Question

In: Accounting

Locate the balance sheet of a publicly-traded corporation online in its annual report (10-K) and answer...

Locate the balance sheet of a publicly-traded corporation online in its annual report (10-K) and answer the following questions:

What were the total current assets this year and last year for the company you chose?

What were the total current liabilities this year and last year for the company you chose?

Calculate the Current Ratio for this year and last year for the company you chose.

Analyze your company's current ratio (is it good/bad; how does it compare to the prior year, etc.) Include a link to the URL from which you located the company's annual report

Solutions

Expert Solution

Ans: the publicly traded company , I opted for is NIke Inc, and required data is for 2016 and 2015:(All values are in million dollar)

1. total current assets : 2016 =15025

                                           2016 = 15587

2.total current liabilities: 2016 = 5358

                                           2015 = 6332

3.Current Ratio = ( total current assets/total current liabilities)

         2016 = 2.804

          2015 = 2.462

4. As the current ratio is more than one , it will be considered as good. And also it improved further in 2016 when compared with 2015.


Related Solutions

Locate the balance sheet of a publicly-traded corporation online in its annual report (10-K). Identify your...
Locate the balance sheet of a publicly-traded corporation online in its annual report (10-K). Identify your company in the title of your discussion and answer the following questions: What were the total current assets this year and last year for the company you chose? What were the total current liabilities this year and last year for the company you chose? Calculate the Current Ratio for this year and last year for the company you chose. Analyze your company's current ratio...
Anything in business - pathway Locate the most recent balance sheet of a publicly-traded corporation in...
Anything in business - pathway Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find the balance sheet within the annual report (10-K). Answer the following questions: What is the name of your company and your pathway? What were the total current assets this year and last year for the company you chose? What were the total current liabilities this year and last year for the company you chose? Calculate the Current Ratio for...
Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find...
Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find the balance sheet within the annual report (10-K). Answer the following questions: What is the name of your company and your pathway? What were the total current assets this year and last year for the company you chose? What were the total current liabilities this year and last year for the company you chose? Calculate the Current Ratio for this year and last year...
Publicly traded corporations are required to file an annual report each year. Please locate an annual...
Publicly traded corporations are required to file an annual report each year. Please locate an annual report for a publicly traded corporation. In your post, attach a copy of the latest annual report you found. Summarize what the company you chose does, and state what type of business this company is in. Would the company fall under the category of a service, merchandising, or manufacturing operation? Explain how this is evident in the financial statements. Summarize what you found in...
Publicly traded corporations are required to file an annual report each year. Please locate an annual...
Publicly traded corporations are required to file an annual report each year. Please locate an annual report for a publicly traded corporation. In your post, attach a copy of the latest annual report you found. Summarize what the company you chose does, and state what type of business this company is in. Would the company fall under the category of a service, merchandising, or manufacturing operation? Explain how this is evident in the financial statements. Summarize what you found in...
Publicly traded corporations are required to file an annual report each year. Please locate an annual...
Publicly traded corporations are required to file an annual report each year. Please locate an annual report for a publicly traded corporation. In your post, attach a copy of the latest annual report you found. Summarize what the company you chose does, and state what type of business this company is in. Would the company fall under the category of a service, merchandising, or manufacturing operation? Explain how this is evident in the financial statements. Summarize what you found in...
Locate a publicly traded company’s most recent annual 10-K filing. You can use the EDGAR electronic...
Locate a publicly traded company’s most recent annual 10-K filing. You can use the EDGAR electronic data gathering, analysis, and retrieval system with the SEC to acquire those financials. You must post your initial response to the discussion board by Wednesday at 11:59 p.m. In your initial post, answer the following questions related to the company’s property, plant, and equipment: Name the different types of assets the company lists in its balance sheet under property, plant, and equipment. How much...
Need to choose a publicly traded company. Using the most recent SEC 10-k or Annual report,...
Need to choose a publicly traded company. Using the most recent SEC 10-k or Annual report, the Company I chose is Under Armour and the information is provided in the SEC website for 2018 & 2019; however I am unable to locate and calculate the information requested below in the website. : Please help. Provide the Company's cash balance for the past 2 years. Provide the Company's accounts receivable for past 2 years. Identify the Note that discusses 'Cash and...
*35 Find online that annual 10-K report for Costco Wholesale Corporation (COST) for fiscal year 2015...
*35 Find online that annual 10-K report for Costco Wholesale Corporation (COST) for fiscal year 2015 (filed in October 2015). a. Compute Costco’s net profit margin, total asset turnover, and equity multiplier. b. Verify the DuPont Identity for Costco ROE. c. If Costco managers wanted to increase its ROE by 1 percent point, how much higher would their asset turnover need to be?
Find a publicly traded company that has treasury stock on its balance sheet. Provide a link...
Find a publicly traded company that has treasury stock on its balance sheet. Provide a link to the balance sheet in your post and explain the details of the treasury stock transactions based upon the amounts and disclosures found in the financial statements. Why do you think the company acquired the treasury stock? Do not choose a company that has already been reported on by one of your classmates. Participate in follow-up discussion by critiquing the posts provided by your...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT