Analyzing the Financial Statements

Throughout this course, you will examine various financial aspects of Deere & Company. These examinations will culminate in a summative evaluation of the company in your Final Project. Start by reviewing the Final Project instructions in Week 6. Then, download and review the appropriate quarterly and annual report for Deere & Company based on the following instructions.

Files to Download

Download the quarterly reports (10Q) for Deere & Company by completing the following:
Go to the John Deere investors’ webpage, Investor RelationsLinks to an external site., on the Deere & Company website.
Click to expand last year’s set of statements under the “Quarterly Earnings & Events” header in the middle of the page.
Download the appropriate quarter earnings 10Q (“News Release and Financials”). Use the following information to determine the specific quarter for which you should download:
If this course’s start date is in January through February, download last year’s Quarter 1 financial statements (e.g., 1Q Income Statement, Balance Sheet, Statement of Cash Flows).
If this course’s start date is in March through June, download last year’s Quarter 2 financial statements (e.g., 2Q Income Statement, Balance Sheet, Statement of Cash Flows).
If this course’s start date is in July through September, download last year’s Quarter 3 financial statements (e.g., 3Q Income Statement, Balance Sheet, Statement of Cash Flows).
If this course’s start date is in October through December, download last year’s Quarter 4 financial statements (e.g., 4Q Income Statement, Balance Sheet, Statement of Cash Flows).
Download the annual report for Deere & Company by completing the following.
Go to the John Deere investors’ webpage, Investor RelationsLinks to an external site., on the Deere & Company website.
Select the “Show Archived Annual Reports” button under the Annual Report & Proxy Statement header toward the bottom of the page.
Download the annual report from two years ago from the drop-down menu.
Note: Save these files for easy retrieval, as you will be referring to them throughout the course and in your Final Project.

Part 2

As you will explore throughout this course, financial data plays a critical role when it comes to making business decisions for an organization. There are three primary financial statements: Income Statement, Balance Sheet, and the Statement of Cash Flows. For this assignment, assess the characteristics of each financial statement by addressing the following components:

List the primary sections found in each of the financial statements.
Explain how each financial statement provides useful information that is not available in the other financial statements.
Explain how each financial statement provides unique information that can be useful when making business decisions.
Looking at the statement of cash flows you downloaded for Deere & Company in Part 1, identify the major inflows and outflows of cash for each section of the statement of cash flows.

Answer preview for Analyzing the Financial Statements

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