# simple calculate

Select one of the following companies and obtain the company’s financial statements within their Annual Report or 10-K for the appropriate year (see separate instructions for accessing financial statements).

Facebook, Inc. – 12/31/16 and 12/31/15 –  investor.fb.com

Hint:  Facebook adopted a new accounting standard in 2015 and changed prior year numbers to be in line with the new standard.  Make sure to use the 2015 financial statements for 2014 numbers.

Amazon.com – 12/31/16 and 12/31/15 – amazon.com (click on the ‘investor relations’ link at the bottom)

Hint:  Amazon adjusted their 2015 numbers in the 2016 financial statements so make sure to use the 2015 numbers that are shown in the 2016 financial statements.

Calculate the following metrics for the company selected for the two most recent years (noted above).  Hint:  Make sure to use the net income figure (which can also be called net earnings) that is used for EPS anytime you need net income.  Make sure to show your calculations for each:

1.  Liquidity:Current ratio

2016:

2015:

2.  Solvency:Debt to assets ratio

2016:

2015:

3.  Profitability:Return on Assets

2016:

2015:

4.  Profitability:Earnings per share (EPS)(Hint: Weighted Average Shares Outstanding, which is average common shares outstanding, is included as a line near the bottom of the Statement of Income which may also be called Statement of Earnings.Calculate EPS using the basic net income and common shares numbers, not diluted.)

2016:

2015:

5.  Based upon the calculations performed above, comment on the trend in either the Company’s liquidity, solvency, or profitability based on the year over year comparison (trend in the above ratios from 2015 to 2016).

simple calculate
Assignment 3 Spring 2017 ACC 207 Due 3/27/17 – 10 points Select one of the following companies and obtain the company’s financial statements within their Annual Report or 10-K for the appropriate year (see separate instructions for accessing financial statements). Facebook, Inc. – 12/31/16 and 12/31/15 – investor.fb.com Hint: Facebook adopted a new accounting standard in 2015 and changed prior year numbers to be in line with the new standard. Make sure to use the 2015 financial statements for 2014 numbers. Amazon.com – 12/31/16 and 12/31/15 – amazon.com (click on the ‘investor relations’ link at the bottom) Hint: Amazon adjusted their 2015 numbers in the 2016 financial statements so make sure to use the 2015 numbers that are shown in the 2016 financial statements. Calculate the following metrics for the company selected for the two most recent years (noted above). Hint: Make sure to use the net income figure (which can also be called net earnings) that is used for EPS anytime you need net income: Liquidity: Current ratio 2016: 2015: Solvency: Debt to assets ratio 2016: 2015: Profitability: Return on Assets 2016: 2015: Profitability: Earnings per share (EPS) (Hint: Weighted Average Shares Outstanding, which is average common shares outstanding, is included as a line near the bottom of the Statement of Income which may also be called Statement of Earnings. Calculate EPS using the basic net income and common shares numbers, not diluted.) 2016: 2015: Based upon the calculations performed above, comment on the trend in either the Company’s liquidity, solvency, or profitability based on the year over year comparison (trend in the above ratios from 2015 to 2016).
simple calculate
Instructions for Accessing Public Company Financial Statements Accessing through SEC website Start by going to www.sec.gov. Under the ‘Filings’ Menu, select ‘Company Filings Search’ Type in the Company name and select ‘search’. A screen listing all filings for the Company you searched will be shown. Make sure the Company listed in the blue box is the company you were looking for. Note: For Amazon.com, you want the one with CIK 0001018724 Type ’10-K’ into the ‘Filing Type’ filter and select ‘search’. This will filter out all filings except for the 10-K which is the annual financial statements all public companies must submit. Open the most recent 10-K by selecting the ‘documents’ button next to the first 10-K shown and then selecting the first linked item in the next view (the one labeled ‘10-K’). Note: For Facebook, skip the ’10-K/A’ items listed. Once the 10-K is open, use the table of contents to locate the ‘financial statements and supplementary data’ (should be in Part II, Item 8 of all 10-Ks). Accessing through Company website Start by going to the Company’s website and look for a link for ‘investors’. You can also access directly for most companies by using their direct investor website, such as ‘investor.fb.com’ for Facebook Select the ‘SEC Filings’ link Filter for ‘Annual Filings’ Select the 10-K you want to open it. Note: For Facebook, skip the ’10-K/A’ items listed. Once the 10-K is open, use the table of contents to locate the ‘financial statements and supplementary data’ (should be in Part II, Item 8 of all 10-Ks).