Vz 2012 Sec 10-K Annual Reports Analysis Project Essay

Words: 3442
Pages: 14

Verizon Communications, Inc.
2012 SEC 10-K Annual Reports Analysis Project
November 30, 2013

Accounting for Non-accounting Managers

Research -Draft-

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Table of Contents Executive Summary 3 History of the Company 3 Industry Overview 4 Summary 4 Competitive Landscape 5 Financial Data Verizon Communications Inc. and Subsidiaries 5 Financial Analysis of Key ratios 6
Asset Productivity Ratios 6
Financial Strength Ratios (Liquidity) 6
Profitability Ratios 7 Challenges and Accomplishments 2011 - 2012 8 Conclusion 9 VZ Ownership Summary 9 Appendix 1 Asset Productivity Ratios 9
Inventory turnover ratio 9
Fixed asset turnover ratio 9
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Verizon is comprised of two reportable business segments. Verizon's business is comprised of two reportable segments: (1) Verizon Wireless provides wireless voice and data services and mobile phone equipment across one of the most extensive and reliable wireless networks in the world. Currently it is a joint venture between Verizon (US wireless operations & services) and Vodafone Group, which was formed in June 2000, and (2) Verizon's Wireline segment provides customers with communication services, both in the United States and internationally in 150 countries, including voice, broadband video and data, network access, long distance, and other services, to residential and small business customers and carriers, as well as next-generation IP network services and communications solutions to medium and large businesses and government customers. Verizon organizes its service and product offerings by the primary market targeted by these offerings – mass markets, global enterprise, global wholesale and other.
Verizon competes against other national wireless service providers, including AT&T, Sprint Nextel Corporation and T-Mobile USA, as well as various regional wireless service providers, including US Cellular, Metro PCS and Leap Wireless. The Company's domestic operations are subject