Choose an industry that you want to analyze throughout the course. Perhaps you have worked for a company in a particular industry, or you are interested in possibly being employed in a company within a certain industry. The best way to decide on an industry is to do the following in the CWU library (here is a script of this video available for download: Video Script – Hoovers.docx
Prepare a three-page analysis (the header/title page and the references page are NOT included in the count of pages) where you describe the following for the FIRST company you have selected:
1. Examine and describe how the company makes money and when revenue is recognized. Is it clear to you how the company makes money?
2. Find one interesting thing that you did not know about the company that is related to a specific line item on the income statement or the balance sheet. Start by identifying something that you think is unusual on the income statement or balance sheet (maybe one line item has variations in balances from year to year, or you see in one year a balance that is much higher than in other years). Seek the answer to this anomaly in the SEC 10-K report. Assess what you researched, why you researched it, and what you found out
Reminder: You will choose one industry and two companies. This assignment is analyzing the FIRST company you have chosen in the industry of choice.
(here is a script of this video available for download: Video Script – Hoovers.docx