As a team, select an industry to analyze. Using your web browser, each team member should access

Question:

As a team, select an industry to analyze. Using your web browser, each team member should access the annual report or 10- K for one publicly traded company in the industry, with each member selecting a different company. (See S1- 3 in Chapter 1 for a description of possible resources for these tasks.)
Required:
1. On an individual basis, each team member should write a short report that incorporates the following:
a. Describe the depreciation methods used.
b. Compute the percentage of fixed asset cost that has been depreciate
d. What does this imply about the length of time the assets have been depreciated?
c. Compute the fixed ratios for the current and prior years. What does this tell you about the efficiency of the company’s asset use?
d. Describe the kinds of , if any, that the company reports on the balance sheet.
2. Then, as a team, write a short report comparing and contrasting your companies using these attributes. Discuss any patterns across the companies that you as a team observe. Provide potential explanations for any differences discovered. Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented... Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.