Intermediate Accounting II

Create a 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.