ACC 561

ACC/561 ACC561 ACC 561 WEEK 1 ASSIGNMENT Financial Statements Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past. Research the company via the website and download the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows. Develop a 700-word examination of the financial statements and include the following: • Deter

20 Other / Other ashford university / ACC 561 08 Jun 2016

BE1-7 Indicate which statement you would examine to find each of the following items: income statement (I), balance sheet (B), retained earnings statement (R), or statement of cash flows (C). BE1-8 Use the basic accounting equation Assets = Liabilities + Stockholders’ Equity to answer these questions. BE1-9 At the beginning of the year, Fuqua Company had total assets of $800,000 and total liabilities of $500,000.

6 Other / Other ashford university / ACC 561 08 Oct 2015