Part I.
Overview
Choose a U.S. public company that you are familiar with or one in which you may have an interest. You will now have the opportunity to apply some of the concepts reviewed in the prior assignments to the financial statements of a company of your choice. The background material in weekâs 2 and 3 cover the concepts relating to the balance sheet and income statement.
Assignment Requirement
⢠Briefly explain your interest in the company and its business.
⢠Go to the companyâs website and locate the most recent annual financial statement (10-K or Annual Report). Include a screenshot of the website and a link to the financial statement in your write-up.
⢠Download and save the financial statement. Submit the file as separate file as part of the assignment.
⢠Does the corporation have an operating income or loss?
⢠What is the amount of total assets on the balance sheet?
⢠What type of the information is found in Statement of shareholders equity?
⢠What type of the information is found in Statement of cash flows?
⢠How is the statement of cash flow different than the income statement?
⢠The report includes a lot of information in addition to the financial statements. Provide examples of two other kinds of content and makes a brief comment about each example.
Sample Solution
alternatively, despite the fact that a number of the population became not supportive of the government spending a significant majority of the money on a public transit machine, when it could were spent on different sectors of the economic system including schooling, a bit of the population become eagerly awaiting for the assignment to be finished. one of the reasons being that the Metro bus could fee $zero.19 (approximately 20 PKRs) per adventure which is cheaper than most of the alternative approach of transit and the overall populace might be capable of get to their vacation spot in half of the time it formerly took them to journey on different modes of public delivery. similarly to this, every other aspect for the populaceâs fervent expectation of the Metro bus project to complete, become because of the reasoning that it would help local economies even as on the same time, encourage business investments as well as worldwide companies to relax in Rawalpindi. due to this, new employment opportunities could be created and thus, it might flourish Pakistanâs financial system, increasing human beingsâs preferred of residing. this will result in a higher quantity of human capital being utilized and as a result decorate financial increase. also, a part of the populace was of the view that this domino effect could entice tourism and so fourth, the net foreign income getting into the country could growth. though, the general publicâs differing perspectives went unheard and the development of the Metro bus started out. shortly after, a studies changed into performed and it confirmed that despite the fact that a hundred and fifty,000 passengers had been predicted to ride the bus, best 80,000 passengers in the end, had been utilizing the advantages of the bus. The aftereffect of this discrepancy cause it being intricate for the management to address the gas expenses for 68 buses, when simplest 35 of the buses have been being applied. therefore, this cultivated congestion in the Metro buses that have been currently walking, for the duration of top travelling hours. A in addition studies showed that because of the enormous front time, passengers who travel quick distances select not to travel through the Metro bus and clients who travel long distances, simplest achieve this at the same time as going to their offices. as a result, this does not produce as many passengers as the management had formally predicted it might. due to one of these minor part of the populace journeying thru the metro bus, the bus goes right into a loss, since a single bus journey fees approximately nine,100 PKRs, whereas, it earns simplest approximately 2,six hundred PKRs and this generates a loss of 6,500 PKRs per each experience. therefore, the aftermath of this loss resulted inside the authorities of Punjab taking heavy loans with a view to pay for the subsidies and as a consequence decided to break up the amount among itself and the CDA (capital improvement authority). but, the capital improvement authority did now not concede to>
alternatively, despite the fact that a number of the population became not supportive of the government spending a significant majority of the money on a public transit machine, when it could were spent on different sectors of the economic system including schooling, a bit of the population become eagerly awaiting for the assignment to be finished. one of the reasons being that the Metro bus could fee $zero.19 (approximately 20 PKRs) per adventure which is cheaper than most of the alternative approach of transit and the overall populace might be capable of get to their vacation spot in half of the time it formerly took them to journey on different modes of public delivery. similarly to this, every other aspect for the populaceâs fervent expectation of the Metro bus project to complete, become because of the reasoning that it would help local economies even as on the same time, encourage business investments as well as worldwide companies to relax in Rawalpindi. due to this, new employment opportunities could be created and thus, it might flourish Pakistanâs financial system, increasing human beingsâs preferred of residing. this will result in a higher quantity of human capital being utilized and as a result decorate financial increase. also, a part of the populace was of the view that this domino effect could entice tourism and so fourth, the net foreign income getting into the country could growth. though, the general publicâs differing perspectives went unheard and the development of the Metro bus started out. shortly after, a studies changed into performed and it confirmed that despite the fact that a hundred and fifty,000 passengers had been predicted to ride the bus, best 80,000 passengers in the end, had been utilizing the advantages of the bus. The aftereffect of this discrepancy cause it being intricate for the management to address the gas expenses for 68 buses, when simplest 35 of the buses have been being applied. therefore, this cultivated congestion in the Metro buses that have been currently walking, for the duration of top travelling hours. A in addition studies showed that because of the enormous front time, passengers who travel quick distances select not to travel through the Metro bus and clients who travel long distances, simplest achieve this at the same time as going to their offices. as a result, this does not produce as many passengers as the management had formally predicted it might. due to one of these minor part of the populace journeying thru the metro bus, the bus goes right into a loss, since a single bus journey fees approximately nine,100 PKRs, whereas, it earns simplest approximately 2,six hundred PKRs and this generates a loss of 6,500 PKRs per each experience. therefore, the aftermath of this loss resulted inside the authorities of Punjab taking heavy loans with a view to pay for the subsidies and as a consequence decided to break up the amount among itself and the CDA (capital improvement authority). but, the capital improvement authority did now not concede to>
