Students... Current and Long Term Liabilities are an important component of the Balance Sheet. The level of debt a company maintains is often an indicator of financial health. For this discussion, locate the most recent annual report of a U.S. GAAP based public company you are interested in and provide the following information: NOTE: As we begin our discussions, MAKE SURE you have a U.S. GAAP based company annual report. You can tell this by reviewing the Auditors Report. It states what standards the audit was based on. I will not accept a discussion if you did not obtain the financial data from the actual annual report and it is not US GAAP based. Do NOT use secondary sources such as Yahoo Finance, etc. 1. Name of the company, date of the fiscal year end, and the hyperlink to the financial statements you are using. 2. Provide the total amounts reported for a) Current Liabilities and b) Long-Term Liabilities for the company for the two years included in the annual report. Note that all long-term liabilities are not necessarily under that specific title - anything that is not listed as current and is not stockholders equity is a long-term obligation. 3. Calculate and provide the Current Ratio (Ch12, Section 12.4) and the Debt to Assets Ratio (Ch13, Section 13.4) for the two years included in the annual report. 4. Comment on the company's ability to cover both its short and long-term obligations based on your review and analysis. Any major concerns, issues? 5. Comment on one (or more) other post from another student that you find interesting. Note that you will not see other posts until you make your first post to the discussion board. Make your post substantive and in direct response to the findings of your classmate. Please complete this discussion board assignment by the due date.

NOTE: As we begin our discussions. MAKE SURE you have a U.S. GAAP based company annual report. You can tell this by reviewing the Auditors Report. It states what standards the audit was based on. I will not accept a discussion if you did not obtain the financial data from the actual annual report and it is not US GAAP based. Do NOT use secondary sources such as Yahoo Finance, etc. 1. Name of the company, date of the fiscal year end, and the hyperlink to the financial statements you are using. 2. Provide the total amounts reported for a) Current Liabilities and b) Long-Term Liabilities for the company for the two years included in the annual report. Note that all long-term liabilities are not necessarily under that specific title - anything that is not listed as current and is not stockholders equity is a long-term obligation. 3. Calculate and provide the Current Ratio (Ch12, Section 12,4) and the Debt to Assets Ratio (Ch13, Section 13.4) for the two years included in the annual report. 4. Comment on the company's ability to cover both its short and long-term obligations based on your review and analysis. Any major concerns, issues? 5. Comment on one (or more) other post from another student that you find interesting. Note that you will not see other posts until you make your first post to the discussion board. Make your post substantive and in direct response to the findings of your classmate. Please complete this discussion board assignment by the due date NOTE: As we begin our discussions. MAKE SURE you have a U.S. GAAP based company annual report. You can tell this by reviewing the Auditors Report. It states what standards the audit was based on. I will not accept a discussion if you did not obtain the financial data from the actual annual report and it is not US GAAP based. Do NOT use secondary sources such as Yahoo Finance, etc. 1. Name of the company, date of the fiscal year end, and the hyperlink to the financial statements you are using. 2. Provide the total amounts reported for a) Current Liabilities and b) Long-Term Liabilities for the company for the two years included in the annual report. Note that all long-term liabilities are not necessarily under that specific title - anything that is not listed as current and is not stockholders equity is a long-term obligation. 3. Calculate and provide the Current Ratio (Ch12, Section 12,4) and the Debt to Assets Ratio (Ch13, Section 13.4) for the two years included in the annual report. 4. Comment on the company's ability to cover both its short and long-term obligations based on your review and analysis. Any major concerns, issues? 5. Comment on one (or more) other post from another student that you find interesting. Note that you will not see other posts until you make your first post to the discussion board. Make your post substantive and in direct response to the findings of your classmate. Please complete this discussion board assignment by the due date