Name _________________________________ ACC 110 Financial Accounting Information for Decision-Making Spring 2017 Annual Report Project Objectives Locate specific financial accounting information in the Gap Inc. (Gap) 2016 Annual Report. Calculate various financial ratios and interpret. Gain a better understanding of the financial aspects of Gap’s retail business. Instructions 1. Locate Gap Inc.’s 2016 Annual Report which has been posted to Blackboard with these instructions. 2. There are 10 sections of questions. You will find the information necessary to answer the questions in “Item 8. Financial Statements and Supplementary Data,” beginning on page 33 of the report. Read through the questions carefully and answer in the space provided. 3. Please submit your project in hard copy---do not e-mail . DUE DATE: Thursday, May 4, 2017 (last day of class) Late projects will not be accepted . Section 1. Balance Sheet - Overview 1. What are the following amounts at 1/28/17: a. Total Assets __________________ b. Total Liabilities __________________ c. Total Owner’s Equity __________________ 2. At 1/28/17: a.
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- Fall '15
- Financial Accounting