FINANCIAL RATIOS FOR A PUBLICLY

ACCT202 SUMMER 2018 ONLINE SPECIAL ASSIGNMENT

FINANCIAL RATIOS FOR A PUBLICLY–OWNED COMPANY OF YOUR CHOICE

DIRECTIONS:

TO SEE A SAMPLE REPORT FOR GUIDANCE, PLEASE REVIEW THIS SEPARATE FILE:

“ACCT202 SPECIAL ASSIGNMENT SAMPLE WITH COMMENTS - AMAZON”

SUBMIT THIS REPORT THROUGH THE CANVAS SITE AS A WORD DOCUMENT ATTACHMENT

CHOOSE A COMPANY that is widely known with a publicly-held stock.

COMPLETE this FORM.

SAVE the completed form as a WORD document with your Last name in the file name:

ACCT202 SUMMER 18 SPECIAL ASSIGNMENT YOUR LAST NAME.docx

The DUE DATE IS AUGUST 17TH AT 11 PM.

From the Syllabus:

SPECIAL ASSIGNMENT:

Each student must chose a publically held company and submit, at the end of the term, a structured financial analysis that follows the PowerPoint a WORD document format provided by the instructor. The details and the submission will be delivered and presented through the Canvas site. It accounts for 10% of the overall grade.

PLEASE REVIEW CHAPTER 12 AND EXHIBIT 12-10 ON PAGES 587 & 588 IN OUR COURSE TEXTBOOK:

FINANCIAL ACCOUNTING-W/MYACCOUNTINGLAB | Edition: 4TH 17

Author: KEMP ISBN: 9780134436111 Publisher: PEARSON

IMPORTANT PARAMETERS:

You must select three consecutive years .

REMINDER: For balance sheet references that require an “average” level, use the prior & current year’s balance.

For Year 2 data – use the average between Years One and Two: [(YEAR 1 + YEAR 2) ÷ 2]

For Year 3 data - use the average between Years Two and Three: [(YEAR 2 + YEAR 3) ÷ 2]

NOTE: Use Year Two as a “Base” Year. When making your comments, please address the PERCENTAGE CHANGE in the RATIO between years Two and Three.

For example:

YEAR 2	YEAR 3	Change (YEAR 3 – YEAR 2)	% Change (Change ÷YEAR 2)	Comment
2.0	2.4	0.4	20%	This small change of 0.4 is actually a 20% increase over the YEAR 2 level!

Be sure to recognize the magnitude of changes on a percentage basis. In this example, the CHANGE FROM YEAR 2 TO YEAR 3 OF 0.4 IS ACTUALLY A LARGE 20% CHANGE FROM THE BASE YEAR!

It’s a 20% change from 2.0 (0.4÷2.0 = 20%) – not a just a change of a meager four-tenths.

Here is the Format and the Form you should use:

ACCT202 SUMMER 2017 ONLINE SPECIAL ASSIGNMENT FORM

THROUGH MODULES IN CANVAS, SUBMIT A WORD DOCUMENT AS AN UPLOAD IN THE CANVAS ASSIGNMENT WITH THIS TILE:

ACCT202 SUMMER 18 SPECIAL ASSIGNMENT YOUR LAST NAME.docx

For example, a student named Gloria Sebastian would submit:

ACCT202 SUMMER 18 SPECIAL ASSIGNMENT SEBASTIAN.docx

COMPUTE THESE RATIOS AND ADD YOUR OWN COMMENTS:

YOUR NAME ___________________________

DEFINE YOUR MOST PRODUCTIVE DATA SOURCE ___________________________________

(Web search for a 10-K REPORT) USE: http://www.sec.gov/edgar/searchedgar/companysearch.html

Please use other web-based sources – there are many that display the financial ratios.

COMPANY NAME __________________________ YEAR 1 = ___________ YEAR 2 = __________ YEAR 3 = __________

This WORD Table will expand to capture all your inputs and will retain its formatting…

Liquidity Ratios	YEAR 2	YEAR 3	Change (YEAR 3 – YEAR 2)	% Change (Change ÷YEAR 2)	Comment
Current ratio
Receivables Turnover
Inventory Turnover

Profitability Ratios	YEAR 2	YEAR 3	Change (YEAR 3 – YEAR 2)	% Change (Change ÷YEAR 2)	Comment
Profit Margin
Asset Turnover
Return on Assets
Return on Common stockholder’s equity
Earnings per Share
Price-earnings Ratio
Payout Ratio

Solvency Ratios	YEAR 2	YEAR 3	Change (YEAR 3 – YEAR 2)	% Change (Change ÷YEAR 2)	Comment
Debt to Total Assets Ratio
Times Interest Earned

Please show your computations here: