Search the SEC website (https://www.sec.gov/edgar/searchedgar/companysearch html) and locate the latest Form 10-K for a company you would

Question:

Search the SEC website (https://www.sec.gov/edgar/searchedgar/companysearch html) and locate the latest Form 10-K for a company you would like to analyze. When you are choosing, make sure the company sells a product (has inventory on the balance sheet and cost of goods sold on the income statement). Submit a short memo that states the following:
a. The name and ticker symbol of the company you have chosen.
b. Answer the following questions from the company’s statement of Form 10-K financial statements:
◦ What amount of merchandise inventory does the company report on their balance sheet?
◦ What amount of cost of goods sold does the company report on their income statement?

Provide the weblink to the company’s Form 10-K, to allow accurate verification of your answers.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

Question Posted: