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Access ANY publicly traded company's balance sheet . There are various ways of finding financial statements. Here is one option: Google a Name of the
Access ANY publicly traded company's balance sheet.
There are various ways of finding financial statements. Here is one option: Google a "Name of the company + investor relations." For example, "Tesla investor relations." It should get you to the company's financial info page. There, look for an annual report (or 10-K) for the most recent year. Then go to the Table of Contents and find Financial Statements (usually in the middle of the report). Then you will find your company's balance sheet.
Answer these questions using the balance sheet:
- List what items of assets are reported in the non-current (or long-term) section of assets.
- Name the biggest long-term asset and its dollar amount? What is the smallest? Have their amount increased or decreased compared to the previous year? Remember that the amounts are reported in thousands or millions depending on a company.
- Calculate total asset turnover. Show your calculations. What does this ratio mean? You will find Net Sales on the company's income statement (or statement of earnings, or statement of operations - it is all the same). Net Sales is the same as Revenues.
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