Question Details

Resources: Ch. 2 of Understanding Financial Statements and Ch. 1 PowerPoint® (pp. 1-10, 1-11, and 1-13) pp here (http://wps.prenhall.com/bp_fraser_financial_8/) Search the Internet for the financial statements of your favorite company or your employer. You may either locate the corporate website for your chosen company, or you may select a company- financial statements from the EDGAR database at http://www.sec.gov/edgar/searchedgar/webusers.htm. Post a 200- to 300-word response that includes the following information: • Three strengths and three weaknesses in the financial statements • Trends in net profit, debt ratio as a percentage of total assets, and debt as a percentage of total equity • A review of 2- to 3-year trends and an analysis of positive and negative trends • A confirmation of whether or not the company is discussing what it intends to do to correct negative trends 

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