Paper details
- Please select one entertainment company that is publicly traded. Publicly traded companies are required by the SEC (Securities and Exchange Commission) to issue their financial statements publicly.Some suggested companies are:
– The Walt Disney Company (DIS)
– Time Warner (TWX)
– 21st Century Fox (FOXA)
– DreamWorks Animation (DWA)
– World Wrestling Entertainment (WWE)A list of entertainment companies can be found at this link: https://biz.yahoo.com/ic/722_cl_all.html If you are uncertain if a company is acceptable, contact the instructor.
2. For the company of your choice, bring up the financial statements. One way to find the financial statements is to go to Yahoo Finance, http://finance.yahoo.com, and then type in the company’s stock symbol and hit enter. On the Financials tab, you will find the Balance Sheet, Income Statement and Statement Of Cash Flows. You can also use a search engine by entering “Financial Statements” and the name of the company.
3. For the company you choose, please provide some background information and a description of the company in your own words. You should be able to find information in the Company Profile alongside the financial statements. Make sure to properly cite any sources used.
Deliverable: 2-3 paragraphs (no more than 4) giving background information and a description of the company you are analyzing.
4. Download the Financial Statement Analysis Notes from the platform.
5. For each of the four categories( Liquidity, Efficiency, Leverage, Profitability), you will select two ratios of your choice (eight ratios total).
6. Calculate the eight selected ratios for the company you selected for the most recent year. Please include your calculations.
7. Calculate the eight selected ratios for the company you selected for the previous year. Please include your calculations.
8. For each ratio, write 2-3 sentences discussing what the ratio means and whether it is better, worse or about the same as the previous year.
Deliverable:
– Two Liquidity Ratios calculated for the current and previous year, with analysis.
– Two Efficiency Ratios calculated for the current and previous year, with analysis.
– Two Leverage Ratios calculated for the current and previous year, with analysis.
– Two Profitability Ratios calculated for the current and previous year, with analysis.9. Conclude your assignment with a paragraph or two giving an overall summary statement in regards to your view as to the overall health of the company based on the ratios calculated.
Deliverable: 1-2 paragraphs on the overall health of the company based on your findings.
10. Submit your work in a Microsoft Word document or PDF for submission, including your name.
Deliverable:
One Microsoft Word document or PDF including all of the above. While this is not an APA-formatted assignment, proper spelling and grammar is expected.