Financial Statements
• Groups allowed. Only two people per team, maximum.
• Subject: Recording Understanding the information included in the financial statements.
• Students must source a Net Income Statement and a Balance Sheet of a General Electric Company 2023-22-21 (from the Internet, financial press, other
media) and:
o Present the Net Income Statement: Description of the information featured and its meaning.,
o Present the Balance Sheet: Description of the information featured and its meaning.,
o Conclusion on the above statements., The firm’s results. Is your firm profitable? Justify your answer.,
o What cannot the statements tell us?
.
Formalities:
• Format: A Word document submitted in pdf format.
• Wordcount: Minimum 2,000 words
• Cover, Table of Contents, References, and Appendix are excluded of the total wordcount.
• Font: Arial 12,5 pts.
• Text alignment: Justified.
• The in-text References and the Bibliography have to be in Harvard’s citation style.
Submission: Week 6 – Via Moodle (Turnitin). Deadline: November, Sunday 17th 23:59 h.
This task assesses the following learning outcomes:
• Understanding the P&L statement.
• Understanding the Balance Sheet.
• Understanding the result of a firm.
• Assessing what cannot be explained by the statements.Task
This task is Assignment 2.
• Groups allowed. Only two people per team, maximum.
• Subject: Recording Understanding the information included in the financial statements.
• Students must source a Net Income Statement and a Balance Sheet of a General Electric Company 2023-22-21 (from the Internet, financial press, other
media) and:
o Present the Net Income Statement: Description of the information featured and its meaning.
o Present the Balance Sheet: Description of the information featured and its meaning.
o Conclusion on the above statements. The firm’s results. Is your firm profitable? Justify your answer.
o What cannot the statements tell us?
.
Formalities:
• Format: A Word document submitted in pdf format.
• Wordcount: Minimum 2,000 words
• Cover, Table of Contents, References, and Appendix are excluded of the total wordcount.
• Font: Arial 12,5 pts.
• Text alignment: Justified.
• The in-text References and the Bibliography have to be in Harvard’s citation style.
Submission: Week 6 – Via Moodle (Turnitin). Deadline: November, Sunday 17th 23:59 h.
This task assesses the following learning outcomes:
• Understanding the P&L statement.
• Understanding the Balance Sheet.
• Understanding the result of a firm.
• Assessing what cannot be explained by the statements.