Acc 290 5 Learning Team Financial Reporting Problem, Part 2 - 1593

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Access the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Four.

 

Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

 

·         Are the assets included under the company’s current assets listed in the proper order? Explain your answer.

·         How are the company’s assets classified?

·         What are cash equivalents?

·         What are the company’s total current liabilities at the end of its most recent annual reporting period?

·         What are the company’s total current liabilities at the end of the previous annual reporting period?

·         Considering all the information you have gathered, why might this information be important to potential creditors, investors, and employees?

 

Summarize the analysis in a 1,050-1,400 word paper in a Microsoft® Word document.

Include a copy of the company’s balance sheet and income statement.

Format your paper and presentation consistent with APA guidelines.

Solution Description

Access the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Four.

 

Analyze the information

Attachments
ACC 290 AIG_2010_Annual_Report.pdf
ACC 290 AIG_201...