Assignment: Financial Analysis
Prompt: First, use AnnualReports to access the following financial reports for each of your selected firms for the previous three fiscal years: the profit and loss statement, the balance sheet statement, and the sources and uses of funds statement. This information can also be retrieved from each corporation's official website.
In a 2 to 3 pages paper, discuss the cash flow management practices of each company for the last three fiscal years, including cash, accounts receivables, accounts payables, fixed assets, and inventory. The Companies are Ford and General Motors.
As you retrieve this information, consider both companies' financial ratios, including activity ratios, debt ratios, and profitability and market ratios. Also, consider what you, as a financial manager, would have done differently or suggested as improvements.
Specifically, the following critical elements must be included:
1. Background: Describe both of the firms and their management, including their strategic objectives. Provide sufficient detail to support the rest of your analysis.
2. Evaluation of the Firms
• Analyze both companies' cash flow management practices for the last three fiscal years, including cash, accounts receivables, accounts payable, fixed assets, and inventory. Cite specific examples and figures to illustrate.
• Analyze both companies' working capital cash flow management practices, including cash, accounts receivables, accounts payables, fixed assets, and inventory. Cite specific examples and figures to illustrate.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, and typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.