Assignment 4: Understanding the Numbers for Better Decisions It is the management’s responsibility to maximize shareholder wealth as it is based on the organization's future cash flows. To accomplish this, managers have to understand how to use financial statements for analysis. In this assignment, you will explain the importance of the statements to the financial reporting process and management decisions. Tasks: Locate the financial statements of a publicly-traded company of your choice by visiting the organization's Web site or the investor section of the following Web site: U.S. Securities and Exchange Commission http://www.sec.gov/ . Review the information presented in the financial statements of the company you selected. Using the company you selected, calculate one ratio for a three-year period from each category located at http://www.netmba.com/finance/financial/ratios/ . Describe what the trends you see might mean for your company. Compare your company’s ratios with those of the industry it is in. Analyze the financial reporting information and the financial health of the company with the help of the calculated ratios. Describe the information you did not see in the financial statements or the notes to the financial statements. Write a 2–3-page research paper. Apply APA standards to citation of sources. Submission Details: By Wednesday, April 1, 2015 , Assignment 4 Grading Criteria Effectively analyzed and then reported the findings relative to the financial statements and the financial health of the organization. Appropriate financial ratios have been selected and computed. Articulated key points in a clear, logical, and professional manner, with supporting evidence wherever required. Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. .

1. Assignment 4: Understanding the Numbers for Better Decisions
It is the management’s responsibility to maximize shareholder
wealth as it is based on the organization's future cash flows. To
accomplish this, managers have to understand how to use
financial statements for analysis.
In this assignment, you will explain the importance of the
statements to the financial reporting process and management
decisions.
Tasks:
Locate the financial statements of a publicly-traded company of
your choice by visiting the organization's Web site or the
investor section of the following Web site:
U.S. Securities and Exchange Commission
http://www.sec.gov/
.
Review the information presented in the financial statements of
the company you selected.
Using the company you selected, calculate one ratio for a three-
year period from each category located at
http://www.netmba.com/finance/financial/ratios/
.
Describe what the trends you see might mean for your company.
Compare your company’s ratios with those of the industry it is
in.
Analyze the financial reporting information and the financial
health of the company with the help of the calculated ratios.
Describe the information you did not see in the financial
statements or the notes to the financial statements.
Write a 2–3-page research paper. Apply APA standards to

2. citation of sources.
Submission Details:
By
Wednesday, April 1, 2015
,
Assignment 4 Grading Criteria
Effectively analyzed and then reported the findings relative to
the financial statements and the financial health of the
organization.
Appropriate financial ratios have been selected and computed.
Articulated key points in a clear, logical, and professional
manner, with supporting evidence wherever required.
Wrote in a clear, concise, and organized manner; demonstrated
ethical scholarship in accurate representation and attribution of
sources; displayed accurate spelling, grammar, and punctuation.