This is an assignment that focuses on how to analyze and interpret financial statement. The assignment contains annual reports to use in the analyzing and interpretation.
How to analyze and interpret financial statement
In this assignment you will learn how to analyze and interpret financial statements. Locate an annual report or a business plan that contains financial statements for any firm and focus on the income statement and balance sheet. If you cannot locate an annual report or business plan containing these financial components then contact me for assistance. In this two page paper, you will explain your interpretation of the company’s financial position as displayed through the income statement and balance sheet for the time period being assessed. If industry averages are available use them to assist you in your assessment by utilizing financial ratios.
This paper is your opinion based upon and substantiated by the research you have conducted. Remember you must cite your sources at least two times in the paper and you must use APA. Be sure you have an introduction, an analysis and a conclusion. The following describes how this paper will be graded. The questions and comments below are for you to read and consider before turning in your work. Also, further information can be found in articles, and other online references such as Yahoo Finance or Google Finance.
See the APA Resource attachment under Course Documents for APA Citation Guidelines, and keep in mind Wikipedia is not an academic resource. Your paper will answer the following issues (not necessarily in this order): • Briefly provide background information regarding the company. • Do you feel the company’s revenues are sufficient, relative to their expenses? • Are the company’s assets sufficient, relative to their liabilities? • Lastly, what is the basis for your position?