Explore a Company’s Financial Statements
Problem- Select a publicly quoted company. Obtain the annual report (10-K) of the company for the immediate past year. The Form 10-K report is accessible at http://www.sec.gov/edgar.shtml. An alternative means to obtain the report is by clicking on the SEC filings link on your selected company’s website to obtain the latest Form 10-K filings.
Write a paper under the following headings:
Problem 1- Introduction: State background information, what the company does, industry, and other basic information.
Problem 2- Financial Statements: Answer the following questions:
Part 1- What are the financial statements presented in the report? How many disclosures are in the report?
Part 2- What was the net income of the company? Explain the revenues and the expenses components.
Part 3- What was the total cost of goods sold?
Part 4- What was the total asset of the company?
Part 5- What was the total current assets of the company?
Part 6- What was the total liabilities of the company? What were the current liabilities?
Part 7- What was the total equity of the company?
Part 8- What was the total cash generated from operating, financing, and investing activities?
Part 9- What was the total retained earnings of the company?
Part 10- Explain the total retained earnings components of the company.
Problem 3- Recommendations: Explain your recommendations based on your research about the company’s financial statements.
Problem 4- Conclusion: Write a conclusion of your report.
