Project ACCT

WASHINGTON PRIME GROUP INC. (Filer) CIK: 0001594686 (see all company filings)
IRS No.: 000000000 | Fiscal Year End: 1231
Type: 10-K | Act: 34 | File No.: 001-36252 | Film No.: 18633307
SIC: 6798 Real Estate Investment Trusts
Instruction:
Washington Prime Group (WPG) is a real company registered with the SEC. It is a Real Estate Investment Trust (REIT) that operates like any other corporate.
Use the following finanial statements, to complete the required tasks.
Some items on the financial statements don’t look familiar, it is not unusual at all. No one is familiar with all items in all industry…….
If this is the first time you are exposed to this industry, it is expected that you encountered some unfamiliar items.
Required:
a. on the balance sheet and the income statement, insert columns to show the common size analysis.
b. on a separate sheet, forecast the income statement for the next 2 years to come, show the asssumptions you made in your forecast.
(students are encouraged, but not required, to conduct real-world market studies to reach realistic assumptions,
it is understood that it is a classroom exercise and no one in this classroom is really the expert in this industry
the point is to do a full forecast and to see how sensitive your numbers are to the assumptions you made…..)
c. on a separate stheet, itemize/list your points to analyze
 whether you believe this is a strong companay worth buying into, or a weak company that your should sell out if you have their stocks.
(again, no one is expert in this industry and this company, your reasoning and analyses are the most important part,
the outcome of either, to buy, to hold, or to sell, has to be strongly supported by your analyses….)

 

 

Last Updated on