This assignment is about relating accounting calculations with a chosen business's financial states, where the company provides goods rather than services, for two years, 2012 and 2013. This is a group work of 2 to 3 members, and our group had chosen McDonald's Corporation.
We have to first research about McDonald's Corp's history, background and recent development. Then from the accurate accounting reports from official financial information websites (like Yahoo! Finance) we have to search for the three accounting reports: Income Statement, Balance Sheet, Cash Flow Statement. We have to come up with calculations regarding the accounting's financial ratio analysis. Using the results, we then need to find the price/earning ratio (P/E ratio), and then interpret the investment recommendation at the end of the report.
Reflection:
What I learned from this project is to understand and summarize the information of a company's background. I also learned to interpret information found from the other websites and using the information in calculations for the ratio analysis. This way I could easily assess the company's states at the moment and try to provide investment decision for the company. And last of all, I learned to communicate well with my group mates to provide information for the company that we all agreed on.
Taylor's Graduate Capabilities:
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