XACC 290 Week 9 Financial Reporting Problem, Part 2

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Individual
Financial
Reporting Problem, Part 2


Access the Internet to acquire a copy of the most recent annual report for
the publicly traded company used to complete the Financial Reporting Problem,
Part 1 assignment due in Week Six.
 
Analyze the information contained in the company’s balance sheet and income
statement to answer the following questions:
 
·        
Are the assets
included under the company’s current assets listed in the proper order?
Explain your answer.
·        
How are the
company’s assets classified?
·        
What are cash
equivalents?
·        
What are the
company’s total current liabilities at the end of its most recent annual
reporting period?
·        
What are the
company’s total current liabilities at the end of the previous annual
reporting period?
·        
Considering all the
information you have gathered, why might this information be important to
potential creditors, investors, and employees?
 
Summarize the analysis in a 700- to 1,050-word paper in a Microsoft® Word
document.
Include a copy of the company’s balance sheet and income statement.
Format your paper and presentation consistent with APA guidelines.


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