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please open my file down there and fill them up, the work is about accounting APR. please read them carefully and fill up my homework.?

General project instructions:

Please read this document carefully, if you submit the assignment incorrectly and are asked to resubmit it for any reason, it will be considered as at least one day late.

  • Complete this document using the annual report that you downloaded for Part 1.
  • Do not create a new or separate document; just complete the one I provide.? Almost all the information for this project should come from your company?s annual report.
  • Throughout all the parts of the project, information is requested from specific pages in the annual report.? You will need to take a readable screenshot or picture of the page(s) requested and insert it in this document where requested.?
    • If you need help taking a screenshot please watch this video: https://youtu.be/EoTpIYLBtKs
    • If you need help cropping, or sizing, a screenshot please watch this video: https://youtu.be/BkeBauCpuUg

When a question asks you to explain, describe, analyze, etc., use complete sentences and well-organized paragraphs


ACCOUNTING 202

 

DUE DATE: Sunday, May 1 (11:59 P.M.)

 

ANNUAL REPORT PROJECT

 

STUDENT NAME:

 

General project instructions:

 

Please read this document carefully, if you submit the assignment incorrectly and are asked to

 

resubmit it for any reason, it will be considered as at least one day late.

 


 


 


 


 


 


 

Complete this document using the annual report that you downloaded for Part 1.

 

Do not create a new or separate document; just complete the one I provide. Almost all the

 

information for this project should come from your company?s annual report.

 

Throughout all the parts of the project, information is requested from specific pages in the annual

 

report. You will need to take a readable screenshot or picture of the page(s) requested and insert it in

 

this document where requested.

 

? If you need help taking a screenshot please watch this video: https://youtu.be/EoTpIYLBtKs

 

? If you need help cropping, or sizing, a screenshot please watch this video:

 

https://youtu.be/BkeBauCpuUg

 

When a question asks you to explain, describe, analyze, etc., use complete sentences and wellorganized paragraphs.

 


 

Part 2 (20 pts.) (Use the same company from Part

 

1.)

 

Name of company chosen: _________________________________

 

(You will use the same company for all parts of the project)

 


 

Year of the annual report: ______________

 


 

CHAPTER 8: LONG-TERM ASSETS

 

A. THE BASICS

 

Locate the company?s balance sheet in your annual report that you identified in Part 1.

 

Balance sheet date: __________________ Page on which balance sheet appears: _________

 

(Insert screen shot of the balance sheet here.)

 

1. The accounting equation is Assets = Liabilities + Stockholders? Equity. Replacing the words in the

 

accounting equation with dollar amounts; give the company?s accounting equation at the end of the

 

current and prior years of the annual report.

 

Assets = Liabilities + Equity

 

Annual Report: Current year: _______________ = ______________ _______________

 


 

Annual Report: Last year: _______________ = ______________ _______________

 

2. List the categories, or sections, of the Asset area on the balance sheet:

 


 

3. Property, plant and equipment

 

Refer to the notes of the financial statements in the annual report that you identified in Part 1. The

 

note, ?Summary of Significant Accounting Policies,? should provide information about the company?s

 

depreciation and amortization methods. You will also need to refer to the other notes to the financial

 

statements and to the financial statements themselves in order to answer the questions in all parts of this

 

project.

 

IMPORTANT: Indicate the page number in which the information was found and insert a screen shot

 

below the question.

 

a. What depreciation method does the company use? Page No._____

 

____________________________________________

 

(Insert screen shot here to support your answer.)

 

b. What is the amount of depreciation expense for the current year? Page No._____

 

(Hint: Look at the operating activities section of the cash flow statement if the indirect method was used.)

 

Annual Report: Current year $ __________________

 

(Insert screen shot here to support your answer.)

 


 

Last year $ ___________________

 


 

4. Intangible assets

 

a. Does the company have any intangible assets? If so, list them here. Page No. _____

 

(Insert screen shot here to support your answer.)

 

b. Does the company report any goodwill? ______ Page No._____

 

What is the amount? __________________

 

(Insert screen shot here to support your answer.)

 


 

B. FURTHER ANALYSIS

 

Compare the current year ratios.

 

1. Using the formula given in the textbook, calculate the following for the past two years: Show your

 

computations.

 

You will find prior years? amounts in the Five-Year Summary of Selected Financial Data that you found in

 

Part 1.

 

Annual Report

 

Current Year

 

Last Year

 

a. Total Asset turnover:

 

___________

 

__________

 

b. Explain what information this ratio provides. Why do we use it?

 


 

c. How do the results for your company compare by year? Explain and give possible reasons for

 

what you?ve found. (at least one paragraph)

 


 

C. INFORMATION FOR DECISION MAKING

 

1. Answer the following questions using the company?s balance sheet in the annual report:

 

a. In which plant asset does the company have the largest dollar amount invested?

 

b. In total dollar amounts, are the company?s assets primarily short-term (current) or long-term?

 


 

How to submit this assignment:

 

Complete and submit this document in Canvas on or before the due date. Do not create a new document.

 


 

 

Paper#9209137 | Written in 27-Jul-2016

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