Assignment: Intermediate Accounting
Project: Read it carefully please.
My company is :(Walgreens Pharmacy).
The primary objective of financial accounting is providing information useful for decision makers, which has been the focus of the class.
Now, put what you've learned to use.
You have been asked to analyze your randomly selected companies' financial statements (use the most recent annual financial statements), with a primary focus on if you would choose to invest in that particular company based on the information presented. (Remember the ultimate goal of financial accounting is to provide information useful to decision makers.)
Ask yourself these questions:
• How strong is the company's balance sheet?
• How liquid is the company?
• How have sales been?
• How strong are the components of income?
• How have expenses lined up year over year? (Has any particular expense increased more than expected?)
• What is included in the notes to the financial statements?
When analyzing a company, you cannot learn much information when merely comparing the company to itself, so you must also determine how the company performed in comparison to prior years, as well as how it is performing when compared to competitors. Remember apples to apples comparisons. If you are looking at your companies' 2018 financial statements, you should also be looking at the competitor(s)' financial statements for the same period of time.
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.