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Statistical Project

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FINANCIAL ANALYSIS PROJECT
ACCOUNTING 202

Purpose:

To allow for you to apply the concepts that we have studied to real world companies and to give you an opportunity to enhance your Internet research and financial statement analysis skills.

Instructions:

Select a publicly traded company for analysis. Your primary selection criterion should be a) the company is of interest to you (e.g., you want to find out more about the company, b) your ability to obtain a current annual report on the company using the internet, and c) the company's appearance in an article of a reputable news organization (article cannot be older than January 2012). Let me know if you are completing this individual or as a team (supply names) and the company chosen by February 26.

Provide a brief critique as to why an individual would be interested in buying the stock of the company and why an individual should not buy the stock. If you are completing this as a two-person team, one person should adopt the “pro” and the other person the “con”. If you do the project by yourself, you will need to present and support both pro and con arguments. Use information in articles and your analysis of the annual report as the primary basis for your arguments.

Include in your research the following background information on the company.

Where the company is incorporated

Describe what the company does or what products its sells, etc.

In your analysis of the financial statements for your firm, include information on the following items, if appropriate: • Briefly describe any extraordinary items or discontinued operations included on the company’s income statement? • Indicate the amount of basic earnings per share from the company’s income statement. • Describe the items that caused changes in retained earnings for the

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