Question: Preliminary Instructions The Financial Statement Analysis Project (FSA) is a semester long project in three parts that correspond to the material covered each class. Instructions:

Preliminary Instructions The Financial Statement
Preliminary Instructions The Financial Statement Analysis Project (FSA) is a semester long project in three parts that correspond to the material covered each class. Instructions: 1) Choose ONE of the following companies for your FSA project. You will use this company for all five weekly assignments. . Target . Apple . Nike . Amazon 2) Access the company's most recent annual report (10-K). You can find all publicly tradec companies' filings on Edgar's https://www.sec.gov/edgar/searchedgar/companysearch. html. The Edgar's site allows you to download the financials in Excel which makes it easier to work with when analyzing the companies. Go ahead and do this now. 1.(1pt) Name of company_ 2. (2pts) Fiscal year end 3. (2pts) Company's net income for the current year 4. (4pts) Did net income increase or decrease?_ By how much? 5. (3pts) What was the company's accounting equation (current year)? 6. (4pts) Which accounts on the current year balance sheet are accrual type accounts? 7.(4pts) Compare the company's net income on the income statement to net cash flow from operating activities on the statement of cash flows. Which is larger? By how much? Why? Net income: Net cash flow from operating activities:Preliminary Instructions The Financial Statement Analysis Project (FSA) is a semester long project in three parts that correspond to the material covered each class. Instructions: 1) Choose ONE of the following companies for your FSA project. You will use this company for all five weekly assignments. . Target . Apple . Nike . Amazon 2) Access the company's most recent annual report (10-K). You can find all publicly tradec companies' filings on Edgar's https://www.sec.gov/edgar/searchedgar/companysearch. html. The Edgar's site allows you to download the financials in Excel which makes it easier to work with when analyzing the companies. Go ahead and do this now. 1.(1pt) Name of company_ 2. (2pts) Fiscal year end 3. (2pts) Company's net income for the current year 4. (4pts) Did net income increase or decrease?_ By how much? 5. (3pts) What was the company's accounting equation (current year)? 6. (4pts) Which accounts on the current year balance sheet are accrual type accounts? 7.(4pts) Compare the company's net income on the income statement to net cash flow from operating activities on the statement of cash flows. Which is larger? By how much? Why? Net income: Net cash flow from operating activities

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!