Ash vs Accrual and Current Value vs Historical Costs

Choose three publicly held companies on the Internet. Include at least two manufacturing companies (there must be a product). None can be a financial institution such as a bank or an insurance company. Refer to the financial statements and, for each of the last three years, identify Net Income and Cash Flow from Operating Activities.

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What is the trend of Net Income over the last three years?
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What is the trend of Cash Flow from Operating Activities over the last three years?

Now, investigate the Historical Cost of Non-Current Assets. Look on the Balance Sheet at the categories just below Current Assets.

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How representative do you believe these historical costs are of the true current values of these assets?

Consider such things as the nature of the assets and the life of the assets (you can estimate this by comparing Accumulated Depreciation to the Historical Cost of the assets).

Your report should be two-page in length. Be sure to use references to your sources for the company data.

I wasnt sure how to classify this homework. Also last time I submitted an assigment I would get discounts, how does that work.

Martina

Ash vs Accrual and Current Value vs Historical Costs

Choose three publicly held companies on the Internet. Include at least two manufacturing companies (there must be a product). None can be a financial institution such as a bank or an insurance company.

Case assignment expectations:

Refer to the financial statements and, for each of the last three years, identify Net Income and Cash Flow from Operating Activities. Investigate the Historical Cost of Non-Current Assets. Look on the Balance Sheet at the categories just below Current Assets. Be sure to use references to your sources for the company data.