3. Compare your readings of management's assertions and your findings of your vertical, horizontal, ratio and chart analysis. You may find that management's discussion focuses on certain areas. They may be avoiding a discussion in other areas that you and others deem important to learn about. They may be transparent one year, and not as transparent the next year, and vice-versa. Your vertical, horizontal and/or ratio analyses may indicate one thing, but not what management is focusing on, causing what appears to be inconsistencies in how information is presented. a. How do you think management interprets and informs the public of one thing, but your analyses find information that is inconsistent, misleading, contradictory, or absent, leading you to believe the reported figures on the income statement, balance sheet, cash flow statement and related disclosures reveals a side of the financial story management in not focused on? Explain to the best of your ability and include a specific example. To help you understand how to answer this question, Form 10-Ks normally follow specific patterns. It is important to read all three years (2017, 2018 and 2019) to see how management modifies its discussion from year to year. The specific narrative in each section generally does not change too much unless new disclosure requirements or 5:44 7 il 5G Acct4501w-Group 4.xlsx Balance Sheet Cash Flow Income Statement FinancialRatios MEDNAX,INE IS ( ) LI 3 tegner Practice and Parlie Depreciate Twarna underlinge ro mercom LO Tapete Lancome SET COME AND COOLIVALENT SHARE DATA Du # has stadata D SIR 32 D 340 HEROATIMIDATA helped 2.31 poday 5:44 7 il 5G Acct4501w-Group 4.xlsx FinancialRatios Income Statement Balance Sheet CashFlow MEDNAXING The 2 ASSETS Cacah Rash Shaw Arctic. 2 HI 11.10 1107 het A before Ta SU perty SEE fmodi 81234 Total LALISA SHAREHOLDERS' EQUITY Access posable and releases non power Ice Libelle 3 20 TH Liefde Loptom pering labilities Lupin elements Mar alias w w Permend Common Stock sol para 2013 tamilalai All Aahaane aanaa Roted deler Total Monastery TY Today 14 R SHELL 5:45 ..tl 5G Acct4501w-Group 4.xlsx Statement Balance Sheet Cashow Financiation VE MEE TH M LE M . Income Statement Balance Short Cashflow Financial TE M Deprem helped RE CM TO - THE BE IT RE Pro RE NH THER 2 w www.me templom ALI LA BELLELHERE ARE ALL HELLER Income Statement Balance Sheet NEL BERI DENE LEEEE ELLE LA DIE EL REE ELE SALA ELEE Cashflow 22 Income Statement Balance Sheet CashFlow FinancialRatios PER 1 !!! Rational Prepared by Laundry th Shenry Hall Tribute 3. Compare your readings of management's assertions and your findings of your vertical, horizontal, ratio and chart analysis. You may find that management's discussion focuses on certain areas. They may be avoiding a discussion in other areas that you and others deem important to learn about. They may be transparent one year, and not as transparent the next year, and vice-versa. Your vertical, horizontal and/or ratio analyses may indicate one thing, but not what management is focusing on, causing what appears to be inconsistencies in how information is presented. a. How do you think management interprets and informs the public of one thing, but your analyses find information that is inconsistent, misleading, contradictory, or absent, leading you to believe the reported figures on the income statement, balance sheet, cash flow statement and related disclosures reveals a side of the financial story management in not focused on? Explain to the best of your ability and include a specific example. To help you understand how to answer this question, Form 10-Ks normally follow specific patterns. It is important to read all three years (2017, 2018 and 2019) to see how management modifies its discussion from year to year. The specific narrative in each section generally does not change too much unless new disclosure requirements or 5:44 7 il 5G Acct4501w-Group 4.xlsx Balance Sheet Cash Flow Income Statement FinancialRatios MEDNAX,INE IS ( ) LI 3 tegner Practice and Parlie Depreciate Twarna underlinge ro mercom LO Tapete Lancome SET COME AND COOLIVALENT SHARE DATA Du # has stadata D SIR 32 D 340 HEROATIMIDATA helped 2.31 poday 5:44 7 il 5G Acct4501w-Group 4.xlsx FinancialRatios Income Statement Balance Sheet CashFlow MEDNAXING The 2 ASSETS Cacah Rash Shaw Arctic. 2 HI 11.10 1107 het A before Ta SU perty SEE fmodi 81234 Total LALISA SHAREHOLDERS' EQUITY Access posable and releases non power Ice Libelle 3 20 TH Liefde Loptom pering labilities Lupin elements Mar alias w w Permend Common Stock sol para 2013 tamilalai All Aahaane aanaa Roted deler Total Monastery TY Today 14 R SHELL 5:45 ..tl 5G Acct4501w-Group 4.xlsx Statement Balance Sheet Cashow Financiation VE MEE TH M LE M . Income Statement Balance Short Cashflow Financial TE M Deprem helped RE CM TO - THE BE IT RE Pro RE NH THER 2 w www.me templom ALI LA BELLELHERE ARE ALL HELLER Income Statement Balance Sheet NEL BERI DENE LEEEE ELLE LA DIE EL REE ELE SALA ELEE Cashflow 22 Income Statement Balance Sheet CashFlow FinancialRatios PER 1 !!! Rational Prepared by Laundry th Shenry Hall Tribute