ACC110 Financial Statement Report 1. Go to www.sec.gov . Under the heading “Fili

ACC110 Financial Statement Report
1. Go to www.sec.gov . Under the heading “Filings and Forms” choose “search for company
filings”. Enter your company’s ticker symbol. Find the company’s form 10-K Annual Report.
Print the balance sheet, income statement, statement of cash flows, and statement of
stockholders’ equity (Only print these 4 pages. Do not print the entire 10K)
2. Calculate 12 of the following for the current year:
a. Earnings Per Share
b. Working Capital
c. Current Ratio
d. Quick Ratio
e. Receivables Turnover
f. Days in Receivable
g. Inventory Turnover
h. Days in Inventory
i. Profit Margin Ratio
j. Gross Profit Ratio
k. Return on assets
l. Return on common stockholders’ equity
m. Price-earnings Ratio
n. Payout Ratio
o. Debt to total assets
p. Times interest earned
q. Free Cash Flow
3. Choose 3 from the above list and calculate for the prior year. Write a paragraph comparing the
current year to prior year and discuss. You should submit a total of three paragraphs for this
part.
4. Locate the Notes to the Financial Statements and choose 3 of them. Describe them in your own
words. I strongly recommend you choose topics you are familiar with (Depreciation, Revenue
Recognition, Accounts Receivable, PP&E, etc). You should submit a total of three paragraphs
for this part.
5. Which accounting firm performed the audit?
Submit as an assignment in WileyPlus (Excel & Word documents as attachments).

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