3. Section 3: Assets
a. Record the following weekly market activity for the company’s stock for the previous year (any day such as Friday, Monday etc.). Make sure to record:
i. Closing price
ii. One source: search online for yahoo finance, click on quotes & info, type in your company name – follow instructions on web page, click on search, click on historical data, click on daily – change to weekly, click on apply, get close price.
iii. Analyze, evaluate, and discuss the information
b. List the total of Property, Plant, and Equipment for the years covered in your annual report
i. List the total of Accumulated Depreciation associated with Property, Plant, and Equipment for 2 years listed in your annual report
ii. List the total of all assets for 2 years listed in the annual report
iii. List the total of the current assets for 2 years listed in the annual report
iv. As shown in the balance sheet, has your company had significant changes in asset structure, such as major purchases of other companies, investments, or discontinued operations?
v. Identify the method or methods used by your company to value the inventories.
1. List the total dollar value of the inventory for 2 years on balance sheet presented in the annual report.
2. Compute the percentage of inventories to total assets for 2 years of your annual report’s balance sheets and assess the results.
c. List the Cost of Goods Sold and the Gross Profit for your company for 2 years in income statement appearing in the annual report.
i. Calculate the percentage of Cost of Goods Sold to Net Sales and the percentage of Gross Profit to Net Sales for 2 periods and assess the results
d. Analyze/assess/discuss your findings