This project allows Financial Accounting students to apply course knowledge to a real world publicly traded corporation. Using research, critical thinking and analysis, students will prepare information required for business and investing decisions. All analysis will use the latest fiscal year data unless previous years are needed for averages or comparisons.

Requirements:

• Use the Home Depot Annual Report for 2014.

• Access on-line information sources to locate the Home Depot Annual Report for 2014 if you do not have the copy provided with the text. There is an abbreviated copy in the appendix at the back of the book. The following information will be needed:

   Financial Statements    

          Notes to the Financial Statements

          Auditor’s Opinion Report

          Management’s Discussion

• Calculate the following Financial Ratios: Use the form provided in Blackboard and show all calculations. The Excel worksheet needed to complete the project is under the Assignments tab in Blackboard. If a ratio does not apply to your company write N/A for that ratio.  

Debt to Assets Ratio

Current Ratio

Net Profit Margin

Asset Turnover

Assets to Equity Ratio

Return on Equity

Inventory Turnover

Average Days to Sell Inventory

Gross Profit Margin 

Earnings per Share

Price-Earnings Ratio (The closing stock price on 1/31/14 was $76.64.)

Accounts Receivable Turnover

Average Days to Collect A/R

• Determine which accounting firm is the auditor of the company’s statements and what type of opinion the Auditor has issued. What is the auditor’s assessment of the company’s Internal Controls? (Put your response in the Excel worksheet you have been working on above. Be sure to use the correct tab at the bottom).  

• What is your own opinion on the company’s financial condition? Would you invest in, loan money to or work in this company? Base your decision on your findings. Use at least 3 ratios to support your answer. (Put your response in the Excel worksheet you have been working on above. Be sure to use the correct tab at the bottom).  

• Print the Excel Worksheets and submit to me by July 10, 2017 or email the worksheets to me by the same date.

• Be sure to read and follow all directions. For the ratios, you must list the formula, show your work (the numbers you are using in your calculation), and the ratio answer in the appropriate columns on the worksheet. The current ratio is completed as an example.

• Attachment 1
• Attachment 2

Each DQ need to be between 175 to 250 words each.

DQ 1

Evaluating Kotter’s Change Model

Kotter’s 1996 classic article on change management is widely  recognized as seminal. Critically evaluate Appelbaum, Habashy, Malo, and  Shafiq’s 2012 article, “Back to the Future: Revisiting Kotter’s 1996  Change Model,” that reviews Kotter’s model. 

DQ 2

Evaluating Transparent Supply Chains

After reviewing Doorey’s 2011 article, “The Transparent Supply  Chain: From Resistance to Implementation at Nike and Levi-Strauss,” in  this unit’s study, identify two example organizations. One of your  examples should point out a firm well-known for transparency in its  supply chain operations. The second example should identify an  organization known for its lack of transparency. Discuss possible  motives for the management approach to transparency in each example.