*****I need an Executive Summary with in-text citation; APA


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Apr 01, 2016. *****I need an Executive Summary with in-text citation; APA format with at least 4 references. -AND- Create an extensive outline for writing the ‘Group Financial Statement Analysis Project’. The companies we are writing on are ‘SpaceX’ and ‘Blue Origin’ .***** GROUP FINANCIAL STATEMENT ANALYSIS PROJECT The objective is to prepare a report comparing two firms that are competitors in the same industry to determine which company appears to be a better investment from the viewpoint of a potential shareholder. The two companies should have same fiscal year end, preferably December 31. Report your findings in a paper which is due for Unit 6. The discussion topic for the Unit 7 will be to post comments about each group’s financial statement analysis. Discussants will indicate whether they agree with the group’s conclusions. (Please chose someone other than Wal-Mart and Target). Format for the report: A one page executive summary should precede the report. The executive summary serves to highlight the key findings of the report. The body of the report should include a(n): • Discussion of how the competitor firms were chosen (We chose SpaceX and Blue Origin because SpaceX is an aerospace manufacturer and space transport services company that is founded by PayPal entrepreneur and Tesla CEO Elon Musk, and Blue Origin is an aerospace developer and manufacturer set up by Amazon.com founder Jeff Bezos. Both are American Companies created by extremely sucessful businessmen) . Include a discussion of the North American Industry Classification System (NAICS). Cite references! • Discussion about the background of each company, the current forces that affect its operations, and its expectations for future years (management’s discussion and analysis (MD&A) will be useful here). You should site at least four articles obtained from reliable sources, such as PROQUEST and Lexis/Nexis which are available online through the Nova online library resources. • According to the management report (also called “Responsibility for Financial Reporting”), who bears responsibility for the integrity and objectivity of the financial statements? ⎫ What means does management use to assure that the financial information is reliable? ⎫ An audit committee is comprised of several members of the board of directors. The committee acts as the liaison between the independent auditor and the corporation. What is the responsibility of the Audit Committee of the Board of Directors? • Discuss the audit report: ⎫ Who is the corporation’s independent auditor and in which city is the auditor located? ⎫ List and explain the types of audit opinions. ⎫ Read the auditors’ opinions of the companies and indicate the type of opinion expressed by the auditors. ⎫ An auditor’s report will state the responsibility of the auditor. What is the responsibility of the auditor with regard to the financial statements. ⎫ What guidelines do the auditors use to conduct the audit? ⎫ Do the auditors believe the financial statements were presented fairly? What statements in the audit opinion support your conclusion? • Present a comprehensive financial statement analysis. Prepare the common size statements and all the ratios and amounts for the measures given below for the three most recent years for both of your companies and present in a clear tabular form. Then discuss each category given below. ⎫ Common-Size financial Statements ⎫ Ratios from chapter 15 (i.e. working capital, current ratio, acid-test ratio, accounts receivable turnover, average collection period, inventory turnover, average sale period, operating cycle, total asset turnover, times interest earned, debt-to-equity ratio, equity multiplier, gross margin percentage, net profit margin percentage, return on total assets, return on equity, earnings per share, price-earnings ratio, dividend payout ratio, dividend yield ra…

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