Financial Statements Grading Guide Acc/561 Version

Financial Statements Grading GuideACC/561 Version 7AccountingCopyrightCopyright © 2017 by University of Phoenix. All rights reserved.University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries.Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation.Edited in accordance with University of Phoenix® editorial standards and practices.Individual Assignment: Financial StatementsPurpose of AssignmentThis activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.Resources RequiredGenerally Accepted Accounting Principles (GAAP)U.S. Securities and Exchange Commission (SEC)University Library, Library resources - Company Directories and FinancialsTutorial help on Excel® and Word functions can be found on