Complete the following homework scenario:
Â· Select one (1) U.S. publicly traded company and review its most recent Annual Report. (You may use one (1) of the three (3) companies you selected for your Stock Journal assignment.)
o Use the Income Statement and Balance Sheet to determine the changes in:
Â§ assets, liabilities, and equity
Â§ total revenue and net income
o Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholderâ€™s view.
1. Record the current price of the stock for each company you selected in Week 3â€™s Stock Journal. You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day). Using MS Excel spreadsheet or MS Word document, put your Week 3 and Week 8 stock prices side-by-side, to show your comparison.
2. Determine the current value of your total investment. Do not make any changes to your investment at this time. Calculate your total based on the number of shares and the new price per share, for each company.
3. Provide your opinion / assessment of your investments. Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because your investment is worth less than $25,000? Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static.
4. APA Format.
WEEK 3 Journal:
BAC-PL â€“ Bank of America
S10,000/S14.56 = 686 shares
Company â€“ industry â€“ sector
Price to Sale (TTM) 1.893.964.00 this prove that this company is so undervalued and they have a positive earnings per share in the past year and only once negative in the past 2 years. Their estimation revenue will increase 7% in 2016 to 2017.
S5000/S240.76 = 21 shares
Their sales compare to the other company in the sector are relatively good, they just released a new model and also this is a car company for the future, So I think this will be a good long term investment.
S10,000/S707.88 = 14 shares
It’s been profiting since 2014 and never have negative earnings per share. Still a developing company which they still buying more other technological company. Their LT growth rate is 14.6%.