Do research on the internet and choose the most recent audited financial stateme

Question

Do research on the internet and choose the most recent audited financial statements of a publicly traded company - Year ended December 31, 2017.

Tell what you learned about the company.

Tell how the company performed. Based on the information in the statements and other information about the company, how would you assess their financial condition and financial future?

For example:

"The publicly traded company I chose is the Walt Disney Company (DIS). I chose this company for one of two reasons, one I love Disney and was able to travel there early this year and second is because I thought it would be extremely interesting to see their financial statements and compare them to years past.

One thing interesting I found out was that Disney was made public back in 1957 and sold their first shares for only $13.88. It now sells for $110.87. In December of 2017 it sold for $108.05 and in December of 2016, it was $101.79.

Their performance level this year has declined when it comes to their gross profit and total revenues have decreased. In the year ending of 2017 their gross profit was $24,946,000 and in 2016 it was $25,741,000. Their net income has also dropped from $9.3 million in 2016 to $8.9 million in 2017.  

As for their future, this could have been a tough year for multiple reasons, however, I do believe that Disney will continue to flourish in their upcoming years and that in years to come we will see a gradual rise in upcoming years like we have seen in the past.

https://finance.yahoo.com/quote/DIS/"

You can find the statement of any company in google.

Thank You!

Explanation / Answer

Verizon communication is a global leader engaged in the business of wireless networks including 4g and 5g, broadband services, fiber optics, advertising platforms and managed security solution.

Verizon Communications revenue has remained flat for the year ending on December 2017 at $126,034 million as compared to $125,980 million revenue in 2016. Total operating profit has increased by 1.3% from $27,059 in 2016 to $27,414 in 2017. Verizon’ net income has increased from $13,608 million to $30,550 million.

Verizon commenced trading on the New York Stock Exchange under the VZ symbol on July 3, 2000. Verizon communication is currently trading at $54.55 with $55.42 being 52 weeks high, and $43.96 being 52 weeks low.

Asset base in 2017 has improved to $257,143 million from $244,180 million in December 2016, which is primarily driven by the increase in account receivable and Property, plant and equipment.

Verizon stock was trading at $52.93 on December 29, 2017 and $53.38 on December 30, 2016

For 2018, Verizon expects that consolidated revenues will grow at low-single-digit percentage because Verizon faces continuing pressure in the postpaid segment.

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