ACC 280 Principles of Accounting Week 2 Team Assignment - McDonald Executive Summary - 2105

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Learning Team Assignment: Executive Summary

Resources: Internet or other resources; annual report for the company of your choice

Acquire a copy of the selected company’s most recent annual report by using the Internet or other resources.

Using the company approved by the instructor, prepare a 1,050- to 1,400-word Executive Summary, using the information contained in the company’s balance sheet and income statement, answering the following questions, noting that annual reporting period and fiscal year mean year-end numbers:

  • Company history: When was the company founded? By whom? List other historical facts.
  • Who is the audit firm for the company?
  • What stock exchange is the company listed on? What is their ticker symbol?
  • How much cash and cash equivalents did the company have at the end of its 2 most recent annual reporting periods?
  • What were the company’s total current assets at the end of its 2 most recent annual reporting periods? In what order should current assets be presented?
  • What were the two largest current assets at the end of its 2 most recent annual reporting periods?
  • What were the company’s total assets at the end of its 2 most recent annual reporting periods?
  • What amount of accounts payable did the company have at the end of its 2 most recent annual reporting periods?
  • What were the company’s total current liabilities at the end of its 2 most recent annual reporting periods?
  • What were the company’s two largest current liabilities at the end of its 2 most recent annual reporting periods?
  • What were the company’s total liabilities at the end of its 2 most recent annual reporting periods?
  • What were the company’s revenues (or net revenues) for the last 3 annual reporting periods?
  • What was the company’s net income for the last 3 annual reporting periods?
  • What was the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period? What was the change in dollars in the company’s net income from its previous year to the year before annual reporting period?

Attach a copy of the Balance Sheet, Income Statement and Statement of Cash Flow from the Annual Report to your assignment.

Format your assignment according to APA stardards

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Attachments
ACC 280 Principles of Accounting Week 2 Team Assignment - McDonald Executive Summary.docx
ACC 280 Princip...
mcdonalds 2009 financial statments.docx
mcdonalds 2009 ...
mcdonalds_2009_Annual_Report.pdf
mcdonalds_2009_...