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ACC 230 Week 1 Checkpoint Financial Statements | Rated A+
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CheckPoint: Assessing Financial Statements


Resource:Ch. 2 of Understanding Financial Statements,and Ch. 1 PowerPoint® (pp. 1-10, 1-11, and 1-13)


Searchthe Internet for the financial statements of your favorite company or your employer. You may either locate the corporate Web site for your chosen company, or you may select a company’s financial statements from the EDGAR database at


  • Post a 200- to 300-word response that includes the following information:
  • Three strengths and three weaknesses in the financial statements
  • Trends in net profit, debt ratio as a percentage of total assets, and debt as a percentage of total equity
  • A review of 2- to 3-year trends and an analysis of positive and negative trends
  • A confirmation of whether or not the company is discussing what it intends to do to correct negative trends

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