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1. Locate the form 10-K for one of the US listed company of your choice: Microsoft, Procter & gamble, Exxon, Pfizer. Using the EDGAR database
1. Locate the form 10-K for one of the US listed company of your choice: Microsoft, Procter & gamble, Exxon, Pfizer. Using the EDGAR database at the SEC web site: https://www.sec.gov/edgar/search/ . Answer the following questions using the 2019 (or latest one available) form 10-K of you chosen company: a. What is the balancing equation for the balance sheet? Briefly justify why b. Briefly describe what information provides each part of the filling (Part I, Part II, ...). c. Find the following items in the Form 10-K and indicate the page number(s) where the items can be found. Briefly describe each in no more than 1 line: i. Balance sheet ii. Income statement iii. Statement of Cash Flows iv. Statement of Stockholder's equity V. Notes to the financial statements vi. Management discussion and analysis vii. Summary of selected financial data viii. Auditor's report d. Indicate what public accounting firm conducted the audit for your chosen company e. Using the information, for fiscal year 2019, fill in the amounts for the following items from the financial statements for your chosen company. Make your comments when you compare these versus 2018: i. Total Assets ii. Total Liabilities iii. Stockholder's Equity iv. Net sales or net revenues v. Net income of loss (specify if amount is income or loss) vi. Change in cash (give dollar amount) and if change is an increase or decrease vii. Retained earnings (ending balance) f. Briefly state the line of business within the 4 companies above operates. i. Explain why it makes sense the % of current assets/long term assets given the industry sector for each company ii. Explain why it makes sense the % of liabilities/shareholder's Equity given the industry sector for each company
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