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Survey of Accounting for general Business Project 3, Assignments of Business Accounting

Survey of Accounting for general business, ACTG 3000. Monica Davis 2025

Typology: Assignments

2024/2025

Uploaded on 11/27/2024

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Project 2 – 25 points
ACTG3000
For your second project, you will use the Income Statement and Balance Sheet of a real
corporation to calculate ratios and determine changes/trends using financial items from
them.
Instructions:
1. Copy to PDF (Google Chrome is best browser) or Word document the income
statement and balance sheet of a publicly traded corporation. Use
Marketwatch.com:
oType the ticker or company name in the “search” box
oSelect ‘Financials’ from the menu
oSelect “annual data (default),” not “quarterly data,” for your company’s financial
statements.
oBe sure all 5 years of data are included in your file.
oIf you are struggling with printing the statements, please include the url’s
for those webpages in your project submission.
2. On a separate page, show me your calculations for the most current year for the
following ratios and answer the following questions:
a. Current Ratio
b. Debt Ratio
c. For all 5 years given, what kind of change (up and down) can you detect year to
year in Total Revenues on the Income Statement?
d. For all 5 years given, what kind of change (up and down) can you detect year to
year in Net Income on the Income Statement?
e. Does the change in Total Revenues match the change in Net Income year to
year? Yes or No (circle one)
Upload to the Project 2 Dropbox:
1. The two financial statements (the Income Statement and the Balance Sheet) or url’s
2. The ratio calculations and changes/trends noted for a – e above on a separate page
include the name of the company on this page.

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Project 2 – 25 points

ACTG

For your second project, you will use the Income Statement and Balance Sheet of a real corporation to calculate ratios and determine changes/trends using financial items from them. Instructions:

  1. Copy to PDF (Google Chrome is best browser) or Word document the income statement and balance sheet of a publicly traded corporation. Use Marketwatch.com : o Type the ticker or company name in the “search” box o Select ‘Financials’ from the menu o Select “annual data (default),” not “quarterly data,” for your company’s financial statements. o Be sure all 5 years of data are included in your file. o If you are struggling with printing the statements, please include the url’s for those webpages in your project submission.
  2. On a separate page, show me your calculations for the most current year for the following ratios and answer the following questions: a. Current Ratio b. Debt Ratio c. For all 5 years given , what kind of change (up and down) can you detect year to year in Total Revenues on the Income Statement? d. For all 5 years given, what kind of change (up and down) can you detect year to year in Net Income on the Income Statement? e. Does the change in Total Revenues match the change in Net Income year to year? Yes or No (circle one) Upload to the Project 2 Dropbox :
  3. The two financial statements (the Income Statement and the Balance Sheet) or url’s 2. The ratio calculations and changes/trends noted for a – e above on a separate page
    • include the name of the company on this page.