Details of this Paper

acc205 final paper

Description

solution


Question

Question;I need help with my final paper for ACC 205. I have selected a company and I have the balance sheet and income statement that need to be used for the three-year horizontal analysis. I really only need the Horizontal Analysis of Income Statement and Balance Sheet and the Ratio Analysis to be completed. I can do the rest of the paper. Focus of the Final PaperWrite a five-to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center. In this analysis you will discuss the financial health of this company with the ultimate goal of making a recommendation to other investors. Your paper should consist of the following sections: introduction, company overview, horizontal analysis, ratio analysis, final recommendation, and conclusions. Your paper needs to include a minimum of two scholarly resources in addition to the textbook as references.Here is a breakdown of the sections within the body of the assignment: Company OverviewProvide a brief overview of your company (one to two paragraphs at most). What industry is it in? What are its main products or services? Who are its competitors? Horizontal Analysis of Income Statement and Balance SheetPrepare a three-year horizontal analysis of the income statement and balance sheet of your selected company. Discuss the importance and meaning of horizontal analysis. Discuss both the positive and negative trends presented in your company. Ratio AnalysisCalculate the current ratio, quick ratio, cash to current liabilities ratio, over a two-year period. Discuss and interpret the ratios that you calculated. Discuss potential liquidity issues based on your calculations of the current and quick ratios. Are there any factors that could be erroneously influencing the results of the ratios? Discuss liquidity issues of competitive companies within the same industry. RecommendationBased on your analysis would you recommend an individual invest in this company? What strengths do you see? What risks do you see? It is perfectly acceptable to state that you would recommend avoiding this company as long as you provide support for your position.Hilton Worldwide Holdings Inc. (HLT)-NYSE Follow22.32 0.19(0.88%) 3:06PM EDT - Nasdaq Real Time PriceGet the big picture on all your investments.Sync your Yahoo portfolio nowBalance SheetGet Balance Sheet for:View: Annual Data | Quarterly DataPeriod EndingAll numbers in thousandsDec 31, 2013Dec 31, 2012860,0001,305,000Dec 31, 2011AssetsCurrent AssetsCash And CashEquivalentsShort Term Investments1,439,000---Net Receivables875,000914,000815,000Inventory396,000415,000552,000Other Current Assets252,000193,000227,000Total Current Assets2,383,0002,827,0003,033,000Long Term Investments1,089,0001,106,0001,104,000Property Plant and Equipment9,058,0009,197,0009,117,000Goodwill6,220,0006,197,0006,175,000Intangible Assets7,216,0007,373,0007,476,000---Other Assets403,000262,000295,000Deferred Long Term Asset Charges193,000104,000112,00026,562,00027,066,00027,312,000Accumulated AmortizationTotal AssetsLiabilitiesCurrent LiabilitiesAccounts PayableShort/Current Long TermDebtOther Current Liabilities2,090,0001,942,0001,823,00052,000407,000384,000---Total Current Liabilities2,142,0002,349,0002,207,000Long Term Debt12,671,00015,588,00016,408,000Other Liabilities1,746,0001,944,0001,989,000Deferred Long Term Liability Charges5,727,0005,030,0005,006,000Minority InterestNegative Goodwill(87,000)(146,000)(166,000)---22,199,00024,765,00025,444,000Misc Stocks Options Warrants---Redeemable Preferred Stock---Preferred Stock---Common Stock10,0001,0001,000Total LiabilitiesStockholders' EquityRetained EarningsTreasury Stock(5,331,000)-(5,746,000)-(6,098,000)-Capital Surplus9,948,000Other Stockholder Equity8,452,000(264,000)8,454,000(406,000)(489,000)Total Stockholder Equity4,363,0002,301,0001,868,000Net Tangible Assets(9,073,000)(11,269,000)(11,783,000)Hilton Worldwide Holdings Inc. (HLT)-NYSE Follow22.34 0.22(0.99%) 3:07PM EDT - Nasdaq Real Time PriceGet the big picture on all your investments.Sync your Yahoo portfolio nowIncome StatementGet Income Statement for:View: Annual Data | Quarterly DataAll numbers in thousandsPeriod EndingDec 31, 2013Dec 31, 2012Dec 31, 2011Total Revenue9,735,0009,276,0008,783,000Cost of Revenue3,877,0003,988,0003,881,000Gross Profit5,858,0005,288,0004,902,000Operating Expenses-ResearchDevelopment-Selling General andAdministrative20,054,00000-Others-3,3433,584,000,0004,153,000Non RecurringTotal OperatingExpenses-564,550,000 000603,000--Operating Income or Loss1,102,0001,100,000975,000Income fromContinuingOperationsTotal OtherIncome/ExpensesNet200,00053,0009,0001,318,0001,142,000839,000Interest Expense620,000569,000643,000Income Before Tax698,000573,000196,000Income Tax Expense238,000214,000Earnings BeforeInterest And TaxesMinority InterestNet Income FromContinuing Ops(45,000)(7,000)(59,000)(2,000)660,000341,000108,000DiscontinuedOperations---Extraordinary Items---Effect Of AccountingChanges---Other Items---Non-recurringEventsNet IncomePreferred Stock And Other AdjustmentsNet Income Applicable To Common Shares415,000352,000253,000---415,000352,000253,000http://finance.yahoo.com/q/is?s=HLT+Income+Statement&annualhttp://finance.yahoo.com/q/bs?s=HLT+Balance+Sheet&annual

 

Paper#42531 | Written in 18-Jul-2015

Price : $25
SiteLock