AT&T Assignment
You can learn a lot just by looking at financial statements. This assignment is to show you that you can read financial statements without a lot of training.
1) Go to CNBC website.
2) In the box in the upper right hand corner, put a capital "T" in the box and hit enter. You should arrive at a page of information concerning AT&T stock.
3) Under the chart there is a horizontal menu that begins with the word ‘Summary". Scroll over and click on "Financials". There you will see the AT&T Balance Sheet.
4) With your group, scan the information on the balance sheet and observe what has changed over the past four years. List three major observations.
5) Now go to the top of the box and click on the Income Statement. Tell me three observations that you and your team make about that Income Statement.
6) Now do the same with the Cash Flow.
7) Now go back to the box in the upper right hand corner and type in VZ. This will take you to a similar page for Verizon. Skim their financial statements the same way. Based on what you see, is Verizon in better financial shape or worse financial shape than AT&T? Why do you think that?
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 includes 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.