Financial Statement Analysis And Decision Making A

Financial Statement Analysis and Decision Making Activity Grading GuideACC/561 Version 7AccountingLearning Team Assignment: Financial Statement Analysis and Decision Making ActivityPurpose of AssignmentThe activity requires students to perform research and analysis on competing companies and the potential implications of international standards. This real-world analysis is key to understanding how a company’s profitability, liquidity, and solvency can be useful for all users. Students also learn to analyze financial statements and use managerial tools to make decisions from an investor’s and creditor’s standpoint.Resources RequiredU.S. Securities and Exchange CommissionAnnual Reports (AnnualReports.com)Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.Grading GuideContentMetPartially MetNot MetComments:Select two competing companies, one of which must be an international company, and locate annual reports for these two companies on the Internet. Researched the two companies on the Internet and downloaded the Income Statement, Statement