In teams, select a public company that interests you. Obtain the companys most recent annual report on
Question:
In teams, select a public company that interests you. Obtain the company’s most recent annual report on Form 10-K. The Form 10-K is a company’s annually required filing with the Securities and Exchange Commission (SEC). It includes the company’s financial statements and accompanying notes. The Form 10-K can be obtained either (a) from the investor relations section of the company’s website or (b) by using the company search feature of the SEC’s EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html. Based on the information in the company’s most recent annual report, determine the following:
1. Name of the corporation
2. State of incorporation
3. Nature of its operations
4. Total assets reported on the most recent balance sheet
5. Total liabilities reported on the most recent balance sheet
6. Total stockholders’ equity reported on the most recent balance sheet
7. Total revenues reported on the most recent income statement
8. Net income reported on the most recent income statement
9. The number of shares of common stock authorized, issued, and outstanding
10. The par value per share of each class of stock
11. Market price of the stock outstanding
12. High and low closing price of the stock for the past year
13. Cash dividends paid for each share of stock during the past year
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
Step by Step Answer:
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac