Financial Information Financial reports prepared in compliance with generally accepted accounting principles and SEC reporting requirements include full financial statements, notes, and management’s discussion and analysis.

Each of these parts of the financial reports tends to have specific types of information. Indicate where you would expect to find each of the following information items in a company’s financial report. For each item, choose one or more of the following: financial statements (FS), notes and supplemental disclosures (NSD), management’s discussion and analysis (MD&A), and none of these (None).

Segment reporting by major line of business.

Total dollar amount of inventory on hand.

Reasons for the decline in revenue this year.

The possible effect of international conflicts on the company’s markets and overall revenue next year.

e. The amount of the allowance for doubtful accounts receivable for the past 2 years.

f. Total lease payments due in each of the next 5 years.

g. The number of shares and the par value of preferred stock outstanding.

h. Dividends declared for the past 2 years.

i. A reconciliation of reported income tax expense with federal tax rates.

j. A summary of significant accounting and reporting policies.

k. A list of employees.

|. The dollar amount of research and development expenditures, interest payments, and income tax payments.

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