Purpose: No financial decision maker should ever rely solely on the financial information reported in the annual
Question:
Purpose: No financial decision maker should ever rely solely on the financial information reported in the annual report to make decisions. It is important to keep abreast of financial news. This activity demonstrates how to search for financial news on the Web.
Address: http://biz.yahoo.com/i Steps:
1. Choose Company.
2. Type in either Pepsico Inc. or Coca-Cola.
3. Choose News.
4. Select an article that sounds interesting to you.
\section*{Instructions}
(a) What was the source of the article? (For example, Reuters, Businesswire, Prnewswire.)
(b) Pretend that you are a personal financial planner and that one of your clients owns stock in the company. Write a brief memo to your client summarizing the article and explaining the implications of the article for their investment.
Step by Step Answer:
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso