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ACC 561 Week 1 Individual Assignment Financial Statements//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-561-week-1-individual-assignment-financial-statements<br><br>Instructions: Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company's liquidity, solvency, and profitability. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials Tutorial help on Excelu00ae and Word functions can be found on the Microsoftu00ae Office website. There are also additional tutorials via the web offering support for Office products. Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past. Research the company on the Internet and download the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows. Develop a minimum 700-word examination of the financial statements and include the following: <br>u2022tDetermine the net income for the current fiscal year (FY). Is this income up or down from the prior year?<br>u2022tExplain the relevance of changes in net income to investors.<br>u2022tDetermine the ending balance in shareholders' equity. Why would organizations such as labor unions be interested in this?<br>u2022tDetermine the total value of assets.<br>u2022tDiscuss the relevance of the total value of assets to potential creditors and why this is important.<br>u2022tCompute the return on assets. Discuss the relative profitability of the company based on your results.<br>u2022tCompute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results.<br>u2022tCompute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company.<br>u2022tDiscuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making? Show your work in Microsoftu00ae Word or Excelu00ae. Complete calculations/computations using Microsoftu00ae Word or Excelu00ae. Include the four financial statements along with your assignment. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-561-week-1-individual-assignment-financial-statements<br>
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