Accounting

Annual Report Project

1. Select Company: Select a publicly traded corporation in the U.S. that is a retailer or a manufacturing company. Do not select an insurance company, bank or other financial company. You will get points for the type of company you select.

2. Obtain the most recent annual report (10-K) for the selected company. Submit the annual report with each set of analysis.

Questions to confirm that your company will work for this project:

1. Does it include notes to financial statements? If no, choose another.

2. Are the financial statements condensed? If so, choose another.

3. Are all four financial statements included?

4. Complete the questions that follow for your company.

5. Chapter Questions (Chapters 1-12):

Answer The Buckle, Inc questions, not for Buckle, but for your corporation and its most recent year-end(2010 - 2011). These questions are at the end of each chapter under Additional Perspectives. The format of the report should include the Chapter number, the full question and your answer. If the question has several parts (a-f, for example), please list each part separately. For example, the (a) question, then the (a) answer, then list the (b) part and give the answer and so on. Following are examples of the format of the questions and answers:

Chapter One      Chapter Two

1. Question       1a. Question

Answer             a) answer

2. Question       1b. Question

Answer             b) answer

Each chapter's questions and answers should be on a separate page and be turned in with the appropriate set of chapters. All chapter's questions and answers need to be turned in with the complete annual report project at the end of the semester.

4. Graph: Make a 12-week table and graph of the Friday closing stock price starting the first day of class. Any day of the week is fine as long as you use the same day each week. Make sure that the x and y are identified. Include the closing stock price on the graph itself, not on a separate table. By the second submission it should be created on excel.

5. Ratio/ Information Charts

Complete the information charts and ratio chart. Use the prior year amount for the average total for the year. Show all the numbers of the formula and your final ratio amount. Explain what the ratio means and why it increased or decreased. You will have points taken off if you simply enter the ratio. This will summarize the ratios used in all the various chapters

6. Stock Price Questions: After completing the graph and the ratio chart you can answer the stock questions to be submitted in the third submission.

Company Information

1. What is your company's main product?

2. What is the URL for company's website? What does it contain?

3. The Notes to the Financial Statements are contained on what pages?

4. How are the Notes identified(numbers or letters)?

Stock Price Questions

If you had 100 shares of this corporation on first day of class and hold it for one month would you have a loss or gain? Show the numbers and detail.

4. Would you invest in this company? State three reasons for using the profitability ratios.

5. If you were a loan officer for a bank would you loan this company money? State three reasons for using the liquidity ratios.