):
The purpose of the second part of the comprehensive project is to compute financial statement
ratios. Based on the company you selected in Part I, complete the following:
A. Compute the following ratios for two years. You may use Excel to compute your ratios.
1. Debt ratio
2. Gross profit margin
3. Free cash flow
4. Times interest earned
5. Accounts receivable turnover
6. Inventory turnover
B. Prepare a DuPont Analysis of ROE for two years, including computations of
1. Return on Sales
2. Asset Turnover
3. Return on Assets
4. Financial Leverage
5. Return on Equity
C. Briefly evaluate the ratio trends. Indicate on your worksheet whether each ratio is:
1. stronger / weaker
2. quicker /slower
3. more / less liquid
4. more / less risk
D. Write a 3-6 page report evaluating trends in all of the above ratios. Discuss whether your
company's profitability, efficiency, liquidity, and solvency are improving or d.
BA 620 Managerial Finance Group Company Project Guidelines.docxrosemaryralphs52525
BA 620 Managerial Finance
Group Company Project Guidelines
Group/Company Project. One of the goals BA 620 Managerial Finance is to introduce you to
various concepts, theories, and methods of evaluating the financial strength of a company. This
paper is opportunities to put into practice these concepts, theories, etc. that apply to a company.
Select a publicly traded company and record your selection with me. During the course, it will be
your responsibility to use the class concepts to research the company and apply the class learning
to the information obtained about the company.
Important:
The professor will assign you to groups at the beginning of this class.
Each group will be assigned one or more companies to analyze.
Please note that the professor reserves the right to modify the
requirements of the group project.
Guide to Group Company Analysis
Part I (40 points)
A. Research and then describe your company's primary business activities. Include:
1. A brief historical summary,
2. A list of competitors,
3. The company's position within the industry,
4. Recent developments within the company/industry,
5. Future direction, and
6. Other items of significance to your corporation.
B. Include information from a variety of resources. For example:
1. Consult the Form 10-K filed with the SEC.
2. Review the Annual Report and especially the Letter to Shareholders
3. Explore the corporate website.
4. Select at least two significant news items from recent business periodicals
C. Submit a written report that is 5-7 pages long. The report should be well written with cover
page, introduction, body of paper (with appropriate subheadings), conclusion, and
reference page. References must be appropriately cited. Be sure to address all of the
points in Section A above, using all of the resources listed in Section B. Format: Double-
spaced, one-inch margins, using a 12-point Times New Roman font.
D. Due Date: Last day of Week/Module 2
Part II (60 points):
The purpose of the second part of the comprehensive project is to compute financial statement
ratios. Based on the company you selected in Part I, complete the following:
A. Compute the following ratios for two years. You may use Excel to compute your ratios.
1. Debt ratio
2. Gross profit margin
3. Free cash flow
4. Times interest earned
5. Accounts receivable turnover
6. Inventory turnover
B. Prepare a DuPont Analysis of ROE for two years, including computations of
1. Return on Sales
2. Asset Turnover
3. Return on Assets
4. Financial Leverage
5. Return on Equity
C. Briefly evaluate the ratio trends. Indicate on your worksheet whether each ratio is:
1. stronger / weaker
2. quicker /slower
3. more / less liquid
4. more / less risk
D. Write a 3-6 page report evaluating trends in all of the above ratios. Discuss whether your
company's profitability, efficiency, liquidity, and solvency are improving or d.
Individual Case Analysis GuidelinesRead the assigned case and .docxjaggernaoma
Individual Case Analysis Guidelines
Read the assigned case and prepare answers to ALL of the following:
1. What is the company’s major problem (e.g., what decision must be made? what choice must be faced?)? Justify why you believe this is the major problem (e.g., what are some of the symptoms that you believe attribute to the major problem)
2. What is the company’s current overall objective(s)?
3. What are the current strategies to help the organization achieve its current objective(s)?
4. Using the company’s mission statement, identify which components were utilized
5. Create your “improved” mission statement utilizing all components and identify each component in your “improved” mission statement
6. How attractive is the industry (e.g., size, growth rate, profitability, competitive intensity, Porter’s 5 forces) to companies currently in the industry? And to companies who would like to enter the industry? (FYI. When you finish answering this question, you should know: 1) if you are considering entering in this industry, do you want to enter in to this industry or 2) if you are currently in this industry, do you want to stay in this industry.)
7. Conduct a Situation/SWOT Analysis (internal and industry analyses)
a. Conduct an industry analysis (external audit)
i. What are the company’s external opportunities and threats?
ii. Develop an External Factor Evaluation (EFE) Matrix, explain what the company needs to improve on externally, and justify why it needs to be improved
iii. Identify the company’s major competitors, develop a Competitive Profile Matrix (CPM), explain what the company needs to improve on competitively, and justify why it needs to be improved
b. Conduct internal analysis
i. What are the company’s internal strengths and weaknesses?
ii. Develop an Internal Factor Evaluation (IFE) Matrix, explain what the company needs to improve on internally, and justify why it needs to be improved
c. Given the IFE, EFE, and CPM, is the company stronger internally, externally, competitively, or some/all?
d. Conduct a financial ratio analysis on the company. Calculate the ratios shown in the table below and compare them with the industry. Based on your comparison, is Microsoft a healthy company performing well on financial ratios?
Profit Margin Percent
Microsoft
Industry
Gross Margin
?
75.58
Pre-Tax Margin
?
35.06
Net Profit Margin
?
28.28
Liquidity Ratios
Debt/Equity Ratio
?
0.24
Current Ratio
?
2.77
Quick Ratio
?
2.58
Profitability Ratios
Return On Equity
?
28.41
Return On Assets
?
15.7
Return On Capital
?
22.77
Efficiency Ratios
Income/Employee
?
123,791
Revenue/Employee
?
470,524
Receivable Turnover
?
6.27
Inventory Turnover
?
12.75
Asset Turnover
?
0.56
8. Develop two of the five matrices for the company: SWOT Matrix, SPACE Matrix, IE Matrix, and Grand Strategy Matrix. Highlighting each of your strategies listed
9. Utilizing the strategies developed from your matrices, develop a QSPM AND explain your recommendations/fin.
Financial Statement Analysis Project
Valuation
Valuation
The last step of the project is to valuate the company and determine the buy price
We are going to introduce two valuation systems:
Margin of Safety price
Buy price based on Owner Earnings
2
Margin of Safety (MOS) Price
Step 1: EPS Trailing 12 month (EPS TTM)
Sum of EPS from the most recent 4 quarters (from Yahoo Finance or 10-Q)
Step 2: Future Growth Rate (FGR) – Key Parameter
You have calculated annual growth rates of Book Value, EPS, CFO, and Sales per share
Use these growth rates to come up your estimate of FGR (you just need to ball park a FGR, and it will be a rough estimate)
Your estimated FGR should be <= Analysts’ forecast of future growth
Step 3: Future EPS=EPS TTM × (1+FGR)10
Projected EPS in 10 years
Margin of Safety (MOS) Price
Step 4: Future P/E Ratio= 2 × FGR
Should be capped at historical high P/E ratio
Step 5: Future Value= Future EPS × Future P/E Ratio
Projected firm value in 10 years
Step 6: Fair Price= Future Value ÷ 4
Company’s fair value today
We want our money to double up every 5 years
Step 7: MOS Price= Fair price × 50%
I can help you with analysts’ forecast of FGR and historical high P/E ratio, as it can be challenging for you to find out
Buy Price based on Owner Earnings
This is the valuation method Buffett uses and explained in his 1986 Letter to Berkshire’s shareholders
We think of businesses like many people think of a real estate investment – a money making machine based on net profits generated
One way to look at a business is by analyzing cash flow generated after certain expenses. If you can keep a good profit after expenses and expect it to continue in the future, you have a good deal.
Buffett defines this cash flow as “Owner Earnings.”
We are looking to buy a great company at a price that will earn a 10% return (=Owner earnings) every year
Compute Owner Earnings
Pretax Income
+ Depreciation and Amortization
+/- Changes in Accounts Receivable
+/- Changes in Inventories
+/- Changes in Accounts Payable
- Maintenance CapEx (Total CapEx with Growth CapEx taken out)
----------------------
= Owner Earnings
Maintenance CapEx
Maintenance CapEx is the money the company spent to replace worn out property and equipment for the last fiscal year.
In real estate, this is like replacement of roof, countertop, carpet, and furnaces, etc.
The money spent on acquiring more real estate properties is Growth CapEx.
Most companies, however, do not separately report maintenance CapEx.
So we need to read 10-K to help us identify the maintenance CapEx.
Entry Point
Now you have two buy prices calculated. If your company is a great company you would like to own for the next 10 years, wait now until an event puts the company on sale
Great companies are often priced high (e.g., Costco, Chipotle, Ulta), and we don’t chase the stock
An event is an incident that causes the company’s stock price to decline sharply and puts the comp.
ACC644 Financial Statement Analysis
Comprehensive Project
OBJECTIVE
Financial Statement Analysis project involves a team of students analyzing financial statements of two (2) companies from the same industry and prepare a written analysis as well as recommendations.
ADDITIONAL RESOURCES
In addition to these guidelines, additional information is provided on the company’s Web site, library databases and the textbook including: formulas and guidelines for calculations, information about the two (2) companies being analyzed, and any special considerations related to the specific companies or current economic conditions.
DESCRIPTION
The team will be analyzing each company’s annual report (10-K filing), which serves as a “résumé” of a corporation. The Generally Accepted Accounting Principles (GAAP) and the Securities and Exchange Commission (SEC) provide much of the information in corporate annual reports and in the 10-K. Specifically, GAAP requires annual reports to disclose four financial statements: a Balance Sheet, a Statement of Cash Flows, an Income Statement and a Statement of Retained Earnings.
FINANCIAL STATEMENT ANALYSIS PROJECT
Spring 2015
FORMAT FOR PROJECT:
TITLE PAGE
The first page of the project is the title page, which lists the following:
• FINANCIAL STATEMENT ANALYSIS PROJECT
• Analysts’ (Participants’) Names
• Date
The body of the project must consist of the following six (6) sections - clearly marked.
SECTION 1: EXECUTIVE SUMMARY
In this section provide a brief overview of each of the two corporations. Participants are not limited but, at a minimum, should provide the following information for both companies:
• Official name of the corporation
• Location of the corporate headquarters
• The state in which the company is incorporated
• Company Internet address
• Stock symbol of the corporation and the exchange on which it is traded
• Fiscal year-end of the corporation
• Date of the 10-K filing according to the financial statements provided
• The company’s independent accountant/auditor
• The primary products(s) and/or services (s) of the corporation
SECTION 2: BALANCE SHEET ANALYSIS
1. Using elements listed on your company’s balance sheet, prepare a common size balance sheet using the following format. (Vertical Analysis Chapter 5)
COMPANY #1
Account
Current Year
%
Prior Year
‘ %
COMPANY #2
Account
Current Year
%
Prior Year
‘ %
2. Using elements listed on your company’s balance sheet calculate the increase or decrease in dollars and percent between the years using the following format. (Year to Year Change Analysis Chapter 5)
COMPANY #1
Account
Current Year
Prior Year
+/- $
%
COMPANY #2
Account
Current Year
Prior Year
+/- $
%
3. Using elements listed on your company’s balance sheet calculate the ratios and amounts using two years prior as the base year (100%) using the following format. Your answers should all be in percentages (Horizontal Analysis Chapter 5).
.
ACCOUNTING PROGRAM OVERVIEW: SEC 10K REPORT PROJECT FOR ACCT 321SophiaMorgans
This project for an accounting course challenges students to analyze the SEC 10-K report of a publicly traded US manufacturing corporation. Students will prepare three deliverables: a paper analyzing financial statements and key metrics, an Excel spreadsheet with financial ratios and calculations, and a PowerPoint presentation with recommendations for management based on cost analysis. The goal is for students to practice interpreting financial reports, comparing information across years and other companies, and identifying opportunities to improve profits.
Note to the userThis Word document provides a structure.docxhenrymartin15260
Note to the user:
This Word document provides a structured form template for preparing your responses to the questions in the annual report project. Simply complete the input required by the form. If you did not purchase the workbook you are not permitted to use this form template.
INTRODUCTION TO THE CORPORATE ANNUAL REPORT:
A Business Application with IFRS Content
3rd edition
Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to [email protected] or [email protected].
ISBN: 978-0-9841839-2-0
To be completed by the student and submitted with the completed annual report project according to your instructor’s requirements.
Complete the following form before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act.
1. Remove the front cover of the workbook and identify:
Student Name:
Term: Winter 2014
Selected Company: Monsanto Company
Instructor:
2. Print your completed electronic template.
3. Attach the following:
· This page completed with all required information.
· Completed Word form template. Form template boxes expand as you input responses.
Chapter 1 - Introduction
Select a Company and Gather Documents
Chapter 1: Select a Company and Gather Documents – Question 1
Identify with an “X” the primary source of data for this project.Click here to enter text.
Annual report to shareholders X
Annual report to shareholders with a letter from Chief Executive Officer and SEC Form 10-K as part of the annual report to shareholders. The annual report may include additional general company information. Click here to enter text.
SEC Form 10-K and the company website.
Fill in the page numbers from the annual report where the following are located.
Required information for this workbook project.
Page No.
Required information for this workbook project.
Page No.
Financial Highlights
· Not absolutely necessary, but very common in annual report to shareholders.
· Not in SEC Form 10-K. May be posted on company website. If so put WEB in Page No. box.
· If not available, put N/A in Page No. box.Second Page in Report but not labelled
Chief Executive Officer Letter
· May be labeled President’s, CEO’s or other top official’s message or letter to the shareholders
· Not in SEC Form 10-K. Likely posted on company website if SEC Form 10-K used to satisfy the annual report to shareholders reporting requirement. If so put WEB in Page No. box.WEB
Management’s Discussion and Analysis (MD&A)16-31
Notes to Financial Statements
· Put range of pages, for example, 47 to 58.43-88
Income Statement
May be labeled Statement of Earnings39-40
Report of Independent Accountants or Independent Auditors’ Report 89
Balance Sh.
Salesforce Summer 19 Release Overview Deck.
This presentation was made by Salesforce.com, Inc. (Release Readiness Team).
For more info please check:
https://success.salesforce.com/_ui/core/chatter/groups/GroupProfilePage?g=0F9300000001oku
BA 620 Managerial Finance Group Company Project Guidelines.docxwilcockiris
BA 620 Managerial Finance
Group Company Project Guidelines
Group/Company Project. One of the goals BA 620 Managerial Finance is to introduce you to
various concepts, theories, and methods of evaluating the financial strength of a company. This
paper is opportunities to put into practice these concepts, theories, etc. that apply to a company.
Select a publicly traded company and record your selection with me. During the course, it will be
your responsibility to use the class concepts to research the company and apply the class learning
to the information obtained about the company.
Important:
The professor will assign you to groups at the beginning of this class.
Each group will be assigned one or more companies to analyze.
Please note that the professor reserves the right to modify the
requirements of the group project.
Guide to Group Company Analysis
Part I (40 points)
A. Research and then describe your company's primary business activities. Include:
1. A brief historical summary,
2. A list of competitors,
3. The company's position within the industry,
4. Recent developments within the company/industry,
5. Future direction, and
6. Other items of significance to your corporation.
B. Include information from a variety of resources. For example:
1. Consult the Form 10-K filed with the SEC.
2. Review the Annual Report and especially the Letter to Shareholders
3. Explore the corporate website.
4. Select at least two significant news items from recent business periodicals
C. Submit a written report that is 5-7 pages long. The report should be well written with cover
page, introduction, body of paper (with appropriate subheadings), conclusion, and
reference page. References must be appropriately cited. Be sure to address all of the
points in Section A above, using all of the resources listed in Section B. Format: Double-
spaced, one-inch margins, using a 12-point Times New Roman font.
D. Due Date: Last day of Week/Module 2
Part II (60 points):
The purpose of the second part of the comprehensive project is to compute financial statement
ratios. Based on the company you selected in Part I, complete the following:
A. Compute the following ratios for two years. You may use Excel to compute your ratios.
1. Debt ratio
2. Gross profit margin
3. Free cash flow
4. Times interest earned
5. Accounts receivable turnover
6. Inventory turnover
B. Prepare a DuPont Analysis of ROE for two years, including computations of
1. Return on Sales
2. Asset Turnover
3. Return on Assets
4. Financial Leverage
5. Return on Equity
C. Briefly evaluate the ratio trends. Indicate on your worksheet whether each ratio is:
1. stronger / weaker
2. quicker /slower
3. more / less liquid
4. more / less risk
D. Write a 3-6 page report evaluating trends in all of the above ratios. Discuss whether your
company's profitability, efficiency, liquidity, and solvency are improving or d.
BA 620 Managerial Finance Group Company Project Guidelines.docxrosemaryralphs52525
BA 620 Managerial Finance
Group Company Project Guidelines
Group/Company Project. One of the goals BA 620 Managerial Finance is to introduce you to
various concepts, theories, and methods of evaluating the financial strength of a company. This
paper is opportunities to put into practice these concepts, theories, etc. that apply to a company.
Select a publicly traded company and record your selection with me. During the course, it will be
your responsibility to use the class concepts to research the company and apply the class learning
to the information obtained about the company.
Important:
The professor will assign you to groups at the beginning of this class.
Each group will be assigned one or more companies to analyze.
Please note that the professor reserves the right to modify the
requirements of the group project.
Guide to Group Company Analysis
Part I (40 points)
A. Research and then describe your company's primary business activities. Include:
1. A brief historical summary,
2. A list of competitors,
3. The company's position within the industry,
4. Recent developments within the company/industry,
5. Future direction, and
6. Other items of significance to your corporation.
B. Include information from a variety of resources. For example:
1. Consult the Form 10-K filed with the SEC.
2. Review the Annual Report and especially the Letter to Shareholders
3. Explore the corporate website.
4. Select at least two significant news items from recent business periodicals
C. Submit a written report that is 5-7 pages long. The report should be well written with cover
page, introduction, body of paper (with appropriate subheadings), conclusion, and
reference page. References must be appropriately cited. Be sure to address all of the
points in Section A above, using all of the resources listed in Section B. Format: Double-
spaced, one-inch margins, using a 12-point Times New Roman font.
D. Due Date: Last day of Week/Module 2
Part II (60 points):
The purpose of the second part of the comprehensive project is to compute financial statement
ratios. Based on the company you selected in Part I, complete the following:
A. Compute the following ratios for two years. You may use Excel to compute your ratios.
1. Debt ratio
2. Gross profit margin
3. Free cash flow
4. Times interest earned
5. Accounts receivable turnover
6. Inventory turnover
B. Prepare a DuPont Analysis of ROE for two years, including computations of
1. Return on Sales
2. Asset Turnover
3. Return on Assets
4. Financial Leverage
5. Return on Equity
C. Briefly evaluate the ratio trends. Indicate on your worksheet whether each ratio is:
1. stronger / weaker
2. quicker /slower
3. more / less liquid
4. more / less risk
D. Write a 3-6 page report evaluating trends in all of the above ratios. Discuss whether your
company's profitability, efficiency, liquidity, and solvency are improving or d.
Individual Case Analysis GuidelinesRead the assigned case and .docxjaggernaoma
Individual Case Analysis Guidelines
Read the assigned case and prepare answers to ALL of the following:
1. What is the company’s major problem (e.g., what decision must be made? what choice must be faced?)? Justify why you believe this is the major problem (e.g., what are some of the symptoms that you believe attribute to the major problem)
2. What is the company’s current overall objective(s)?
3. What are the current strategies to help the organization achieve its current objective(s)?
4. Using the company’s mission statement, identify which components were utilized
5. Create your “improved” mission statement utilizing all components and identify each component in your “improved” mission statement
6. How attractive is the industry (e.g., size, growth rate, profitability, competitive intensity, Porter’s 5 forces) to companies currently in the industry? And to companies who would like to enter the industry? (FYI. When you finish answering this question, you should know: 1) if you are considering entering in this industry, do you want to enter in to this industry or 2) if you are currently in this industry, do you want to stay in this industry.)
7. Conduct a Situation/SWOT Analysis (internal and industry analyses)
a. Conduct an industry analysis (external audit)
i. What are the company’s external opportunities and threats?
ii. Develop an External Factor Evaluation (EFE) Matrix, explain what the company needs to improve on externally, and justify why it needs to be improved
iii. Identify the company’s major competitors, develop a Competitive Profile Matrix (CPM), explain what the company needs to improve on competitively, and justify why it needs to be improved
b. Conduct internal analysis
i. What are the company’s internal strengths and weaknesses?
ii. Develop an Internal Factor Evaluation (IFE) Matrix, explain what the company needs to improve on internally, and justify why it needs to be improved
c. Given the IFE, EFE, and CPM, is the company stronger internally, externally, competitively, or some/all?
d. Conduct a financial ratio analysis on the company. Calculate the ratios shown in the table below and compare them with the industry. Based on your comparison, is Microsoft a healthy company performing well on financial ratios?
Profit Margin Percent
Microsoft
Industry
Gross Margin
?
75.58
Pre-Tax Margin
?
35.06
Net Profit Margin
?
28.28
Liquidity Ratios
Debt/Equity Ratio
?
0.24
Current Ratio
?
2.77
Quick Ratio
?
2.58
Profitability Ratios
Return On Equity
?
28.41
Return On Assets
?
15.7
Return On Capital
?
22.77
Efficiency Ratios
Income/Employee
?
123,791
Revenue/Employee
?
470,524
Receivable Turnover
?
6.27
Inventory Turnover
?
12.75
Asset Turnover
?
0.56
8. Develop two of the five matrices for the company: SWOT Matrix, SPACE Matrix, IE Matrix, and Grand Strategy Matrix. Highlighting each of your strategies listed
9. Utilizing the strategies developed from your matrices, develop a QSPM AND explain your recommendations/fin.
This document provides discussion questions about Plato's Symposium focusing on the speeches of Diotima and Aristophanes. It asks the reader to analyze Diotima's arguments about the nature of desire and how it relates to immortality, education, and creativity. It also asks the reader to compare and contrast Aristophanes' view of love as a desire for wholeness with the view presented by Diotima in Plato's text. The questions are meant to critically engage with the different perspectives on love presented in Plato's Symposium and explain the philosophical arguments.
For-profit colleges aggressively recruit students and rely heavily on federal financial aid. While this aid allows many to attend college, some students are left with debts they cannot repay if the degrees do not lead to well-paying jobs or the schools provide a subpar education. Critics argue this is an unfair burden on students and taxpayers, and that for-profit schools prioritize profits over student outcomes. Students faced with unusable degrees or inability to repay loans due to the schools' practices deserve recourse from the colleges that arranged their financing.
This 5-year strategic plan for a university aims to address 6 specific goals: increasing enrollment, retention, and graduation rates for first-time freshmen; boosting professional job placement and enrollment in graduate/professional schools; and growing professional certificate programs for students before graduation.
Spinoza and Maimon were among the first Jews to join.docxwrite30
Spinoza and Maimon were among the first Jews to join the mainstream of Western philosophical tradition, breaking from traditional Judaism. They both pursued philosophical careers independently of Jewish religious authority, though they differed in their views and outcomes.
Spanish Tongue Oppression in the United States.docxwrite30
This document outlines the format for writing a source critique paper, including an introduction providing background on the work being critiqued, a thesis statement, a summary of the work, and sections for interpreting and evaluating the work's organization, style, effectiveness, treatment of topics, and appeal to particular audiences. The outline concludes with a section for the conclusion. The document also includes hashtags related to the topic of Spanish tongue oppression in the United States.
Socrates believed that the unexamined life is not worth living, as humans should constantly question their own beliefs and ideas to discover truth. He used dialectics and the Socratic method of questioning to uncover truths. Most agree that remaining willfully ignorant prevents a fully satisfying life, as knowledge allows us to better understand ourselves and the world around us.
Enkidu curses Shamhat as he lays dying for introducing him to civilization and causing him to forget his original wild nature. While he blames Shamhat, he also blames Gilgamesh for not saving him from death. Enkidu's curse of Shamhat and blame of Gilgamesh shows his despair at his impending death and loss of the wild, uncivilized life he once knew according to the Epic of Gilgamesh.
Using the data in the extracts and your economic evaluate.docxwrite30
The unemployment rate in the UK remains high at 7.7% according to the Labour Force Survey. Different policies could be used to try to reduce unemployment such as increasing aggregate demand through fiscal and monetary policy stimulus or implementing active labor market policies to help the unemployed find work through job training and placement programs.
The document discusses a new benefit plan for Carter Cleaning Centers. It asks to create a policy on vacations, sick leave and paid days off. It also asks to discuss the advantages and disadvantages of providing health, hospitalization and life insurance to employees. Finally, it asks whether a day care center for employees should be established and why or why not.
Themed of Faith in the Middle and Europe.docxwrite30
The document provides instructions for a themed essay assignment on empires of faith in the Middle East, Asia, and Europe during the 2nd grading period. Students must write a minimum 750-word essay identifying and discussing 3 historical themes from a provided list as they relate to the histories studied this grading period. Each theme paragraph must be at least 250 words and students cannot reuse themes from previous assignments. The essay must have the student's name in the title and include the hashtags #Themed #EssayEmpires #Faith #Middle #East #Asia #Europe.
The Effect of Simulation on Identification of.docxwrite30
Unit-based simulation was found to improve nurses' identification of patient deterioration. Nurses participated in simulation training focused on early recognition of patient decline using realistic scenarios. Nurses who received the simulation training demonstrated better identification of changes in patient condition and earlier response times in subsequent simulations compared to nurses who did not receive the initial training. The unit-based simulation was an effective way to enhance nurses' skills in identifying deterioration in patients' health.
This document provides guidance for writing about the relationship with a place in MLA format. Students are asked to explore a place they have a connection to, and identify some element of dissonance or issue within that relationship to examine critically. They must then communicate their cultural and self-examination of the place and what it means to them through writing. Examples given of suitable places include New York City, a grandma's house, or their childhood home.
Write about the a fellow student in Residency at The.docxwrite30
Dr. Ansari is a neurosurgery fellow at the Pacific Neuroscience Institute who recently completed his residency at Indiana University School of Medicine. He earned his medical degree from Indiana University in 2012 after graduating summa cum laude from the University of Kentucky with a degree in biology. Dr. Ansari has received several honors and awards throughout his education and training, including membership in the Alpha Omega Alpha Honor Medical Society. He is licensed to practice medicine in California.
Jared Diamond called the adoption of agriculture "The Worst Mistake in the History of the Human Race" due to its disadvantages compared to hunting and gathering. Agriculture led to denser populations and the rise of social hierarchies, but reduced health and leisure time. While it allowed for technological advances, early agricultural societies saw increased work, disease, and inequality. The video and readings present evidence both supporting and opposing Diamond's view by comparing the lifestyles and effects of agriculture versus hunting and gathering.
Telephony signaling has two main requirements: to set up and tear down calls between phones and to transmit additional call related information. There are three main categories of signaling: in-band, out-of-band, and common channel signaling. Telephony signaling establishes connections for telephone calls and transmits additional data about the call. Signaling has evolved from analog to digital methods and now incorporates internet technologies.
The document discusses three sociological paradigms - functionalism, conflict theory, and the sociology of everyday life - and how they would approach the study of popular music. Functionalism views music as fulfilling social needs and maintaining social stability. Conflict theory sees music as reflecting social inequalities and serving the interests of dominant groups. The sociology of everyday life examines how music shapes people's daily experiences and is incorporated into their routines and social interactions.
This document discusses the sources and collection of data used in a research study. It instructs the reader to write a 700-1050 word paper identifying and discussing the data collection instrument and sampling method used in the chosen research study for Week One. The paper should follow APA formatting guidelines.
This document outlines the requirements for an exposure assessment report on a chemical contaminant of interest. It must be 10 pages long and include an executive summary, table of contents, list of figures and tables, and references section. The body of the report must discuss pathways of human exposure, reported concentrations in environments, exposure limits, and provide an independent evaluation of the contaminant. At least 15 references must be cited from technical sources to support the analysis.
This document provides instructions for a species briefing report, asking students to research and write an 800 word report on a California native plant or introduced alien plant that is impacting the state's ecosystems. The report should briefly summarize the selected plant species, its origins, impacts and issues it is causing in California, with included images, maps or graphs as relevant.
The document describes the IS-MP model, which shows equilibrium in the goods and services market using the IS curve and Federal Reserve monetary policy using the MP curve. A decrease in financial frictions would shift the IS curve to the right, an autonomous easing of monetary policy would shift the MP curve to the right, an increase in inflation would shift the IS curve to the left, and increased optimism about the economy would shift the IS curve to the right.
This document provides discussion questions about Plato's Symposium focusing on the speeches of Diotima and Aristophanes. It asks the reader to analyze Diotima's arguments about the nature of desire and how it relates to immortality, education, and creativity. It also asks the reader to compare and contrast Aristophanes' view of love as a desire for wholeness with the view presented by Diotima in Plato's text. The questions are meant to critically engage with the different perspectives on love presented in Plato's Symposium and explain the philosophical arguments.
For-profit colleges aggressively recruit students and rely heavily on federal financial aid. While this aid allows many to attend college, some students are left with debts they cannot repay if the degrees do not lead to well-paying jobs or the schools provide a subpar education. Critics argue this is an unfair burden on students and taxpayers, and that for-profit schools prioritize profits over student outcomes. Students faced with unusable degrees or inability to repay loans due to the schools' practices deserve recourse from the colleges that arranged their financing.
This 5-year strategic plan for a university aims to address 6 specific goals: increasing enrollment, retention, and graduation rates for first-time freshmen; boosting professional job placement and enrollment in graduate/professional schools; and growing professional certificate programs for students before graduation.
Spinoza and Maimon were among the first Jews to join.docxwrite30
Spinoza and Maimon were among the first Jews to join the mainstream of Western philosophical tradition, breaking from traditional Judaism. They both pursued philosophical careers independently of Jewish religious authority, though they differed in their views and outcomes.
Spanish Tongue Oppression in the United States.docxwrite30
This document outlines the format for writing a source critique paper, including an introduction providing background on the work being critiqued, a thesis statement, a summary of the work, and sections for interpreting and evaluating the work's organization, style, effectiveness, treatment of topics, and appeal to particular audiences. The outline concludes with a section for the conclusion. The document also includes hashtags related to the topic of Spanish tongue oppression in the United States.
Socrates believed that the unexamined life is not worth living, as humans should constantly question their own beliefs and ideas to discover truth. He used dialectics and the Socratic method of questioning to uncover truths. Most agree that remaining willfully ignorant prevents a fully satisfying life, as knowledge allows us to better understand ourselves and the world around us.
Enkidu curses Shamhat as he lays dying for introducing him to civilization and causing him to forget his original wild nature. While he blames Shamhat, he also blames Gilgamesh for not saving him from death. Enkidu's curse of Shamhat and blame of Gilgamesh shows his despair at his impending death and loss of the wild, uncivilized life he once knew according to the Epic of Gilgamesh.
Using the data in the extracts and your economic evaluate.docxwrite30
The unemployment rate in the UK remains high at 7.7% according to the Labour Force Survey. Different policies could be used to try to reduce unemployment such as increasing aggregate demand through fiscal and monetary policy stimulus or implementing active labor market policies to help the unemployed find work through job training and placement programs.
The document discusses a new benefit plan for Carter Cleaning Centers. It asks to create a policy on vacations, sick leave and paid days off. It also asks to discuss the advantages and disadvantages of providing health, hospitalization and life insurance to employees. Finally, it asks whether a day care center for employees should be established and why or why not.
Themed of Faith in the Middle and Europe.docxwrite30
The document provides instructions for a themed essay assignment on empires of faith in the Middle East, Asia, and Europe during the 2nd grading period. Students must write a minimum 750-word essay identifying and discussing 3 historical themes from a provided list as they relate to the histories studied this grading period. Each theme paragraph must be at least 250 words and students cannot reuse themes from previous assignments. The essay must have the student's name in the title and include the hashtags #Themed #EssayEmpires #Faith #Middle #East #Asia #Europe.
The Effect of Simulation on Identification of.docxwrite30
Unit-based simulation was found to improve nurses' identification of patient deterioration. Nurses participated in simulation training focused on early recognition of patient decline using realistic scenarios. Nurses who received the simulation training demonstrated better identification of changes in patient condition and earlier response times in subsequent simulations compared to nurses who did not receive the initial training. The unit-based simulation was an effective way to enhance nurses' skills in identifying deterioration in patients' health.
This document provides guidance for writing about the relationship with a place in MLA format. Students are asked to explore a place they have a connection to, and identify some element of dissonance or issue within that relationship to examine critically. They must then communicate their cultural and self-examination of the place and what it means to them through writing. Examples given of suitable places include New York City, a grandma's house, or their childhood home.
Write about the a fellow student in Residency at The.docxwrite30
Dr. Ansari is a neurosurgery fellow at the Pacific Neuroscience Institute who recently completed his residency at Indiana University School of Medicine. He earned his medical degree from Indiana University in 2012 after graduating summa cum laude from the University of Kentucky with a degree in biology. Dr. Ansari has received several honors and awards throughout his education and training, including membership in the Alpha Omega Alpha Honor Medical Society. He is licensed to practice medicine in California.
Jared Diamond called the adoption of agriculture "The Worst Mistake in the History of the Human Race" due to its disadvantages compared to hunting and gathering. Agriculture led to denser populations and the rise of social hierarchies, but reduced health and leisure time. While it allowed for technological advances, early agricultural societies saw increased work, disease, and inequality. The video and readings present evidence both supporting and opposing Diamond's view by comparing the lifestyles and effects of agriculture versus hunting and gathering.
Telephony signaling has two main requirements: to set up and tear down calls between phones and to transmit additional call related information. There are three main categories of signaling: in-band, out-of-band, and common channel signaling. Telephony signaling establishes connections for telephone calls and transmits additional data about the call. Signaling has evolved from analog to digital methods and now incorporates internet technologies.
The document discusses three sociological paradigms - functionalism, conflict theory, and the sociology of everyday life - and how they would approach the study of popular music. Functionalism views music as fulfilling social needs and maintaining social stability. Conflict theory sees music as reflecting social inequalities and serving the interests of dominant groups. The sociology of everyday life examines how music shapes people's daily experiences and is incorporated into their routines and social interactions.
This document discusses the sources and collection of data used in a research study. It instructs the reader to write a 700-1050 word paper identifying and discussing the data collection instrument and sampling method used in the chosen research study for Week One. The paper should follow APA formatting guidelines.
This document outlines the requirements for an exposure assessment report on a chemical contaminant of interest. It must be 10 pages long and include an executive summary, table of contents, list of figures and tables, and references section. The body of the report must discuss pathways of human exposure, reported concentrations in environments, exposure limits, and provide an independent evaluation of the contaminant. At least 15 references must be cited from technical sources to support the analysis.
This document provides instructions for a species briefing report, asking students to research and write an 800 word report on a California native plant or introduced alien plant that is impacting the state's ecosystems. The report should briefly summarize the selected plant species, its origins, impacts and issues it is causing in California, with included images, maps or graphs as relevant.
The document describes the IS-MP model, which shows equilibrium in the goods and services market using the IS curve and Federal Reserve monetary policy using the MP curve. A decrease in financial frictions would shift the IS curve to the right, an autonomous easing of monetary policy would shift the MP curve to the right, an increase in inflation would shift the IS curve to the left, and increased optimism about the economy would shift the IS curve to the right.
🔥🔥🔥🔥🔥🔥🔥🔥🔥
إضغ بين إيديكم من أقوى الملازم التي صممتها
ملزمة تشريح الجهاز الهيكلي (نظري 3)
💀💀💀💀💀💀💀💀💀💀
تتميز هذهِ الملزمة بعِدة مُميزات :
1- مُترجمة ترجمة تُناسب جميع المستويات
2- تحتوي على 78 رسم توضيحي لكل كلمة موجودة بالملزمة (لكل كلمة !!!!)
#فهم_ماكو_درخ
3- دقة الكتابة والصور عالية جداً جداً جداً
4- هُنالك بعض المعلومات تم توضيحها بشكل تفصيلي جداً (تُعتبر لدى الطالب أو الطالبة بإنها معلومات مُبهمة ومع ذلك تم توضيح هذهِ المعلومات المُبهمة بشكل تفصيلي جداً
5- الملزمة تشرح نفسها ب نفسها بس تكلك تعال اقراني
6- تحتوي الملزمة في اول سلايد على خارطة تتضمن جميع تفرُعات معلومات الجهاز الهيكلي المذكورة في هذهِ الملزمة
واخيراً هذهِ الملزمة حلالٌ عليكم وإتمنى منكم إن تدعولي بالخير والصحة والعافية فقط
كل التوفيق زملائي وزميلاتي ، زميلكم محمد الذهبي 💊💊
🔥🔥🔥🔥🔥🔥🔥🔥🔥
How Barcodes Can Be Leveraged Within Odoo 17Celine George
In this presentation, we will explore how barcodes can be leveraged within Odoo 17 to streamline our manufacturing processes. We will cover the configuration steps, how to utilize barcodes in different manufacturing scenarios, and the overall benefits of implementing this technology.
This presentation was provided by Rebecca Benner, Ph.D., of the American Society of Anesthesiologists, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptxEduSkills OECD
Iván Bornacelly, Policy Analyst at the OECD Centre for Skills, OECD, presents at the webinar 'Tackling job market gaps with a skills-first approach' on 12 June 2024
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
pls follow the instructions below use apple as the company.docx
1. pls follow the instructions below use apple as the company
Applying Marketing Concepts to a Real-World BusinessThis assignment will require you to
apply marketing concepts to a real-world company. You may continue researching the
company you chose for Discussion 4 Applying Management Concepts or you may change to
a different company. If you decide to change companies, go to the link for Reserving Your
Company to reserve your new company. Please make sure no one else has already reserved
it. If you decide to stay with the same company you used for Discussion 4, there is no need
to re-reserve it.You will be using the following company sources to prepare your report:10-
K ReportAnnual ReportWeb siteThe 10-K is an annual report that publicly-traded
companies are required to submit to the SEC. It is a less pretty, more detailed version of the
Annual Report that is sent to stockholders. The 10-K can be found on the company’s web
site. Start by looking for a link for Investors. From there, look for a link for financial reports
or SEC filings. Look for a pull-down box that allows you to search for “annual” SEC filings.
Choose the most recent 10-K report available.Use the following headings to organize your
report.Name of Company: Company Name, Ticker Symbol10-K: provide the complete URL
for the 10-K reportAnnual Report: provide the complete URL for the Annual
ReportCompany Web Site: type the URL of the company’s web siteCompany Overview (2
points): Part I, Item 1 of the 10-K report will provide an overview of the company’s business
model. It is okay to copy and paste directly from 10-K for this part of the report as long as
you cite your source immediately following the pasted information.Segment Data (5 points):
Item 1 also includes information on how the company segments its business. Often, there is
a sentence that reads “Our company consists of the following operating segments…” Most
often, companies segment their business according to product lines or geographically.In
either Item 1 or Item 7 of the 10-K, you will find information showing how much each
product line or segment contributes to sales, also known as revenues, and/or operating
profits, also known as operating income. List the company’s operating segments along with
how much each segment contributes to sales/profits in percentage terms. Be sure to label
the data.If the data you find is in dollars, you will need to convert it to percentages. The 10-K
contains lots of data presented in percentage terms. Be careful not to select data showing
the percentage increase or decrease from the previous period. The percentages for all
segments combined should total 100.Note: Please do not include extraneous information in
this section. The inclusion of immaterial information will result in a deduction.Description
2. of Product Lines/Segments (3 points): Create a heading for each segment and describe its
products or services. It is okay to copy and paste directly from the 10-Ks for this part of the
report as long as you cite your source immediately following the pasted information.Note:
Please do not include information in this section that isn’t requested. The inclusion of
immaterial information will result in a deduction.Competitive Advantage (5 points): Review
the text to develop an understanding of what is meant by “competitive advantage.” In your
own words describe how the company has created a competitive advantage. Fully support
your evaluation with specific information from the research you have done.Final Tip: Be
sure to include the name of the company, its ticker symbol, and the URLs to your company’s
Annual Report and 10-K Report.