Business Selection and Financial Statements Analysis

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Business Selection: Select a company from the Final Project Business Options List and describe the business you chose, including the business name and what the business offers consumers.
Financial Statements: Using Mergent Online, look up the balance sheet, the income statement, and the cash flow statement for the latest fiscal quarter for the business you chose. Use these statements to accurately report the following values:
Total assets
Total liabilities
Current assets
Current liabilities
Net income
Shares outstanding
Earnings per share (EPS)
Total revenue
Shareholders’ equity
Financial Statement Role: Explain why financial statements are important to a business and how they help a business determine its financial health.
Cash Flow Management: Use a financial news story from the past two months as an example to explain why cash flow management is important to a business and its financial health.
https://www.mergentonline.com/companydetail.php?compnumber=129614&pagetype=synopsis

 

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!


Step-by-Step Guide to Writing Your Paper

Step 1: Introduction

  • Objective: Start by introducing the company you have chosen.
  • What to Include:
    • Provide the name of the company and a brief description of what it offers to consumers.
    • Mention the industry it operates in and any unique aspects of the business.

Step 2: Collect Financial Data

  • How to Proceed:
    • Access the financial statements (balance sheet, income statement, and cash flow statement) from Mergent Online for the latest fiscal quarter.
    • Report the key financial values listed in the instructions (e.g., total assets, liabilities, net income, etc.).
    • Be sure to include the exact numbers as provided in the financial reports.

Step 3: Explain the Role of Financial Statements

  • How to Approach:
    • Define what financial statements are (balance sheet, income statement, cash flow statement).
    • Explain how they help a business assess its financial health, performance, and stability.
    • Discuss their role in decision-making and planning for business leaders.

Step 4: Cash Flow Management Example

  • What to Include:
    • Find a relevant financial news story from the past two months that highlights a business dealing with cash flow management challenges or successes.
    • Explain how the example illustrates the importance of managing cash flow to ensure financial health.
    • Discuss how poor or strong cash flow management can affect a company’s operations and long-term strategy.

Step 5: Conclusion

  • How to Conclude:
    • Summarize the main points, emphasizing the importance of financial statements and cash flow management.
    • Reflect on how financial health can directly impact a business’s success or failure.

Step 6: Review and Submit

  • Final Touches:
    • Proofread your paper for clarity and accuracy.
    • Check your financial data to ensure it’s correct and matches the latest fiscal quarter’s reports.
    • Save and submit your paper according to your instructor’s submission guidelines.

This step-by-step guide will help you organize your assignment and ensure you cover all the necessary details. Best of luck with your project!

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