Any of the following companies Please provide the financial statements for the years 2020, 2019...

80.2K

Verified Solution

Question

Accounting

Any of the following companies Please provide the financial statements for the years 2020, 2019 and 2018 Google, Amazon, Walmart, Apple, and Facebook You are required to compute the ratios listed below for each of the three years for your project. For every calculation, show the reference to the page number of the annual report where the ratio components were found. For numbers that have been restated in more current years, you are to use the most current years report available. Do not use ratios computed by industry sources; you are to compute your own. If a certain ratio cannot be computed, explain this fact.

  1. Current ratio
  2. Debt to Equity
  3. Debt to Assets
  4. Asset Turnover (an efficiency measure)
  5. Return on Sales or Net Profit Margin (a profitability measure)
  6. Return on equity
  7. Return on Investment
  8. Earnings Per Share
  9. A/R Turnover ratio & Average Days to Collect
  10. Inventory Turnover & Average Days to Sell

Part II. Answer the following questions for each of the three years for your company. Show the reference to the page number of the annual report where you looked to answer each question. A. What does the company report as an extraordinary item, discontinued operations, or change in accounting principle? B. What inventory costing method(s) is used? C. What depreciation method(s) is used? D. Compare the cash inflow (outflow) differentiated between operating, financing, and investing activities. Briefly interpret this. E. Describe the classes of stock for the company, commenting on the relative significance of each. F. Who is the company's auditor? G. Is the auditor's opinion unqualified or qualified? If qualified, explain the reason(s) for the qualification.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students