Assignment: Financial Statement Analysis Project
A. What is the title of the Form 10-K document (just below the Form 10-K line)?
B. What date was the 10-K filed with the SEC?
C. What business is CVS health in?
D. What depreciation method does CVS health use?
E. List four acquisition activities the CVS health did in the past 5 years.
F. Who is the auditor for CVS health's in 2017? What is the auditor's opinion about the company's 2017 consolidated financial statements? To whom the auditor's report is addressed?
G. What inventory costing method does CVS health' use for most of its inventories?
H. What is the activity in the allowance for doubtful accounts receivable for the years ended December 31?
Go the financial statements:
I. 1. What is CVS health's Financial Leverage Ratio for 2017?
2. What does this ratio tell us about the amount of debt that is used by the company?
J. 1. What is CVS health's Accounts Receivable Turnover Ratio for 2017?
2. What does this ratio measure?
3. How would you go about determining whether this ratio reflects strong or weak performance for this company?
K. 1. What is CVS health's Net Profit Margin for 2017, 2016, and 2015?
2017____________
2016____________
2015____________
2. What does the Net Profit Margin measure?
3. How is CVS health's performance on this measure in 2017 relative to 2016 and 2015 (better or worse)?
L. 1. What is CVS health's Return on Assets (ROA) for 2017?
2. What does ROA measure?
3. If you could take a look at another company's ROA to compare to CVS, what company would you choose? Why?
M. 1. What is CVS health's quick ratio for 2017, 2016, and 2015?
2017____________
2016____________
2015____________
2. What does this ratio measure?
3. How is CVS health's 2017 performance on this measure relative to 2016?
N. 1. What are CVS health's diluted earnings per common share for 2017, 2016, and 2015?
2017____________
2016____________
2015____________
2. Has there been a good or poor trend in this measure? Explain.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.