Overview In Project Two, you will analyze and evaluate a business’s financial health and recommend the best financing options for the business to choose in order to improve its current financial...

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Overview


In Project Two, you will analyze and evaluate a business’s financial health and recommend the best financing options for the business to choose in order to improve its current financial health. Use theProject Two Business Options Listto choose the business that you will examine in Project Two. Then, use Mergent Online to locate the most recent quarterly financial statements for the business: the balance sheet, the income statement, and the cash flow statement.


In order to succeed in your Project Two assignment, you will need to understand the role of financial statements and how they help businesses determine their current financial health. You will also need to describe why cash flow management is important to a business and that business’s financial health.


Prompt


Write a brief journal introducing the business you chose for your Project Two assignment.


Specifically, you must address the following rubric criteria:




  • Business Selection: Provide a description of the business you chose, including the business name and what it offers consumers.




  • Financial Statements: Using Mergent Online, provide a copy of the balance sheet, the income statement, and the cash flow statement for your chosen business from the most recent fiscal quarter.




  • Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their current financial health.




  • Cash Flow Management: Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an example to support your claims.


Guidelines for Submission


Your journal submission should be a 3- to 4-paragraph Word document with 12-point Times New Roman font, double spacing, and one-inch margins. Any sources should be cited according to APA style. You will also need to submit the Excel files for your chosen business’s balance sheet, income statement, and cash flow statement from Mergent Online.

Answered 3 days AfterSep 07, 2021

Answer To: Overview In Project Two, you will analyze and evaluate a business’s financial health and recommend...

Sumit answered on Sep 11 2021
148 Votes
Business Selection: The business that I have chosen for this assignment is TESLA INC. The company is an American company which was founded in the year 2003. The main business of the company is manufacturing and selling of Electric Cars. The fortune of the company started turning ever since Elon Musk took over as the Chairman and the largest shareholder of the company. The company is one of the Leading electric car manufacturing companies. Along with the electric cars, the company is also leading innovation in electric batteries which are being sold not only for electric cars but also for other purposes as well. The company is engaged in developing alternative source of energy as well. The main purpose of the company is to develop sustainable transport and energy using electric vehicles and solar power. The main factory of the company is situated in Califonia. The first electric car model introduced by the company was Model S. The main source of revenue of the company is based on the sale of electric cars. Some of the other sources of revenue of the company are sale of energy products (mainly solar power based) and service revenue form servicing of sold cars. In the year 2020 the share price of the company has increased significantly which has increased the valuation of the company to be greater than that of BMW, Daimler and Volkswagen combined. The rise of the company in such a short period of time is solely due to the futuristic thinking and making products for the future and not for...
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