09 Jan Kingsborough Community College Logo
Kingsborough Community College Logo
Accounting 2200 Professor John Jastremski
Term Project Fall 2021
Warren Buffett and the Interpretation of Financial Statements
Determining if a Company Has a Durable Competitive Advantage
Step 5: Template for Final Submission (70 points)
Instructions: Download and open this file on your desktop or laptop/tablet. The document is in Word format (Office 2010; the extension is *.docx). Type your responses into the appropriate cells in the table. Save the file (save it as a Word document with the *.docx extension or as a PDF file), then upload into Blackboard by the due date, 12/3/2021. DO NOT UPLOAD PICTURES, SCREEN CAPTURES, JPG/JPEG, GIF, etc.
Table 1. Student and company information.
Student name:
Name of company selected:
Ticker symbol:
Table 2. Method of how financial statements will be provided. Use an “X” to specify one of the options below.
Indicate with an X below
Description of How Financial Statements Will Be Provided:
I previously uploaded a copy of the financial statements into Blackboard. The financial statements are either a Word document, an Excel file or in PDF format.
I did not previously upload the financial statements; I provided a link to the financial statements. Copy and paste the link in the cell below. BE SURE THE LINK WORKS. TEST IT – BETTER YET, GIVE IT TO SOMEONE ELSE AND HAVE THEM TEST IT.
Link to financial statements:
Table 3. List of chapters and financial statement components selected.
Chapter #
Indicate the Financial Statement for the Component:
Income Statement (minimum 3);
Balance Sheet (minimum 3);
Cash flow Statement (minimum 1)
Name of Financial Statement Component Used in your Analysis
1
2
3
4
5
6
7
8
9
10
Table 4. (1 – 10) For each item listed in table 3, complete each of the following ten tables (use one table for each component):
· provide (at least) three years of data.
· interpret what can be learned from the data.
· weigh the significance of the data you are presenting.
4.1
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.2
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.3
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.4
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.5
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.6
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.7
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.8
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.9
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
4.10
Chapter #:
Type answer here:
Name of financial statement component or ratio:
Type answer here:
Data for a minimum of 3 years (list in the order of newest to oldest):
Type answer here:
Based on this data-point, what can you conclude about the company’s durable competitive advantage?
Type answer here:
Weight the significance of this data-point by choosing one of the options below (choose only one by placing an X in the column to the left):
A. Extremely important in influencing my opinion about the firm’s competitive advantage.
B. This is an important datapoint, but not as important as others I selected.
C. This is an important data-point, but in my opinion, an unfavorable value or trend is not enough to prevent me from concluding that the firm has a durable competitive advantage.
Summary
In the space below, state your conclusion about why the firm does or doesn’t have a durable competitive advantage. Use the data you have provided to support your opinion. State your opinion as succinctly as possible.
Type response here:
