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Annual Report the stock exchange? 6. What U.S. stock exchange is Zimmer Biomet Holdings traded? 7. The Securities and Exchange Commission (SEC) requires an annual
Annual Report
the stock exchange? 6. What U.S. stock exchange is Zimmer Biomet Holdings traded? 7. The Securities and Exchange Commission (SEC) requires an annual financial statement audit for all companies, whose stock is publicly traded (i.e., traded on a stock exchange). The purpose of the audit report is to communicate the findings of the auditor to financial statement users. a) Who is Zimmer Biomet Holdings' 2021 auditor? b) Does the auditor believe that Zimmer Biomet Holdings maintained effective internal control over financial reporting? Write the sentence from the report that supports your answer. (hint: read the report signed by the auditor). c) Does the auditor believe that the financial statements of Zimmer Biomet Holdings were presented fairly? Write the sentence from the report that supports your answer. (hint: read the report signed by the auditor). d) Briefly describe the responsibility by management with respect to internal controls, which is referred to by the auditors in the report. Write the phrase from the report that supports your answer. 8. What method of depreciation is used by the company to depreciate its property, plant, and equipment? 9. What inventory valuation method is used to determine the cost of the company's inventory? 10. What is the largest use of eash (cash outflow) from financing activities in fiscal year 2021 ? (hint: one item, which is listed on the Statement of Cash Flows) 11. What is the largest source of cash (cash inflow) from investing activities in fiscal year 2021? (hint: one item, which is listed on the Statement of Cash Flows) 12. Describe one footnote (i.e., notes to the financial statements) that presents additional details about a recorded dollar amount in the current fiscal year's financial staternents (include the note number and page number on the document, not the pdf file page number) Step by Step Solution
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