Part 2
Write a five- to seven-page comparative financial statement analysis of the three companies listed below, formatted according to APA style as outlined in the UAGC Writing Center. In this analysis, you will discuss the financial health of these companies with the ultimate goal of making a recommendation to other investors. Your paper should consist of the following sections: Company Overview, Comparison of Accounting Methods, Ratio Analysis, Final Recommendation, Conclusions. You will also submit an appendix as a separate document. Additional research may be necessary to provide company background information, or to support your analysis and recommendations. Your paper needs to include a minimum of two scholarly, peer-reviewed, and/or credible resources in addition to the textbook as references.
Download the Form 10-K for each company.
The Coca-Cola Company: Form 10-K (Links to an external site.) – Financial statements and notes start on page 60.
Accounts receivable, page 81
Inventories, page 82
Depreciation, page 96
Goodwill, page 83
Keurig Dr Pepper Annual Report (Links to an external site.)
Click on the 2018 Annual Report
Accounts receivable, page 72
Inventories, page 72
Depreciation, page 73
Goodwill, page 74
PepsiCo Annual Report (Links to an external site.) – Financial statements and notes start on page 79.
Accounts receivable, page 124
Inventories, page 89
Depreciation, page 95
Goodwill, page 88
Here is a breakdown of the sections within the body of the assignment (Use paragraph headings to indicate each section):
Company Overview
Provide a brief overview of the three companies (at least two pages). What industry is it in? What are its main products or services? Who are its competitors? Where is the company located?
Ratio Analysis
Calculate the current ratio, quick ratio, gross profit percentage, inventory turnover, accounts receivable turnover and asset turnover ratios for all three companies for the current year.
Note: Cash includes cash and cash equivalents and short term investments.
Explain how the ratio is calculated and discuss and interpret the ratios that you calculated.
Discuss potential liquidity issues based on your calculations of the current and quick ratios.
Are there any factors that could be erroneously influencing the results of the ratios?
Discuss liquidity issues of the three companies.
Comparison of Accounting Methods
In your paper, ascertain from the notes of the financial statements the following:
Explain the difference between the allowance method and the direct write off method for accounts receivable. Document the method used for each of the three companies.
Explain the difference between the straight line, double declining balance and the unit-of-production depreciation methods. Document the method used for each of the three companies.
Explain the difference between LIFO and FIFO and document the method used for each of the three companies.
Explain the different categories of intangible assets and document the method used for each of the three companies.
Recommendation
Based on your analysis, would you recommend an individual invest in these companies? What strengths do you see? What risks do you see? It is perfectly acceptable to state that you would recommend avoiding this company, as long as you provide support for your position.
Conclusions
Include an appendix in a separate document. The appendix must include screenshots of the financial statements and information obtained for the receivables, intangible assets, depreciation, and inventory. You can get help with creating an appendix in APA format by using the UAGC Writing Center’s guide, Tables, Images, & Appendices (Links to an external site.).
The Financial Statement Analysis Final Paper
Must be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the UAGC Writing Center’s APA Style. (Links to an external site.)
Must include a separate title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).
Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the UAGC Writing Center resources.
Must use at least two scholarly/peer-reviewed and/or credible resources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.
Must document any information used from sources in APA style as outlined in the UAGC Writing Center’s Citing Within Your Paper (Links to an external site.)
Must include a separate references page that is formatted according to APA style as outlined in the UAGC Writing Center. See the Formatting Your References List (Links to an external site.) resource in the UAGC Writing Center for specifications.
Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.
Part 2
Write a five- to seven-page comparative financial statement analysis of the three companies listed below, formatted according to APA style as outlined in the UAGC Writing Center. In this analysis, you will discuss the financial health of these companies with the ultimate goal of making a recommendation to other investors. Your paper should consist of the following sections: Company Overview, Comparison of Accounting Methods, Ratio Analysis, Final Recommendation, Conclusions. You will also submit an appendix as a separate document. Additional research may be necessary to provide company background information, or to support your analysis and recommendations. Your paper needs to include a minimum of two scholarly, peer-reviewed, and/or credible resources in addition to the textbook as references.
Download the Form 10-K for each company.
The Coca-Cola Company: Form 10-K (Links to an external site.) – Financial statements and notes start on page 60.
Accounts receivable, page 81
Inventories, page 82
Depreciation, page 96
Goodwill, page 83
Keurig Dr Pepper Annual Report (Links to an external site.)
Click on the 2018 Annual Report
Accounts receivable, page 72
Inventories, page 72
Depreciation, page 73
Goodwill, page 74
PepsiCo Annual Report (Links to an external site.) – Financial statements and notes start on page 79.
Accounts receivable, page 124
Inventories, page 89
Depreciation, page 95
Goodwill, page 88
Here is a breakdown of the sections within the body of the assignment (Use paragraph headings to indicate each section):
Company Overview
Provide a brief overview of the three companies (at least two pages). What industry is it in? What are its main products or services? Who are its competitors? Where is the company located?
Ratio Analysis
Calculate the current ratio, quick ratio, gross profit percentage, inventory turnover, accounts receivable turnover and asset turnover ratios for all three companies for the current year.
Note: Cash includes cash and cash equivalents and short term investments.
Explain how the ratio is calculated and discuss and interpret the ratios that you calculated.
Discuss potential liquidity issues based on your calculations of the current and quick ratios.
Are there any factors that could be erroneously influencing the results of the ratios?
Discuss liquidity issues of the three companies.
Comparison of Accounting Methods
In your paper, ascertain from the notes of the financial statements the following:
Explain the difference between the allowance method and the direct write off method for accounts receivable. Document the method used for each of the three companies.
Explain the difference between the straight line, double declining balance and the unit-of-production depreciation methods. Document the method used for each of the three companies.
Explain the difference between LIFO and FIFO and document the method used for each of the three companies.
Explain the different categories of intangible assets and document the method used for each of the three companies.
Recommendation
Based on your analysis, would you recommend an individual invest in these companies? What strengths do you see? What risks do you see? It is perfectly acceptable to state that you would recommend avoiding this company, as long as you provide support for your position.
Conclusions
Include an appendix in a separate document. The appendix must include screenshots of the financial statements and information obtained for the receivables, intangible assets, depreciation, and inventory. You can get help with creating an appendix in APA format by using the UAGC Writing Center’s guide, Tables, Images, & Appendices (Links to an external site.).
The Financial Statement Analysis Final Paper
Must be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the UAGC Writing Center’s APA Style. (Links to an external site.)
Must include a separate title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).
Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the UAGC Writing Center resources.
Must use at least two scholarly/peer-reviewed and/or credible resources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.
Must document any information used from sources in APA style as outlined in the UAGC Writing Center’s Citing Within Your Paper (Links to an external site.)
Must include a separate references page that is formatted according to APA style as outlined in the UAGC Writing Center. See the Formatting Your References List (Links to an external site.) resource in the UAGC Writing Center for specifications.
Week 4 Assignment 2 – Financial Reporting Review of Local Government
Overview
Refer to the readings, discussions, and homework for Weeks 1–3 for this assignment.
Review the financial statements and audit reports for a local county or municipality of your choice.
The financial statements of the government you selected should have at least three funds.
Instructions
Write a 3–5 page paper in which you do the following:
Compare and contrast the Comprehensive Annual Financial Report (CAFR) of the selected local government entity with the government entity identified in the Week 1 homework.
In your comparison, include the following:
The publication method of the CAFR.
Audit and budget information in the CAFR.
The type of audit report issued.
The existence or nonexistence of an internal audit function within the government entity.
Prepare the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the Continuing Problem CAFR from Chapter 2.
Analyze the methods used by the selected local government entity in comparing the budget-to-actual reports.
Include in your analysis an evaluation of the basis of accounting used for the budget and financial statements.
Analyze the sources of revenue for the selected local government.
Include information on both governmental and business-type activities, examining:
Information about the general fund.
Various management discussion and analysis items of note.
Year-to-year variations in the tax levels of income.
Deferred revenue.
Property taxes and how they are accounted for other sources identified as primary revenue for the entity.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment:
Analyze the financial reporting of a local government, including information on governmental and business-type activities related to sources of revenue.
Required CAFRs –
The Town of Winston-Salem, NC’s CAFR is the CAFR to use to compare to the Town of Cary, NC for this assignment. The towns are similar in size and under the same state government, making the comparisons meaningful.
https://www.cityofws.org/DocumentCenter/View/11683/2019-City-of-Winston-Salem-Comprehensive-Annual-Financial-Report?bidId=
Assignment 1 Requirements Explained 2021.docx
For this assignment, discuss the difference between dividends and the dividend policy? Please evaluate the pros and cons of dividend policy. The final product will be a paper that is 1-2 double-spaced, APA formatted pages, a reference list should also be included on a new page after the body of your paper. The requirements for your FIN302 Unit 6 Assignment are: What is a dividend? What is dividend policy? What is the difference between dividends and the dividend policy? Please evaluate the pros and cons of dividend policy. Please see the rubric on the next page for specific information about grading details
Now that we have had an opportunity to discuss several reports, select one of the reports that we have discussed and detailed its usefulness. Why did you select this report and how did you find useful? Will it be useful for IT personnel and upper management such as the C-Suite?
The report is
Cybersecurity Risk Management Report
Complete Homework Chapter 13 – After reviewing the videos provided, go to the SEC Edgar site and download the 2020 financial statements (filed in 2021)for Southwest Airlines for https://www.sec.gov/edgar/browse/?CIK=92380&owner=exclude You are looking for the 10-k and then download the filing to excel.
1. Perform a horizontal analysis (see video below)
2. Perform a vertical analysis (see video below).
3. Calculate the following: Current Ratio, Free Cash Flow, Return on Assets
4. Provide three comments about the trends and financial performance of Southwest Airlines based on your analysis.
