answer qustions analysis company

User Generated

gbgb999

Business Finance

Description

analysis company , i have attached statement of the company and pic that has the questions. https://www.sec.gov/Archives/edgar/data/1022079/00...

Unformatted Attachment Preview

Research project: Re-do the follow question based on Quest's Financial Statement Type out your answers and present it as a written report, fully analyzing this company Get on-line to do your research on this company and feel free to discuss with your classmates, but the final presentation of the written report is to be evaluated individually. 1. In 2016, did Quest issue any NEW shares? Did Quest buy back any shares? Use numbers from the Equity Statements to explain the change of "Share of Common Stock Outstanding". 2. How much does Quest spend on Treasury Stock in 2016? Give a discussion, what are some of the reasons companies buy their own Treasury Stocks. 3. In 2016, Quest's Net income is $696, Net cash provided by Operating Activities is $1069, what is the interpretation on the quality of their net income. 4. What kind of accounting treatment to the changes in asset valuations can lead to Other Comprehensive Income? Did Quest have other comprehensive income in 2016? In 2016, currency exchange rate is to Quest's advantage or disadvantage? In 2016, did Quest have unrealized holding gains or losses? 5. Is Quest an Introduction stage, Growth stage, Mature Stage or Decline Stage company? Give your analysis. 6. Did Quest sale any business in 2016? If so, at a gain or loss? How is the gain or loss treated on the Cash Flow statement? 7. GIVE YOUR OVERALL COMMENTS ON THIS COMPANY, IF YOU ARE ASKED TO GIVE INVESTMENT SUGGECTION WHETHER TO BUT, TO HOLD, OR TO SELL THIS COMPANY'S SHARES, WHAT DO YOU SAY? SUPPORT YOUR SUGGESTIONS WITH YOUR ANALYSIS, AT THE END OF THE ANALYSIS, POINT OUT 3 STRONGEST REASONS TO SUPPORT YOUR VIEWPOINTS.
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

There:), waiting for your feedback

RUNNING HEAD: RESEARCH PROJECT

Research Project- An Analysis of Quest Diagnostics
Student Name
Unit Code- Name of Institution

1

FINANCIAL ANALYSIS: QUEST DIAGNOSTICS

2

The balance in shares of common shares outstanding as of December 31st
2016 for Quest Diagnostics was 137 million. The number of shares of common
shares outstanding in 2015 was 143 million. Quest did not issue any new shares
in in 2016. It however bought back 7 million shares of common stock and 1
million shares were added to the balance through exercise of stock options.
Quest Diagnostics formulated a two-year strategy referred to as the Accelerated
Share Repurchase Agreement whose main aim was to redeem the value of it
common stock. In 2016, Quest purchased 7 million shares of common stock for
$590 million. The value of treasury stock repurchased in 2016 was $590 million.
Companies buy back treasury stock for redistribution, as a strategy to
protect the company from takeover and to recover the value...


Anonymous
Awesome! Perfect study aid.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags