ACC 340 Module Seven HomeworkModule Seven HomeworkGo into Shapiro Liary Online.Search for...

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ACC 340 Module Seven HomeworkModule Seven HomeworkGo into Shapiro Liary Online.Search for HooversChoose first link and Log into Hoovers.Or log into EDGAR.Find a company to research (e.g., Exxon Mobile).If in Hoovers, chose the financials tab and go to SEC filings.Write a one to two page short paper, in paragraph format, that addresses the following questions.What company did you pick?Give the date the latest 10k, 8k and 10-Q were filed.What is the fiscal year end for this company?Look into their annual report and find the following ratios using the latest year available:Cuent RatioReturn on AssetsReturn on EquityWhat do these ratios mean?Compare and explain the change in Gross Profit Margin for the most recent two years posted. (Did it change due to Revenue or Costs or both?)Check out the Balance Sheet.What is the change in Long Term Debt from prior year to most cuent year? Why the change?What is the change in Inventory from prior year to cuent year? Why the change?Check out the financials and other information about this company. Does the company pay dividends? Do you think you would be comfortable purchasing stock in this company if it is a publicly traded company? Why or why not?

Prince · Accepted Answer

· Ulta Beauty is the company I picked to examine. This company was chosen because it is one of my favourite retailers, and I am always curious about the financials of places wherein I spend most of my money. 
· Ulta Beauty's most recent 10-K was filed on 25th March 2022, followed by an 8-K on 2nd June and a 10-Q on 26th May, 2022. On February 3rd, 2018, their fiscal year came to a conclusion. 
· The last Fiscal years of company ended on 29th Jan 2022 and 30th Jan 2021
· The current ratio assesses a firm's ability to meet both short- and long-term obligations. The higher the current ratio, the better the company's ability to pay its debts. If somehow the ratio is less than one, the corporation will be unable to pay its debts. Ulta company does have a current ratio of 1.46, indicating that they can easily meet their obligations.

ACC 340 Module Seven Homework Module Seven Homework Go into Shapiro Library Online. Search for Hoovers Choose first link and Log into Hoovers. Or log into EDGAR. Find a company to research (e.g.,...

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