Project Prepare a comprehensive financial analysis of sonic corp or a company of your...

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Prepare a comprehensive financial analysis of sonic corp or a company of your choice.Analysis must be based on the latest SEC Annual report on form 10K.
requirement
Analyze component of the primary financial statements (see below)Including supporting note disclosures, management's discussion &analysis(the MD&A) and other supporting form 10-k disclosures.
> Primary financial statements for project include the:
Income statement
Balance sheet
Statement of cash flows
>analysis of the income statement and statement of cash flows should focus on the current year compared to prior year.
> Balance sheet analysis should focus on current year only.
>Analysis should include:
Qualitative observation of the financial statistics and measures.
>For example comparison on significant changes in the income statement component compared to the prior year.
>For example ,a comparison of gross profit margin compared to prior year.
>For example,identification of significant components of working capital at year end
>For example comparison of cash flow from operating activity compared to prior year
>Observation if applicable concerning the relationship between the primary financial statements
>fFor example how did earning translate to cash flow from operating activity?

Current developments
>Prepare brief summary on any key developments in latest Form 10 Q and other available information,including any recent Form 8K Fillings
>Comprehensive analysis is not required for the form 10 q and form 8 k.The goal is to determine if there have been any significant changes compared to your analysis of Form 10-K.

David · Accepted Answer

SONIC CORPORATION 
Sonic Corporation is a company registered in United States which is involved in the business of operating 
largest chain of drive – in restaurants. The company has over 3500 restaurants that is spread in all across 
United States.  
Analysis of the Primary Financial Statements: 
 All the key financial statements i.e. Income Statement, Balance Sheet and Cash Flow Statement are 
analyzed in great details as under –  
Analysis of Income Statement: 
Particulars 2012 2011 2010 
Revenue 543,730 545,951 550,926 
Change (%) -0.41% -0.90% - 
Income From Operation 88,940 83,308 70,881 
Change (%) 6.76% 17.53% - 
Net Interest Expense 30,978 54,929 36,073 
Change (%) -43.60% 52.27% - 
Net Income 36,085 19,225 25,839 
Change (%) 87.70% -25.60% - 
EPS 0.60 0.31 0.34 
Change (%) 93.55% -8.82% -
The above analysis shows that there was a slight fall in the total revenue of the organization from past 
two years. In the year 2012 the revenue has decreased by 0.41% as compared to the financial year 2011. 
However this fall has not affected the organization net income and the profit of the organization has 
seen a steep rise from the previous financial year.  
In the year 2012 the net income has seen an increase of 87.70% although in the year 2011 there was 
decrease in the net income of 25.

Project Prepare a comprehensive financial analysis of sonic corp or a company of your choice.Analysis must be based on the latest SEC Annual report on form 10K. requirement Analyze component of the...

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