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[Get Answer ]-Xacc 290 Week 6 Assignment

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Individual

FinancialReporting Problem, Part 1

Financial_Accounting_6e_Ch04 (6).pdf


Browsethe Internet to acquire a copy of the most recent annual report for apublicly traded company.

Analyzethe information contained in the company’s balance sheet and income statementto answer the following questions:

· What are the company’s total assets at the endof its most recent annual reporting period? Why is this important?

· What are the total assets at the end of theprevious annual reporting period?

· How much cash and cash equivalents did thecompany have at the end of its most recent annual reporting period?

· What amount of accounts payable did thecompany have at the end of its most recent annual reporting period?

· What amount of accounts payable did the companyhave at the end of the previous annual reporting period?

· What are the company’s net revenues for thelast three annual reporting periods?

· What is the change in dollars in the company’snet income from its most recent annual reporting period to the previousannual reporting period?

· What are the company’s total current assets atthe end of its most recent annual reporting period?

· What are the total current assets at the endof the previous annual reporting period?

· What in the information above would beimportant to a potential investor, employee, and so on?

Summarize theanalysis in a 700- to 1,050-word paper in a Microsoft® Worddocument.

Includea copy of the company’s balance sheet and income statement.

Formatyour paper consistent with APA guidelines.

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