Harley Davidson Financial Analysis



The objective of the Course Project is to analyze the financial statements of a publicly traded company.

Obtain an annual report from a publicly traded corporation that is interesting to you. Be sure that the company has deferred taxes, a retirement plan, share-based compensation, earnings per share, and a cash flow statement. Using techniques you have learned in the previous weeks, respond to the following questions:

What amount of deferred tax assets or deferred tax liabilities are on the two most recent years on the balance sheet? What gives rise to these deferred taxes? What information is disclosed in the footnotes related to deferred taxes? Please define a deferred tax asset and deferred tax liability.

What temporary and permanent differences does the company disclose in its footnotes? What are some other examples of temporary and permanent differences?
What is the amount of income tax provision in the two most recent years on the income statement? What information is disclosed in the footnotes relating to income tax expense? Does the company have a net operating loss carryforward or carryback? What are the guidelines for carryforwards and carrybacks?

Does the company have a defined benefit or defined contribution plan? What are the key elements of the plan discussed in the footnotes? What amounts on the balance sheet relate to this plan? What are the differences between defined benefit and defined contribution plans?

What are the earnings-per-share amounts disclosed on the income statement for the most recent year? What dilutive securities are discussed in the footnotes? Please identify and describe other examples of dilutive securities. How do these impact earnings per share?

What kind of share-based compensation does the company have? What was the compensation expense for the two most recent years? What are the key elements of this plan discussed in the footnotes? Please identify and describe other types of share-based compensation.

Does the company use the direct or indirect cash flow presentation method? What is the difference between these two methods? How does the cash flow statement agree to the other financial statements?

What investing and financing activities does the company have? What are some other examples of investing and financing activities?

What non-cash transactions does the company have on its cash flow statement? What are some other examples of non-cash transactions?


Papers must be 6-10 pages in length; 10-point font; double-spaced, and include a cover page, table of contents, introduction, body of the report, summary or conclusion, and works cited.

Even though this is not a scientific-type writing assignment, references are still very important. At least three authoritative, outside references are required (Anonymous authors or Web pages are not acceptable.). These should be listed on the last page titled Works Cited.

Best Practices

The following are best practices in preparing this paper:

Cover page: Include who you prepared the paper for, who prepared it, and the date.
Table of contents: List the main ideas and sections of the paper and the pages where they are located. Illustrations should be included separately.
Introduction: Use a header on your paper. This will indicate that you are introducing the paper.

The purpose of an introduction or opening is to:
introduce the subject and why the subject is important;
preview the main ideas and the order in which they will be covered; and
establish the tone of the document.

Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you will cover and the importance of the material (This should include or introduce the questions you are asked to answer in each assignment.).

Body of the report: Use a header with the name of the project. An example is An Analysis of the Financial Statements of Nike. Proceed to break out the main ideas; state the main ideas, the major points of each idea, and provide evidence. Show some type of division, such as separate, labeled sections; separate groups of paragraphs; or headers. Include the information you found during your research and investigation.

Summary and conclusion: Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry.

Work cited: Use the citation format specified in the Syllabus.

Additional hints on preparing the best possible project follow:

Apply a three-step process to writing: plan, write, and complete.
Prepare an outline of the research paper before going forward.
Complete a first draft, and then go back to edit, evaluate, and make any changes required.
Use visual communication to further clarify and support the written part of the report. Examples include graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts.


There are no reviews yet.

Be the first to review “Harley Davidson Financial Analysis”

Your email address will not be published. Required fields are marked *