Financial Statements and Income Statement 

Phase V: Financial Statements, Balance Sheet and Income Statement

The balance sheet shows the financial picture of a business at a given point in time. It is what the organization owns versus what they owe.

Don't use plagiarized sources. Get Your Custom Essay on
Financial Statements and Income Statement 
Just from $10/Page
Order Essay

The income statement shows the profit (or revenue-positive position) versus the loss of an organization over time.

For this phase, utilize Merrill Lynch’s handout on reading financial statements

You can put this in google & it’ll pull it up:

1. Using one year of the balance sheet, determine the organization’s liquidity through the current ratio and debt-to-equity ratio.

Use the table below and answer the questions.

(This is supposed to be a table but I cant included it for some reason)

Left Side                                                                      Right Side

Current Assets ________                                          Current Liabilities______

Fixed Assets _________                                           Long-Term Liabilities______

Other Assets __________                                           Shareholder Equity ________

a. What is the current ratio? Do you have enough current assets to meet your current liabilities? Explain. (Refer to page 23 of the Merrill Lynch handout)

b. What is their debt-to-equity ratio? Total liabilities/total shareholder equity =

2. Using one year of the income statement, determine the organization’s profitability or fund balance perspective through operating margin and net profit ratio. Use the table below and analyze the both the operating margin and net profit ratio. Refer to page 31. Of the Merrill Lynch handout/link.

 Operating Margin =      Operating Income/net sales

 Net Profit Margin=         Net Income/net sales

Grading Rubric Balance Sheet – 40 points

Income Statement – 40 points

APA Format, Use of References – 15 points

Grammar, Spelling, Punctuation – 5 points

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
error: Content is protected !!
Open chat
You can contact our live agent via WhatsApp! Via +1 817 953 0426

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code STARS