Please choose a publicly traded company to work on. You may select a company whose securities are
Question:
Please choose a publicly traded company to work on. You may select a company whose securities are traded on the NYSE, AMEX or NASDAQ. Please do not select a company that is a financial institution or services company. The company should sell merchandise.
Part I
1. Fill in some basic information about your company.
Name of company _____________McDonalds_________________________
Principal exchange where the company trades _________NYSE______
Market price of the stock _________$119.29_______ as of ________December 5, 2016_____ (date)
Annual dividend __________________.94______________________
Last dividend paid on ___________November 29, 2016________________________
2. Read the business summaries and management’s discussion and analysis (MD&A). Summarize the remarks (ex. Poor operating results/expansion plans/sale of a division, etc.)
3. What kinds of products and/or services does the corporation provide/sell?
4. a . Which accounting/auditing firm audited the financial statements?
b. Did the auditor’s report indicate any problems or exceptions?
5. a. Did you find any new terms within the financial statements?
b. Did you find the presentation of the financial statements clear? Why or why not?
Part II
Indicate the formula to be used and insert the amounts used in computing each ratio. Express your answer in suitable units (percentages, decimals etc.)
Current ratio
Quick ratio
Receivable turnover
Average days sales uncollected
Inventory turnover
Profit margin
Return on assets
Return on Equity
Earnings per share
Debt to equity ratio
Dividend yield
Price earnings ratio (use price from question 1 and EPS from question 6-i)
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman