Principles of Finance
Select one U.S. publicly traded company and review its most recent annual report. (You may use one of the three companies you selected for your Stock Journal assignment.)
Determine the changes in assets, liabilities, and equity.
Determine the changes in total revenue and net income.
Describe the changes from the current and prior years in each of these key areas and whether the changes would be positive or negative from an investor/stockholder's view.
Go to the Strayer library search page to locate and incorporate at least two quality sources into this assignment.
For stock price information, you may use the New York Stock Exchange, NASDAQ, Yahoo! Finance, or The Wall Street Journal Online.
Submit two documents for your Annual Report activity submission by uploading both documents at the same time in the submission area:
Week 4 Homework: Finance in Business
Name
FIN100M: Principles of Finance
Instructor
August 5, 2021
Week 4 Homework
Changes in assets, liabilities, and equity
Year/
2021
2020
2019
2018
Details
(In millions)
(In millions)
(In millions)
(In millions)
Assets
$ 333,779
$ 301,311
$ 286,556
$ 258,848
Liabilities
$ 191,791
$ 183,007
$ 184,226
$ 176,130
Equity
$ 141,988
$ 118,304
$ 102,330
$ 82,718
In 2019, 2020, and 2021 Microsoft's assets were $286,556 million, then increased to $301,311 million and $113,779 million, respectively, while the assets were $258,848 million in 2018 (Yahoo Finance, 2021). The assets increased by $32,468 million from the financial year June 30, 2020, to June 30, 2021. In the Fiscal Year ended June 30, 2021, the liabilities were $191,791 compared to $183,007 the previous year and $184,226 million in 2019 (Yahoo Finance, 2021). There was a 0.66% decrease in the total liabilities from 2019 to 2020. Like the assets, the equity increased in the past three financial years at $ 102,330 million, $118,304 million, and $141,988 million in the financial years 2019 to 2021. There was a $23,684 million rise in equity from 2020 to 2021 compared to a $ 15,974 million increase from 2019 to 2020 (Yahoo Finance, 2021).Changes in Total Revenue and Net Income
(In millions, except per share amounts)
Year Ended June 30,
2021