uop acc290 week 5 Learning Team Financial Reporting Problem, Part 2

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Learning Team

Financial Reporting Problem, Part 2

Access the Internet to acquire a copy of the most
recent annual report for the publicly traded company used to complete the
Financial Reporting Problem, Part 1 assignment due in Week Four.

Analyze the information contained in the company’s
balance sheet and income statement to answer the following questions:

·
Are the
assets included under the company’s current assets listed in the proper
order? Explain your answer.

·
How are
the company’s assets classified?

·
What are
cash equivalents?

·
What are
the company’s total current liabilities at the end of its most recent annual
reporting period?

·
What are
the company’s total current liabilities at the end of the previous annual
reporting period?

·
Considering
all the information you have gathered, why might this information be
important to potential creditors, investors, and employees?

Summarizethe analysis in a 1,050- to 1,400-word paper in a
Microsoft®Word document.

Include a copy of the company’s balance sheet and income
statement.

Format your paper and presentation consistent with APA
guidelines.

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