As a team, select an industry to analyze and select a company that interests you. Find its annual report online. Answer the following questions about the company you chose:
1. Review the Asset section of the company’s balance sheet. Discuss the possible fixed assets that could be included in this number.
2. Review the Liabilities section of the company’s balance sheet. Discuss the possible accrued liabilities that could be included in this number.
3. Refer to the Fixed Assets section of the balance sheet. List the different methods of depreciation the company uses.