In your web browser, search for the investor relations page of a public company you are interested
Question:
In your web browser, search for the investor relations page of a public company you are interested in (e.g., Papa John’s investor relations). Select SEC Filings or Annual Report or Financials to obtain the 10-K for the most recent year available.*
Required:
Answer the following questions based on the annual report (10-K) that you have downloaded:
1. What types of products or services does it sell?
2. On what day of the year does its fiscal year end?
3. For how many years does it present complete:
a. Balance sheets?
b. Income statements?
c. Cash flow statements?
4. Are its financial statements audited by independent CPAs? If so, indicate who performs the audit.
5. Did its total assets increase or decrease over last year? By what percentage? (Percentage change is calculated as [Current year − Last year] ÷ Last year. Show supporting computations.)
6. Did its net income increase or decrease over last year? By what percentage?
Step by Step Answer:
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge