Acc 290 Week 4 Learning Team Financial Reporting Problem Part I

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Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:
•     What are the company’s total assets at the end of its most recent annual     reporting period? Why is this important?
•     What are the total assets at the end of the previous annual reporting period?
•     How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?
•     What amount of accounts payable did the company have at the end of its most recent annual reporting period?
•     What amount of accounts payable did the company have at the end of the previous annual reporting period?
•     What are the company’s net revenues for the last three annual reporting periods?
•     What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?
•     What are the company’s total current assets at the end of its most recent annual reporting period?
•     What are the total current assets at the end of the previous annual reporting period?
•     What in the information above would be important to a potential investor, employee, and so on?
Summarize the analysis in a 1,050-1,400 word paper in a Microsoft® Word document.   Include a copy of the company’s balance sheet and income statement.   Format your paper consistent with APA guidelines.
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