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book Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby cover

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Edition 4ISBN: 978-0078025372
book Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby cover

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Edition 4ISBN: 978-0078025372
Exercise 40
Internet-Based Team Research: Examining an Annual Report
As a team, select an industry to analyze. Using your Web browser, each team member should access the annual report or 10-K for one publicly traded company in the industry, with each member selecting a different company. (See S1-3 in Chapter 1 for a description of possible resources for these tasks.)
Required:
1. On an individual basis, each team member should write a short report that incorporates horizontal and vertical analyses and as many of the ratios from the chapter as are applicable given the nature of the selected company.
2. Then, as a team, write a short report comparing and contrasting your companies using these attributes. Discuss any patterns across the companies that you as a team observe. Provide potential explanations for any differences discovered. Consider the impact of differences in accounting policies.
Explanation
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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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