I’m asking whomever is tasked with this to follow the below instructions as closely as possible!
This report will be all derived from this Exxon Mobil SEC 10-k:
https://www.sec.gov/ix?doc=/Archives/edgar/data/34088/000003408820000016/
xom10k2019.htm
PLEASE REFERENCE ANY SOURCES USED ON THE WEB!!!!
I have also posted a link in the email of an example project of Costco for reference!!!
Friendly reminder, this report is ALL ABOUT EXXON!!
Instructions:
Part I.
SEC 10-K Report Due Week 7: August 4
You will be asked to select a company that is publicly traded. You must research and secure the SEC
10-K Annual Report for the most recent year. This is often available at the company web site. Or the
website for the Securities and Exchange Commission (SEC). Look for "Investor Information" or
"Company Information". Save the file to your computer for easy access in future. There is no need
to print as the report is usually 100 pages or more.
1. Post the name of your company in the SEC 10-K company in the week 1 Discussion. See Week 1
Discussion Board for more detailed company selection requirements.
2. Each student must select a different company so read the company names selected by classmates.
It is your responsibility to avoid duplication of names.
3. You will use this company for responding to Discussion assignments related to this SEC Project
during the semester.
4. You will write a paper, single spaced, one- inch margins, 12- point font, with double space
between paragraphs. Your paper should comment on the financial statements for your company as
they relate to the information presented in this course. A prescribed format for presenting this paper
with additional requirements is available at the end of this document. You MUST adhere to the
format provided below; otherwise you will lose points.
5. Take care to avoid academic dishonesty. Write your paper, read it, and edit. Use your own words.
6. If you choose to include tables from outside sources, portions of the financial statements, etc.,
they must be in the Appendix and not in the main body of the paper. If you create your own table,
you can include them in the body of the paper.
7. You will also be required to include links to the Income Statement, Balance Sheet and Cash Flow
Statement as an attachment to your report.
8. APA style is required for overall format and for citations unless superseded by other
requirements noted in the instructions here.
9. Ask questions if any of the requirements are unclear
10. Additional guidance for your paper and resources:
11. Please include a title page (include your name on the title page)
12. Include in text citations (business classes use APA format)
13. Your paper should use one-inch margins on the left, right, top, and bottom of each page, and font
set at 12 points.
14. Take care to comply with the UMUC policy for academic honesty
15. Write your paper, in your own words, using accounting words from our textbook and explaining
how these relate to the financial statements of your company
16. Your discussion postings related to your company during the semester should assist you in
completing this paper
17. Visit the Accounting Toolbox in the Course Content of our Leo Classroom
18. The Accounting Toolbox is a constant resource in our UMUC undergraduate accounting courses
19. Links and explanations to assist you with this paper may appear in this resource
20. Please make sure you review carefully and ask questions if you have any.
SEE BELOW FOR FORMAT AND ADDITIONAL PROJECT REQUIREMENTS
Draft
SEC Report: 100 points
Name of your Company
Your name:
Course Title and Number
Professor’s Name
THE ABOVE INFORMATION SHOULD BE IN YOUR TITLE PAGE
PAGE 2: This page is the start of the main body of your paper. Your paper must have the section
headings in bold and follow the same numbering sequence as below.
I. Introduction and Company Background Information (minimum ½ page) 5 points.
II. Discussion on Income Statement (minimum ½ page) 12 points
II. Discussion on Balance Sheet (minimum ½ page) 12 points
II. Discussion on Statement of Cash Flows (minimum ½ page) 12 points
V. Ratio Analysis (need a minimum of 4 ratios) 16 points. Computational support must be shown.
Alternatively, if you found the ratios on a website, you can use it with the condition that you must
cite your source here in this section as well as at the end of the paper along with other citations.
(1) Current Ratio: 1.1
Comments: You must briefly interpret the results in 1-2 sentences.
(2) Accounts Receivable Turnover 2.5
Comments: You must briefly interpret the results in 1-2 sentences
Note: The above ratios were provided for illustrative purposes only. You decide which ratios you
wish to use. You must follow the format provided in the sample Costco report to avoid loss of
points.
VI. Horizontal Analysis (need a minimum of 4 items-2 from Balance Sheet and 2 from
Income Statement) 16 points
Account 2016 2015 Difference $ Difference %
1. Cash $1,050,000 1,000000 $50,000 5%
2. Accounts Receivable etc.
Comments: You can briefly interpret the results of each item or comment on all 4 items together. If
you choose to comment on each item, your comments must immediately follow each item.
Note: The above accounts were provided for illustrative purposes only. You decide which accounts
to analyze. You must follow the format provided in the sample Costco report to avoid loss of
points.
VII. Vertical Analysis (need a minimum of 4 items-2 from Balance Sheet and 2 from Income
Statement) 16 points
Note: The base accounts Sales or Total Assets or Total Liabilities & Stockholders' Equity does not
count as one of the two items although you need to include the base account used.
Eg. Income Statement
Base: Revenues $5,000,000
CGS $1,000,000/$5,000,000 =20%
Net Income: $2,000,000/$5,000,000=40%
Balance Sheet
Total Assets Base: 10,000,000.
1. Cash 1,000,000/10,000,000 = 10%.
2. Inventory: 2,000,000/10,000,000=20%.
Comments: You can briefly interpret the results of each item or comment on all 4 items together. If
you choose to comment on each item, your comments must immediately follow each item.
Note: You must follow the format provided in the sample Costco report to avoid loss of points.
VIII. Conclusion (minimum ½ page) 5 points
IX. References: Minimum of three. 6 points
APA Format
