The Vice President of Finance called you into a meeting to discuss the overall vision and future of your company. He states that he has always admired International Business Machines (IBM) since he studied the company in college. The VP has not followed the company as of late and would like you to prepare an update as to how IBM is doing over last three years and the top line outlook for next year. The VP would like you to use similar techniques that you have used in writing your previous reports.
Instructions
Using the financial statements of International Business Machines Corporation:
Using Mergent Online,in a new tab create a ratio analysis report showing International Business Machines Corporation and its largest 4 competitors based on total revenue
Note: Not all of the above ratios are available in Mergent Online, some will require your calculations.
4.Using the historical income statement data, in a new tab prepare a sales (revenue) forecast for the upcoming year including your assumptions, calculations, and rationale.
5.Using the
SEC.gov
website, find articles on of International Business Machines Corporation and comment in a Word document on any recent accounting standards or ethical considerations that affect the company.