Choose a publicly held company and review its 2019 annual report. Pay particular attention to the income and cash flow statements upon which this assignment is based.
Instructions
Provide 4–5 page analysis and evaluation of your chosen company’s valuation and performance. Do the following:
Justify which common accounting test should be used on the income and cash statements to best reveal insights into corporate valuation and performance. Make sure to identify your criteria.
Conduct your chosen test and share the computations and results.
Evaluate corporate valuation and performance accurately by interpreting test results and comparing them to industry benchmarks or primary competitors.
Justify your choice of a business area that represents the best opportunity for business improvement based upon your results and findings.