Option #1: Financial Statement Analysis
COMPANY IS TMOBILE AND VERIZON
As a financial statement analyst, select TWO organizations VERIZON AND T-MOBILE.
Analyze their financial statements over time. The financial analysis period must be, at a minimum, the three most recent years. Since you will be spending a considerable amount of time on the project, ensure that you pick organizations that interest you.
The Form 10-K reports, which the organizations filed with the SEC, may be the best place to learn about a particular industry, organization, and organizational strategy, and to obtain reported financial statements. The reports are accessible at http://www.sec.gov/edgar.shtml . (Links to an external site.) An alternative means to obtain the report is by clicking on the SEC filings link on an organization’s website to obtain the latest Form 10-K filings. You can also find current stock valuation and other relevant stock information from financial portals such as Yahoo finance, Google finance, and Reuters.
Your Portfolio Project must include the following for the two organizations (see below for more detail):
· Executive Summary
· Ratio Calculation
· Ratio Analysis
· Projected financial statements including income statements, balance sheets, and statements of cash flows
· Your opinion on the overall financial health of each company
The executive summary should include an explanation of the business itself, background information on each company, including product lines, geographical locations and the company’s position in the industry.
The Ratio Calculations should be done in a table in Excel and included with your submission . The following ratios should be included for each company and for 2 years :
· Working Capital
· Current Ratio
· Total Debt to Total Equity Ratio
· Times Interest Earned
The ratio analysis should include an explanation of the importance of each ratio, what the ratio tells you about each company, how the ratio changes from year to year, and which company appears better based on each ratio.
The Projected financial statements should be done in Excel and included with your submission. * You will need to make necessary adjustments for material non-recurring or unusual income or expenses as well as off-balance sheet assets or liabilities, among others as covered in the course. The adjustment will improve comparability and ensure accurate representation of the organization’s’ economic performance. Be sure to identify important assumptions regarding the companies, industry and business environment, and other important assumptions for estimates and forecasts, including their business strategies.
Your opinion of the overall financial health of the company should reflect everything you have learned throughout the course as to the analysis of financial reporting.
Your submission should include:
· The financial statements from the companies you analyzed
· The Excel Ratio Table Calculations
· The Excel Projected Financial Statements
· An 8 page paper covering the information listed above
· Include the financial statements you analyzed and other information used as exhibits after the reference page.
Your project must be formatted according to APA
10 SOURCES MUST BE USED
THE OUTLINE HAS BEEN INCLUDED FOR YOU TO WRITE THE PAPER
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more