This is the link for which company the annual assignment is supposed to be on and I added the directions to the files
https://www.porsche-se.com/fileadmin/downloads/investorrelations/mandatorypublications/annualreport-23/PSE2023_Annual_Report_en.pdf
Annual Report Assignment
Accounting 101 – Spring/Fall
Due Date: See Canvas (normally the last regular day
of class)
Annual Report Assignment
1. For this part of the project you MUST provide a. LINK to the financial statements you used to get your answers.
Post that link here and then continue to Question #2
2. Answer the questions on the page below and hand it in along with a link to your financial statements by
the due date. NOTE: you should use the MOST RECENT completed financial statements for your company.
All reasonable attempts and answers will be accepted. IMPORTANT: Show your work – you don’t have
to show every step but show at least the formula you used for each ratio.
NOTE: If you’re using the big annual report with the colorful picture on the front and management analysis
you’ll have to navigate to find the consolidated financial statements…usually around page 34 or so (that’s
not exact it does vary).
If any of the information is not available in your financial statement you may just say that…however there
are situations where you can calculate the information you need, in this situation you should do the
calculation. So most of the time (“info not there”) is probably not correct so be really sure before you
answer that.
NOTE: IF YOU DIDN’T CHOOSE A COMPANY AND GET IT APPROVED YOU NEED TO GO BACK
TO THAT DISCUSSION (it should still be open), and find a company no one is using before starting this. You
can email me once you post your company and I will go back into the old discussion board and approve it.
Company Questions: Financial Statements and Ratios
1.
Questions Regarding the Income Statement:
a. Is the format most like a single step format or a multi-step format?
b. What is the company’s year end date? What dates (what annual period) are the last two income
statements for? (So if the income statement was for the year ended 12/31/21, the dates it is for
are 01/01/21-12/31/21)
c. What is the gross margin for the most recent two years (specify the amount for each year and year
the amount goes with)?
d. What is the income from operations for the most recent two years (specify the amount for each
year and year the amount goes with – calculate the amount if it is not calculated)?
e. What is the net income for the most recent two years (specify the amount for each year and year
the amount goes with)?
f. What was the EPS (Earnings Per Share) for the most recent two years?
2.
Questions Regarding the Balance Sheet:
a. Show that Assets = Liabilities + Equity for the most recent two years. You must show your work.
3.
Ratios: Compute the following ratios/analysis for the most recent two years of Financial
Statements available for the company (show your work). For some ratios you may need to look
up a prior year statement.
a.
b.
c.
d.
e.
f.
g.
Working Capital
Current Ratio
Profit Margin
Asset Turnover
Return on Assets
Debt to Equity Ratio
Return on Equity
4. Look at all the ratios and information you compiled and write a paragraph analyzing what you think those
ratios communicate about your company. (Examples: Are the ratios good and consistent or not? Does the
company show growth? Add other questions and analysis you think is relevant to your company (Chapter 4
has some good info in the lecture notes). This is an opinion question, as long as your opinions are reasonable
your answers will be accepted.
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Formatting
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