ACCOUNTING FINAL PAPER & PPT
Verizon Communications Inc. is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City but is incorporated in Delaware.
Verizon Wireless is an American telecommunications company which offers wireless products and services. It is estimated to provide service to 154million subscribers as of 2018. It's second largest wireless telecommunications provider in the United States behind AT&T.
An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. The front part of the report often contains an impressive combination of graphics, photos, and an accompanying narrative, all of which chronicle the company's activities over the past year and may also make forecasts about the future of the company. The back part of the report contains detailed financial and operational information.
Income statement can be found on pages 39 & 40
Balance sheet can be found on page 41
Cash Flow statement can be found on page 42
References:
Annual Report (July 2019): Retrieved from: https://www.investopedia.com/terms/a/annualreport.asp
Verizon 2019 Annual Report: Retrieved from: https://www.verizon.com/about/sites/default/files/annual-report/2019/downloads.html
In this assignment you selected a publicly traded company and found their annual report. Now that you have their financial information I would like you to perform a ratio analysis on the financial statements. Focus on the financial statement analysis chapter (PDF) you are reading this week. You will want to compute ratios for your company for the last two years. Do not compute each ratio you learned about for your company. There may be some that are not relevant. Rather focus on those eight ratios that you feel are the most important and relevant to analyze how your company is doing. Make sure to justify the ratios that you choose for your analysis. Compare how your company has done to the industry averages. Do you notice any trends that are positive or negative? Does anything look good or bad that is notable? Do you have any suggestions on things they could be doing to improve these ratios? Please analyze what you found for each of the eight ratios. Then organize your findings into a 15 minute presentation. Be sure to include some background on your company in your presentation.
Submission Details:
· 15 minute presentation
· Please use PowerPoint for your presentation.
· Due by the end of the day on Sunday of this week