Finding Financial Information as an Investor
You are evaluating your current portfolio of investments to determine those that are not performing to your expectations. You have all of the companies’ most recent annual reports.
Required:
For each of the following, indicate where you would locate the information in an annual report.
1. Description of a company’s primary business(es).
2. Income taxes paid.
3. Accounts receivable.
4. Cash flow from operating activities.
5. Description of a company’s revenue recognition policy.
6. The inventory sold during the year.
7. The data needed to compute the total asset turnover ratio.