Week 1 financial statements | ACC561 Accounting | University of Phoenix

Write a paper between 1,200 to 1,700 words. Format your paper consistent with APA guidelines. Deliverable: Paper (MS Word)

Company: L3 Harris Technologies, Inc. Stock Symbol: LHX Open the link to the company’s financial statements. The link is listed under the Resources heading (see below). Review the data included with the income statement, balance sheet, and cash flow tabs.  

1. Explain the information provided by each financial statement and include specific examples.

2. Review the accounting data and explain the positive or negative trends. How does this impact the business?

3. If you were an investor which financial statement AND accounts would you review? Why?

4. If you were a member of the management team which financial statement AND accounts would you review? Why? 

  

Resources:

  

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