Costco

A fictional company, the Granada Corporation, has hired you as an outside consultant to its investment committee, and has requested that you thoroughly analyze a company of your own choosing as a potential investment for the Granada Corporation. You are to use an Annual Report or a 10K from your selected company as the basis for your analysis as well as any other information that might be available – newspapers, magazines, the Internet including peer group data from Dun & Bradstreet, Moody’s, Standard & Poor’s. Don’t overlook other SEC disclosures such as information included in 8K filings.
You are to assume that the Granada Corporation is a national, publicly owned food products company, which is based outside Dallas, Texas. For 2017, it earned approximately $72,000,000 on sales of $500,000,000. At 12/31/17 its investments in marketable securities were $32,000,000 which represented 8% of total assets of $400,000,000.