Great Deal! Get Instant $25 FREE in Account on First Order + 10% Cashback on Every Order Order Now

ACCT 7080 Spring 2022 Project Submission #2 20 Points Using the Word document provided answer the questions below. Project Submission #2 is due on 3/31/2022 by 11:59 pm. Upload this document to...

1 answer below »

ACCT 7080
Spring 2022
Project Submission #2
20 Points
Using the Word document provided answer the questions below. Project Submission #2 is due on 3/31/2022 by 11:59 pm. Upload this document to Canvas.
Name of Company:______________________________
1. Using the latest balance sheet that you used for your company in your Project Submission #1 see if your company has Goodwill on the balance sheet? If so, how much? What caused the Goodwill?
2. Using the latest Cash Flow Statement that is found in the annual report that you used in your Project Submission #1 what is happening to the company’s Cash position? Is it improving? Or is their Cash position being diminished? What is the single largest source or use of the company’s cash?
3. How has the Coronavirus affected your company over the last 24 months? Has your company made significant changes to how it executes its business?
4. Using Yahoo Finance website (Summary Tab) what is the cu
ent EPS (Earnings Per Share) of your company?
5. Using Yahoo Finance website (Summary Tab) what is the cu
ent PE Ratio (Price Earnings Ratio) of your company?
6. Using Yahoo Finance website (Statistics Tab) what is the Profit Margin?
7. Using Yahoo Finance website (Statistics Tab) what is the Return on Assets?
8. Using Yahoo Finance website (Statistics Tab) what is the Return on Equity?
9. Has your company been buying back their own stock? If so, why would they do that?
10. Would you buy stock today in your company? Why or why not?
Note: If your company is not found on the Yahoo Finance website, use other resources.
Answered 4 days AfterMar 16, 2022

Solution

Prince answered on Mar 20 2022
23 Votes
ACCT 7080
Spring 2022
Project Submission #2
20 Points
Using the Word document provided answer the questions below. Project Submission #2 is due on 3/31/2022 by 11:59 pm. Upload this document to Canvas.
Name of Company:__Amazon_________
1. Using the latest balance sheet that you used for your company in your Project Submission #1 see if your company has Goodwill on the balance sheet? If so, how much? What caused the Goodwill?
Answer: Yes, company has recorded Goodwill on its Balance sheet amounting to $15,371 million. Goodwill is recognized as a result of business acquisitions, future product and service offerings, and new customers.
2. Using the latest Cash Flow Statement that is found in the annual report that you used in your Project Submission #1 what is happening to the company’s Cash position? Is it improving? Or is their Cash position being diminished? What is the single largest source or use of the company’s cash?
Answer: Cash Position is being diminished. The single largest use of the company’s cash is Purchases of property and equipment.
3. How...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here