Assignment

Choose a company that has experienced negative press recently about its financial dealings.
Provide a financial summary of your selected company’s financial health, including a timeline of possible financial gains and losses.
Define 2 financial concepts and how they played a major part in the company’s negative financial press and possible downfall.
Discuss the following:
Based on your research of your company’s financial health, can the company recover?
What are two key ways you think the company can become financially strong again?

To answer these questions, you will need to follow these steps:

1. Choose a company that has experienced negative press about its financial dealings. You can search for companies in the news, or choose one you are already familiar with.

2. Gather financial information about the company. This can be done by accessing the company's financial statements, such as its income statement, balance sheet, and cash flow statement. You can usually find these statements on the company's website or through financial databases like Yahoo Finance or Bloomberg.

3. Analyze the financial health of the company by examining key financial ratios and trends. Some important financial indicators to consider include profitability ratios (such as gross margin and net profit margin), liquidity ratios (such as current ratio), solvency ratios (such as debt-to-equity ratio), and efficiency ratios (such as inventory turnover and accounts receivable turnover).

4. Create a timeline of possible financial gains and losses for the company. This can be done by examining the company's financial statements over a specific period of time, such as the past few years. Look for significant events, such as changes in revenue, costs, or investments, and how they have impacted the company's financial performance.

5. Define two financial concepts that played a major part in the company's negative financial press and possible downfall. Choose concepts that are relevant to the company and its industry, such as excessive debt, poor cash flow management, accounting irregularities, or ineffective corporate governance. Explain how these concepts contributed to the negative financial press and the potential downfall of the company.

6. Based on your research, assess whether the company can recover from its financial challenges. Consider factors such as the company's financial resources, competitive position, management team, and industry outlook. Look for any signs of improvement or potential for turnaround.

7. Propose two key ways the company can become financially strong again. These can include strategies such as cost-cutting measures, restructuring debt, divesting non-core assets, improving operational efficiency, increasing revenue through new products or markets, or strengthening corporate governance practices. Make sure your suggestions are specific and tailored to the company's situation.

Remember to cite your sources and provide evidence to support your analysis and conclusions. Good luck with your assignment!