Financial Statement Analysis Paper Written Assignment
One basic method that an accountant can use to analyze the financial situation of a business is ratio analysis. This can be a useful tool no matter the type of legal structure of the business and regardless of whether ownership is public or private. To help assure the availability of the necessary data, though, this assignment will be focused solely on a publicly traded company. As an overview, you will choose a publicly traded company from a list provided at the end of this assignment. Locate the company's website, retrieve the latest company's annual report from that site, calculate specific ratios for the latest two fiscal years, and respond to a limited number of analysis questions. Please note that this entails far more than finding precalculated ratios from a website such as Yahoo! Finance or Google Finance. If you desire, you can use such a site for a reasonableness check on the results of your calculations, but any such comparisons should not be part of your resulting paper. Also, you might not match exactly to their figures anyway because those may include quarterly updates. The paper should be three to four double-spaced pages (not counting the cover page and bibliography). The font size should be 12-point and the type can be Times New Roman, Verdana, or Arial. Your paper should be properly cited using APA referencing style. This means that citations should be in a bibliography and in the body of the paper wherever you refer to or directly quote any information or terms from other sources. Please submit your paper no later than midnight Sunday at the end of Week 6. For the section showing the ratio calculations, provide appropriate details regarding the formula used, the source of the data, and the resulting calculations. Although you are certainly welcome and encouraged to use Excel to complete these tasks, copying and pasting from Excel into the Word document is discouraged unless it can be done in a manner that is cosmetically appropriate. The requirements for the ratio analysis section are as follows. Compute the following for each of the two most recent years. Profit margin Return on shareholders' equity Current ratio Interest coverage ratio Document your work by properly citing items such as the following. The website for the company The web page link for the annual report The page number of the annual report Appropriate details of the calculations
The questions that should be addressed in the second section of the paper are as follows.
If you were an accountant for a potential vendor for this
company, explain which of these ratios would be of the most
interest to you. Would there also be a second ratio of interest to
you?
If you were an accountant for a potential investor in this company,
explain which of these ratios would be of the most interest to you.
In your opinion, what other ratio or ratios beyond the ones listed
above should also be considered in an investment context?
What is your overall opinion of this company based on the limited
analysis completed via the four ratios?
Feel free to mention any questions that you feel should still be considered in view of the ratios or the changes from one year to the next. Please also consider these suggestions for your success on this assignment. If you choose a company from the list and have any trouble finding its website, the annual reports, or specific information, consider selecting a different company from the list instead. If the company has subsidiaries, be sure to use the consolidated financial statements. Be sure to use the financial statements rather than summaries elsewhere in the annual report. List of companies (choose one):
Barnes & Noble, Inc.
Intuit Inc.
The Kroger Co.
Macy's Inc.
Dell Inc.
Family Dollar Stores Inc.
Kodiak Oil & Gas Corp.
Tractor Supply Company
Verizon Communications Inc.
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In: Accounting
A study is done to determine if students in the California state university system take longer to graduate, on average, than students enrolled in private universities. One hundred students from both the California state university system and private universities are surveyed. Suppose that from years of research, it is known that the population standard deviations are 1.5231 years and 1 year, respectively. The following data are collected. The California state university system students took on average 4.6 years with a standard deviation of 0.8. The private university students took on average 4.2 years with a standard deviation of 0.3. Conduct a hypothesis test at the 5% level. NOTE: If you are using a Student's t-distribution for the problem, including for paired data, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.)
-state the null hypothesis
-state the alternative hypothesis
-In words, state what your random variable Xstate − Xprivate represents.
-State the distribution to use for the test. (Round your answers to two decimal places.)
Xstate − Xprivate ~ __ ( __ , __ )
-What is the test statistic? (If using the z
distribution round your answer to two decimal places, and if using
the t distribution round your answer to three decimal
places.)
-What is the p-value? (Round your answer to four decimal
places.)
-Sketch a picture of this situation. Label and scale the horizontal
axis and shade the region(s) corresponding to the p-value.
(Upload your file below.)
-(i) Alpha (Enter an exact number as an integer, fraction, or
decimal.)
α =
-decision rejected or or do not reject
In: Statistics and Probability
A commuter must pass through five traffic lights on her way to work and will have to stop at each one that is red. She estimates the probability model for the number of red lights she hits (x), as shown below:
| x | 0 | 1 | 2 | 3 | 4 | 5 |
| p(x) | 0.03 | 0.21 | p | 0.1 | 0.1 | 0.05 |
Find the probability that she hits at most 3 red lights. Answer to 2 decimal places.
| Tries 0/5 |
Find the probability that she hits at least 3 red lights. Answer to 2 decimal places.
| Tries 0/5 |
How many red lights she expect to hit? Answer to 2 decimal places.
| Tries 0/5 |
What is the standard deviation of number of red lights she hits? Answer to 3 decimal places.
| Tries 0/5 |
Let us consider any two consecutive days. What is the chance that she hits exactly two red lights on both days? Answer to 4 decimal places.
In: Statistics and Probability
Identify an ethical issue in healthcare. Identify the steps in an ethical decision-making model and apply these steps to your identified ethical issues. please also state what website you use to get the answer!
In: Nursing
In: Operations Management
“Dollar Shave Club” created an ad for their services that went viral a few years back. On the strength of the ad alone they were able to attract over 200,000 subscribers. What does the “Dollar Shave Club” do…? They provide inexpensive razor blades that they deliver each month. There are three pricing options ($3.50, $6.50, and $9.50 per month including shipping).
First, explain how they have segmented the market. Which key needs have they targeted? How would you go about characterizing this segment? Who are the people that have these needs, and why do you think this? How confident are you that you can accurately characterize his segment?
Second, explain why we would even want to characterize the segment? What use is it to marketers to characterize their target market? Explain. Finally, talk a bit about the match (or mismatch) between the advertising tool that “Dollar Shave Club” used and their “true” target market. In case you are not aware of the viral video, it was basically a humorous, irreverent ad in which the company’s CEO (a young casually dressed man) jokingly talked about the virtues of cheap razor blades while making some pretty whacked-out jokes. Given your previous answer, what other broad types of media (using the terminology discussed in class) do you think might be appropriate to reach the target market you identified & why (don’t worry about being too specific here, we’re looking to see that you understand the reasons why you would use different media types, rather than the specific tactics).
In: Operations Management
On the CDC web site view the vaccines listed in the section "Vaccines by disease". a) Which of the different pathogen groups have the most vaccines (routine and non-routine vaccines)? b) What are the types of vaccine formulations available, e. g. heat killed, activated, recombinant, whole, polysaccharide etc.? c) What is your reaction to the list of vaccines? d) What vaccines are available for parasites in routine use or in clinical trials? (check the CDC and WHO web sites for vaccines). Specify the parasite, the type (s) of vaccine and the trial phase, if the vaccine is undergoing clinical trials.
In: Biology
A) Formulate both null and alternative hypotheses for the client, and explain why the hypotheses need to be directional or non-directional. B) Determine what statistical test should be used to analyze the data. C) Summarize all information used to determine the correct statistical test (e.g., number of groups, type of data collected, independent or repeated measures) D) Provide a sample size and critical values in relation to the hypothesis. E) State what statistical test should be used (be specific since you have all of the information you need to determine the critical value(s)). F) Discuss what the statistical analysis will do in answering the hypotheses and question(s) for the client. Also discuss any potential problems to watch out for, including an appropriate sample size to meet the assumptions of the statistical test. G) Be sure to use and show critical thinking in your writing. By critical thinking, you need to demonstrate the importance of scientific processes, how science will further our knowledge, and how your scientific approach is applicable to real world knowledge. Sharron’s Hand Made Furniture Sharron makes hand-made bedroom furniture, and will have a booth at the state fair. She will be selling furniture based on models shown at the fair. She is very excited about one new style of a bedroom suite (dresser-mirror, bed-frame, chest, 2 night stands) because it takes her half the time to make it compared to other styles. Not counting labor, it cost her 500 dollars to make this bedroom suite, and Sharron would like to sell the suite for 1,500 dollars. This is quite a bit of money, and so she would like to see if a couple different selling tricks would help her. She wants to try 3 different selling tactics. First, sell it at 2,000 dollars, but then the salesman goes down to 1,500 after talking to the potential customer. The second approach would be to sell it at 2,000 dollars with a 25% discount sign on the suite. The third approach would be to sell the furniture set at 1,500 dollars firm. Based on past experience, she can expect to sell on average 20 of these new bedroom suites a day by just selling the furniture for 1,500 dollars firm. Sharron will sell at the state fair for 15 days, and was thinking about using different selling tactics on different days (so alternate between tactics from day to day). As a statistical advisor, she would like your input into her plans on trying out different selling tactics, and help with analyzing the data.
In: Statistics and Probability
For the scenario on the next page, write a paper that explains the following to a prospective client: A) Formulate both null and alternative hypotheses for the client, and explain why the hypotheses need to be directional or non-directional. B) Determine what statistical test should be used to analyze the data. C) Summarize all information used to determine the correct statistical test (e.g., number of groups, type of data collected, independent or repeated measures) D) Provide a sample size and critical values in relation to the hypothesis. E) State what statistical test should be used (be specific since you have all of the information you need to determine the critical value(s)). F) Discuss what the statistical analysis will do in answering the hypotheses and question(s) for the client. Also discuss any potential problems to watch out for, including an appropriate sample size to meet the assumptions of the statistical test. G) Be sure to use and show critical thinking in your writing. By critical thinking, you need to demonstrate the importance of scientific processes, how science will further our knowledge, and how your scientific approach is applicable to real world knowledge. Sharron’s Hand Made Furniture Sharron makes hand-made bedroom furniture, and will have a booth at the state fair. She will be selling furniture based on models shown at the fair. She is very excited about one new style of a bedroom suite (dresser-mirror, bed-frame, chest, 2 night stands) because it takes her half the time to make it compared to other styles. Not counting labor, it cost her 500 dollars to make this bedroom suite, and Sharron would like to sell the suite for 1,500 dollars. This is quite a bit of money, and so she would like to see if a couple different selling tricks would help her. She wants to try 3 different selling tactics. First, sell it at 2,000 dollars, but then the salesman goes down to 1,500 after talking to the potential customer. The second approach would be to sell it at 2,000 dollars with a 25% discount sign on the suite. The third approach would be to sell the furniture set at 1,500 dollars firm. Based on past experience, she can expect to sell on average 20 of these new bedroom suites a day by just selling the furniture for 1,500 dollars firm. Sharron will sell at the state fair for 15 days, and was thinking about using different selling tactics on different days (so alternate between tactics from day to day). As a statistical advisor, she would like your input into her plans on trying out different selling tactics, and help with analyzing the data.
In: Statistics and Probability
What are the differences between results that demonstrate a correlation between two variables and results where a regression is run using two variables?
Think about your future clinical role and provide a clinical example of variables that you may want a correlation analysis run and explain.
Think about your future clinical role and provide a clinical example of variables that you may want a regression analysis run and explain.
In: Statistics and Probability