Sid Cato provides critiques of corporate annual reports. He maintains a website at www.sidcato.com that provides many useful resources for those who are interested in preparing or using annual reports.

Instructions
Go to the website and answer the following questions.
(a) Read the section, “What makes a good annual report?” and choose which three factors you think are most important. Explain why you think each item is important.
(b) For the most recent year presented, which companies were listed in the section “Producers of the best annuals for (most recent year)”?
(c) What potential benefits might a company gain by receiving a high rating from Sid Cato’s organization?