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Intuit Inc Financial Assessment

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Intuit Inc Financial Assessment
Student’s Name
Instructor’s Name
Course Title
Date

Background Information
The company chosen for the purpose of this project is the Intuit Inc. This is a technology company founded in 1984, with headquarters in California. Intuit Inc. is a provider of that seeks to provide financial management and innovative solutions to its customers who are the SME’s Accounting professionals and financial institutions. Intuit Inc. provides solution to its customers on significant business problems such as income tax filling, digital banking solutions to financial institutions by providing products such as Quickbooks, Turbo tax and Quicken (Intuit Inc, 2014). Intuit Inc. company is a publicly listed company, which is has some potential of wealth maximization to investor. According to the company’s management assertions, it seeks growth by growing its core businesses by acquiring new users through expansion of its product categories and increased awareness and building businesses and venturing to new markets through acquisition and partnerships.
Thesis statement
Intuit Inc has been doing enough to warrant the wealth maximization for its shareholders. This has involved the maximization of the intrinsic value of the shares, that is, the price of a share that incorporates all information available to an investor.

Financial statement review
The choice of Intuit Inc. was influenced by factors such as its dedication to value maximization of shareholders wealth and its ability to realize sustained profitability. Stockholders are the considered the owners of the company as they invest in the stocks of the company used to operate a firm to realize profits. Common stocks are traded in the stock markets, and are a determinant of their market price based on transactions of investors (Brealey, Myers, & Allen, 2011). Therefore, wealth maximization for

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