Using the 2010 Avnet Form 10- K that can be found at www. pearsonhighered. com/ fraser, complete…


Question Description:

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Using the 2010 Avnet Form 10- K that can be found at www. pearsonhighered. com/ fraser, complete the following requirements: ( a) Open the financial statement analysis template that you saved from the Chapter 1 Avnet problem and input the data from the Avnet balance sheet. Be sure to read the notes to the financial statements to determine the correct numbers to input on the template. For example, the company has combined income taxes payable with another liability account and property, plant and equipment has been recorded net of accumulated depreciation. When you have finished inputting the data, review the balance sheet to make sure there are no red blocks indicating that your numbers do not match the cover sheet information you input from the Chapter 1 problem. Make any necessary corrections before printing out both your input and the common- size balance sheet that the template automatically creates for you. ( b) Analyze the balance sheet. Write a summary that includes important points that an analyst would use in assessing the financial condition of Avnet. Attachments: Template-FinS….xls

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