ACCOUNTING 202 ANNUAL REPORT PROJECT

ACCOUNTING 202
DUE DATE: Sunday, May 15, 11:59 pm
ANNUAL REPORT PROJECT

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’sannual report.
·
Throughout all the parts of the project, information
is requested from specific pages in the annual report. You will need to take areadable
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:.be/EoTpIYLBtKs”>https://youtu.be/EoTpIYLBtKs
? If you need help cropping, or sizing, a screenshot please watch this
video:.be/BkeBauCpuUg”>https://youtu.be/BkeBauCpuUg
·
When a question asks you
to explain, describe, analyze, etc., use complete sentences and well-organized
paragraphs.

Part 3 (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: ______________

CHAPTERS 9 AND 10: LIABILITIES

A. THE BASICS

Use the company’s balance sheet
in your annual report that you identified in Part 1.
Page on which balance sheet
appears: _________
(Insert screen shot here to support your answers.)

1.
What is the dollar amount of the
company’s current liabilities?

Annual
Report: Current
year ______________________ Last year
____________________

2.
What is the dollar amount of the
company’s long-term (noncurrent) liabilities?

Annual
Report: Current
year ______________________ Last year
____________________

3.
List
the categories, or sections, of the Liabilities area on the balance sheet:

4.
Debt
Refer to the notes to the
financial statements in the annual report. 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.

a. In
which current liability does the company have the largest dollar amount owed?

b. In
which long-term (noncurrent) liability does the company have the largest dollar
amount owed?

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

B. FURTHER ANALYSIS

Compare the current year ratios.

1. Using the formula given in the
textbook, calculate the following for the past two years: Remember, if you need them you will find prior
years’ amounts in the Five-Year Summary of Selected Financial Data that you
found in Part 1.

Show your computations. Annual
Report’s

Current Year Last Year

Debt-to-Equity: ___________ __________

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)

How to submit this assignment:
Complete
and submitthis document inCanvason or before the due date. Do not create a new or different document.