Business Finance
FIN575 University of Phoenix Tyson Foods Financial Statements Paper

FIN575

University of Phoenix

Question Description

Develop a 700-word evaluation on the Overview of Financial Statements using the following as guides:

  1. Locate a financial statement (income, balance, statement of cash flow) for a company similar to one you wish to create.
  2. Identify the salient information contained in the financial statements (income statement, balance sheet, statement of cash flow).
  3. Identify the company's net income (income statement), total assets (balance sheet), and total net cash flow (statement of cash flow).
  4. Explain how financial statements (income, balance, statement of cash flow) are connected to each other.
  5. Examine the importance and the relevance of financial statements for the entrepreneur.

Cite a minimum of one peer reviewed reference from the University Library.

Unformatted Attachment Preview

Overview of Financial Statements Grading Guide FIN/575 Version 3 Project Budget and Finance Copyright Copyright © 2016, 2011 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Overview of Financial Statements Grading Guide FIN/575 Version 3 Individual Assignment: Overview of Financial Statements Purpose of Assignment The purpose of this assignment is for students to utilize their critical thinking skills to understand the information contained within a company’s financial statements and how they articulate with each other. Grading Guide Content Met Partially Met Not Met Total Available Total Earned 5 #/5 The student utilized critical thinking skills to understand the information contained within a company’s financial statements and how they articulate with each other. The student located a financial statement (income, balance, statement of cash flow) for a company similar to one to create. The student identified the salient information contained in the financial statements (income statement, balance sheet, statement of cash flow). The student identified the company’s net income (income statement), total assets (balance sheet), and total net cash flow (statement of cash flow). The student explained how financial statements (income, balance, statement of cash flow) are connected to each other. The student examined the importance and the relevance of financial statements for the entrepreneur. The student cited a minimum of one peer reviewed reference from the University of Phoenix Library. The evaluation is 700 words in length Comments: 2 Overview of Financial Statements Grading Guide FIN/575 Version 3 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 2 #/2 7 #/7 The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total Additional comments: # Comments: 3 ...
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Final Answer

Attached.
Attached.

Running Head: Financial statement overview

Financial statement overview
Tyson Foods Corporation
Name
Instructor
Institutional Affiliation
Date

1

Financial statement overview

2

Financial statement overview

3

Question 1
The company chosen is Tyson Foods Inc. to enable us in coming up with financial
knowledge on the need to have a competitive position in the market. Tyson Foods, Inc., also
known as Tyson Corporation by the general public, is a purely American based multinational
corporation headquartered in Springdale, Arkansas, that operates in the lucrative food industry
(Constance,Martinez & Aboites, 2010). The excel sheet contains the income statement, balance
sheet and the statement of cash flows.
Question 2
The income statement of Tyson Foods Inc. has the following reports quite some items.
The total revenues and the cost of the revenue help to get the company’s gross profit. Afterward,
operating expenses heading is provided that is comprised of research and development together
with selling general and administrative related costs. Also, the statement offers incomes from
other continuing operations as well as total other incomes/expenses net. Interests expenses and
the income tax expenses are also given in the income statement. The minority interests share of
the income is also present in Tyson Foods Inc. income statement. The report also provides the
gross profit, operating loss/income, earnings before interest and taxes, earnings before tax,
earnings after tax and the net income applicable to common shares.
The balance sheet of the company generally categorizes its salient information under
assets, or liabilities or equity. The company’s current assets are made up of cash and cash
equivalents, short-term investments, net receivables, inventory and other current assets to give
the total current assets. Under the long-term asset section, the company reports its property plant
and equipment, goodwill, intangible assets, accumulated amortization, other assets and the

Financial statement overview

4

deferred long terms asset charges. A sum of the current assets and the long-term assets gives
total assets of the company. The liability section is divided int...

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