Financial and Managerial Cost Analysis | MBA5000

| June 5, 2016

Question
To support your development of this comprehensive project, drafts of the deliverable elements will be due in Weeks 2, 3, and 5. You will post these drafts to the Discussion Area. The milestones are:

Milestone 1—Draft of Introduction
Milestone 2—Draft of Financial Statements and Accounting Policies
Milestone 3—Draft of Financial Analysis and Conclusion
Complete a financial analysis project on the company of your choice; the company you choose must be publicly traded. The Financial Analysis Assignment focuses on:

The process and application of financial statement development and analysis in a real-world situation.
The application of ratios for comparative analysis based on standard metrics.
Analytical tools for interpreting results of financial statements.
Internal controls and business processes.
Instructions:
You will select a publicly traded company from the SEC filings (http://sec.gov/edgar/searchedgar/webusers.htm) and analyze the financial statements (for the most recent complete year) based on the factors outlined below.

Introduction—Milestone 1 due Tuesday, December 10, 2013)

Company overview
Name of CEO/CFO
Location of the corporate/home office
Ending date of latest fiscal year
Description of the main products/services that the company provides
Main geographic area of activity
Name of company’s independent auditors. Explain what the auditors said about the company’s financial statements.
The most recent stock price and its dividend per share. Include the date for this information.
Financial Statements—Milestone 2

Discuss the major financial statements in detail. What formats are used? What significant trends (over three years) can you find? What is the future forecast, or what do the pro forma statements indicate?

Accounting Policies—Milestone 2

What are the significant accounting policies relating to revenue recognition, short-term investments, cash, inventories, and property and equipment? What are some of the major topics of the disclosure notes to the statements?

Provide a brief summary of the Management Discussion and Announcement (MDA) section.
Discuss key internal controls, business processes, and transactions.
Financial Analysis—Milestone 3 due Wednesday, December 11, 2013

For the past three years, calculate and discuss the importance of the following ratios:
Liquidity Ratios—working capital, current ratio, quick/acid-test ratio, receivable turnover, average day’s sales uncollected, inventory turnover, average day’s inventory on hand, operating cycle
Profitability Ratios—profit margin, asset turnover, return on assets, debt-to-equity ratio, return on equity
Long-Term Solvency Ratios—debt-to-equity ratio, debt to total assets, times interest earned, cash debt coverage
Cash Flow Ratios—cash flow yield, cash flows to sales, cash flows to assets, free cash flow
Market Strength Ratios—Earnings per share, price-earnings per share, payout ratio, book value per share
Also, include an overview of the company’s operating segments and divisions/subsidiaries, if applicable.
Conclusion—Milestone 3 due Monday, December 16

As you completed the financial statement process and analysis for a publicly traded company, what was the most beneficial finding? What part of this exercise did you find most interesting?
If you had $1 million, would you invest in this company? Why, or why not?
How risky would you perceive your investment to be?
How would you present your interpreted results of financial statements to your chosen company’s stakeholders (stockholders, employees, customers, etc.)? What key metrics would you highlight and why?
Suggested Resources

Textbook
Library resources
SEC filings
Online resources:

.yahoo.com/”>http://finance.yahoo.com/

.investopedia.com/university/financialstatements/”>http://www.investopedia.com/university/financialstatements/

.philau.edu/lermackh/financial_analysis.htm”>http://faculty.philau.edu/lermackh/financial_analysis.htm

.uofs.edu/faculty/gramborw/tufsa.html”>http://academic.uofs.edu/faculty/gramborw/tufsa.html

For the first couple of assignments or Milestones 1 and 2, I am willing to Pay $45 for the Introduction to the Company (Milestone 1) and (Milestone 2) Financial Statements and Accounting Policies,and $20 for Financial Analysis—Milestone 3 due Wednesday, December 11, 2013 and$30 for Conclusion—Milestone 3 due Monday, December 16.

I will include a $ bonus if all Milestone assignments can be completed by Wednesday, December 11, 2013

Order your essay today and save 30% with the discount code: ESSAYHELPOrder Now