55 questions

Individual Learning 55 Question Form

General Information

1. What is the name of your corporation? Click here to enter text.

2. Where are the corporate headquarters? Click here to enter text.

3. What is the corporation’s fiscal year end? Click here to enter text.

4. What are the primary products or services of the corporation? Click here to enter text.

5. Graph the high and low price of the company’s stock for each quarter of the last two years. What was the high and what was the low? Click here to enter text.

6. Who is the company’s transfer agent and where are they located? Click here to enter text.

7. Who are your company’s competitors? Click here to enter text.

Market Information:

8. On which stock exchange is your corporation’s stock traded? Click here to enter text.

9. What is the current market price of their stock? Click here to enter text.

10. What is the ticker symbol used to identify your corporation on the stock exchange? Click here to enter text.

Internet Information:

11. What is the Internet address of your corporation? Be sure it appears as a hyperlink. Click here to enter text.

12. Is the corporation’s Annual Report online? Click here to enter text.

13. Are its financial statements on-line? Click here to enter text.

14. Is your company listed on Annualreports.com? Click here to enter text.

15. How long is your company’s 10-K report at the Securities and Exchange Commission website (Edgar Database)? Click here to enter text.

Cash Flow and Retained Earnings:

16. List the amount of cash flows from each of the 3 activities: Operating, Investing, and Financing for the 2 most recent years. What was the increase or decrease in cash for each of these years? Click here to enter text.

17. Were there any Non-Cash Investing/Financing Transactions? Describe the type and amount. Click here to enter text.

18. What is the dollar difference between accrual net income and Cash provided by Operations? Click here to enter text.

19. What investing activity provided the largest inflow of cash in the current year? Click here to enter text.

20. What investing activity used the largest amount of cash in the current year? Click here to enter text.

21. What financing activity provided the largest inflow of cash in the current year? Click here to enter text.

22. What financing activity used the largest amount of cash in the current year? Click here to enter text.

23. Does the company have sufficient cash inflows from the appropriate category? Describe any problems the company many experience with cash flow from your analysis of the cash flow statement. Click here to enter text.

24. Show the change in Retained Earnings for the 2 most recent years. What was net income for each year? How much was paid out in dividends each year? Click here to enter text.

25. Were the dividends on common stock and/or preferred stock? What was the amount of each? Click here to enter text.

26. Did Retained Earnings change for any reasons other than net income or dividends? Explain. Click here to enter text.

27. What classes of stock does your company have? Click here to enter text.

28. How many shares of each class of stock are authorized, how many are issued, and how many are outstanding? Click here to enter text.

29. Does your company have any treasury stock? How many shares and what dollar amount? Click here to enter text.

30. What is the par or stated value of each of your company’s stocks? Click here to enter text.

Footnote Disclosures:

31. How many footnote disclosures does your company have? Click here to enter text.

32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies? Click here to enter text.

33. What does it include as Cash and Cash Equivalents? Click here to enter text.

34. What method does it use to value Inventory? Click here to enter text.

35. What method(s) does it use to depreciate its assets? Click here to enter text.

36. Does it have any leased assets? If yes, describe them. Click here to enter text.

37. What policies does it have in regard to Foreign Currency Translations? Click here to enter text.

38. Describe any pending lawsuits in which it is involved. Click here to enter text.

39. Provide its Earnings per Share for the 2 most recent years? Click here to enter text.

Report of the Independent Auditor(s):

40. Who is/are your company’s auditor(s)? Click here to enter text.

41. Where are they located? Click here to enter text.

42. Does the auditor(s) give a qualified opinion, an unqualified opinion, a disclaimer of opinion, or an adverse opinion? What does that opinion mean? Is it good? Click here to enter text.

43. What is the auditor’s responsibility in regard to the financial statements? Click here to enter text.

44. What is management’s responsibility in regard to the financial statements? Click here to enter text.

45. What financial statements were included in the auditor’s opinion? Click here to enter text.

46. Did the auditor believe that the statements were presented fairly? Click here to enter text.

Management’s Report:

47. Who bears the responsibility for the integrity and the objectivity of the financial statements? Click here to enter text.

48. What does management say they are doing to assure the public that the financial information is reliable? Click here to enter text.

49. What is the responsibility of the Audit Committee of the Board of Directors? Click here to enter text.

Analysis: (use Excel to complete this section)

50. Provide common-size analysis of your company’s income statement and balance sheet for the 2 most recent years (must be done using Excel with formulas).

51. Provide horizontal analysis of your company’s income statement and balance sheet, showing the dollar amount and percent of change using the 2 most recent years (you must use an Excel spreadsheet with formulas).

52. Perform ratio analysis on your company using the ratios listed on page 705 of your text (these must be in an Excel spreadsheet, using formulas to calculate the ratios). You should present them in a similar format as the text: group by category, list name of ratio, formula in words, and the ratio calculation. Give a short explanation of your conclusions about your company after each category of ratios (i.e. How liquid is your company? How efficiently is it using its assets? etc.).

Conclusions:

53. Are you optimistic or pessimistic regarding the future of your chosen corporation? Explain. Click here to enter text.

54. Would you invest in the stock of the company? Explain. Click here to enter text.

55. Would you invest in the bonds of the company? Explain. Click here to enter text.

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