Intermediate Accounting II
Intermediate Accounting II.
Create a 5- to 10-slide presentation and use the same publicly traded company.
Be sure to use the most recent SEC 10-k or Annual report.
Identify the Company’s current liabilities for the past two years?
Compare the current portion of long-term debt for the past two years?
Discuss some of the items found in the current liability section.
Describe any lease obligations the Company disclosed.
Explain what contingency liabilities are disclosed in the financial statements?
Recommend, from the perspective of a bank, whether or not you would support this company.
Compute the Debt ratio and Debt to Equity ratio.
Sample Solution
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