Each assignment must be at least 1 page longName of the book for class: Shoffner, G., Shelly, S. & Cooke, R. Finance for Nonfinancial Managers, 3rd. edition (2011). McGraw-Hill: New York. ISBN: 978-0-07-174955-8finance administration class1) Pick one of the five publicly-traded automotive companies below which are listed on the NYSE for your financial analysis and find a published online annual report: General Motors, Ford, Fiat Chrysler, Toyota or Honda or you can pick the company that you are going to do your paper on, that way you will have a chunk of your paper already done!• Briefly discuss why you picked this company and its current status, including its stock price.• Reviewing the organization’s Income Statement specifically, do the numbers indicate a favorable trend of profitability? Why, or why not?Please cite your source(s) of information using proper APA format and include the Assignment Cover Page. See rubric for grading criteria.2) Briefly summarize the different types of calculating depreciation discussed in Chapter 5. • Referring to the organization that you selected, what type of depreciation method(s) does the organization use?• Would alternative methods be used by this organization when reporting to different ‘audiences’? Why?Please cite your source(s) of information using proper APA format and include the Assignment Cover Page. See rubric for grading criteria.3) Referring to Chapter 7 & 8 and the organization’s Balance Sheet that you selected, please answer the following questions:• Do the numbers on this statement indicate a well-balanced operation?• Are some areas better than others? If so, which ones are good, or perhaps not so good?• What conclusions can you draw from your analysis?Please cite your source(s) of information using proper APA format and include the Assignment Cover Page. See rubric for grading criteria.4) Referring to Chapter 10 and the organization that you selected:• What type of budgets would this organization likely use? Why?• How about your own organization?• Have you participated in the budgeting process in your own organization(s)?Please cite your source(s) of information using proper APA format and include the Assignment Cover Page. See rubric for grading criteria.
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