Can someone help me with these questions, I have completed most of them but I am not sure if they are correct and I need help with the rest. It is based off the 10-K report. Thanks is advance.

General Information:

1. What is the name of your corporation? Ralph Lauren
2. Where are the corporate headquarters? New York City, New York
3. What is the corporations fiscal year end? 2018
4. What are the primary products or services of the corporation? Founded in 1967 by Mr. Ralph Lauren, we are a global leader in the design, marketing, and distribution of premium lifestyle products, including apparel, accessories, home furnishings, and other licensed product categories (10-K, p. 4).
5. Graph the high and low price of the companys stock for each quarter of the last two years. What was the high and what was the low?

6. Who is the companys transfer agent and where are they located? Computershare Trust Company, N.A. located in Louisville, KY
7. Who are your companys competitors? We compete with numerous designers and manufacturers of apparel and accessories, fragrances, and home furnishing products, both domestic and international. Also, they face increasing competition from companies selling our product categories through the Internet. Finally, We compete primarily on the basis of fashion, quality, value, and service (10-K, p. 15).

Market Information:

8. On which stock exchange is your corporations stock traded? NYSE
9. What is the current market price of their stock? 127.12 USD
10. What is the ticker symbol used to identify your corporation on the stock exchange? RL

Internet Information:

11. What is the Internet address of your corporation? Be sure it appears as a hyperlink. https://www.ralphlauren.com/
12. Is the corporations Annual Report online? Yes, http://www.annualreports.com/Company/polo-ralph-lauren-corp
13. Are its financial statements on-line? No
14. Is your company listed on Annualreports.com? Yes (see above)
15. How long is your companys 10-K report at the Securities and Exchange Commission website (Edgar Database)?

Cash Flow and Retained Earnings:

16. List the amount of cash flows from each of the 3 activities: Operating, Investing, and Financing for the 2 most recent years. What was the increase or decrease in cash for each of these years?

Category	2018	2017
Operating	975.1 M	952.6 M
Investing	(189.1) M	(208.1) M
Financing	(197.5) M	(518.4) M
Total Increase/(Decrease)	588.5 M	226.1 M

17. Were there any Non-Cash Investing/Financing Transactions? Describe the type and amount. No
18. What is the dollar difference between accrual net income and Cash provided by Operations? 812.3 M
19. What investing activity provided the largest inflow of cash in the current year? Proceeds from sales and maturities of investments (10-K, p. F-5).
20. What investing activity used the largest amount of cash in the current year? Purchases of investments
21. What financing activity provided the largest inflow of cash in the current year? Proceeds from issuance of short-term debt
22. What financing activity used the largest amount of cash in the current year? Payments of dividends
23. Does the company have sufficient cash inflows from the appropriate category? Describe any problems the company many experience with cash flow from your analysis of the cash flow statement. Yes, Ralph Lauren has sufficient cash inflows from the operating activities category. They have experienced a decline since 2016, but from the years 2017 and 2018 they have began to increase.
24. Show the change in Retained Earnings for the 2 most recent years. What was net income for each year? How much was paid out in dividends each year?

Category	2018	2017
Retained Earnings	5,752.2 M	5,751.9 M
Net Income	162.8 M	(99.3) M
Dividends	162.4 M	164.8 M

25. Were the dividends on common stock and/or preferred stock? What was the amount of each? Common stock, 162.4 million
26. Did Retained Earnings change for any reasons other than net income or dividends? Explain.
27. What classes of stock does your company have? Common stock (A & B)
28. How many shares of each class of stock are authorized, how many are issued, and how many are outstanding?
29. Does your company have any treasury stock? How many shares and what dollar amount? Yes, 46.6 million and 46.4 million shares
30. What is the par or stated value of each of your companys stocks? Par value is $0.01

Footnote Disclosures:

31. How many footnote disclosures does your company have?
32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies?
33. What does it include as Cash and Cash Equivalents?
34. What method does it use to value Inventory?
35. What method(s) does it use to depreciate its assets?
36. Does it have any leased assets? If yes, describe them.
37. What policies does it have in regard to Foreign Currency Translations?
38. Describe any pending lawsuits in which it is involved.
39. Provide its Earnings per Share for the 2 most recent years?

Report of the Independent Auditor(s):

40. Who is/are your companys auditor(s)? Ernst & Young LLP (10-K, p. F-53)
41. Where are they located? New York, New York
42. Does the auditor(s) give a qualified opinion, an unqualified opinion, a disclaimer of opinion, or an adverse opinion? What does that opinion mean? Is it good? In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at March 31, 2018 and April 1, 2017, and the results of its operations and its cash flows for each of the three years in the period ended March 31, 2018, in conformity with U.S. generally accepted accounting principles (10-K, p.F-53). This opinion is
43. What is the auditors responsibility in regard to the financial statements? Their responsibility is to express an opinion on the compnays financial statements based on their audits.
44. What is managements responsibility in regard to the financial statements? Management evaluates the accounting principles used and the significant estimates made by management. They also evaluate the overall presentation of the financial statements. Finally, they express an opinion on the companys internal control over financial reporting based on the audit.
45. What financial statements were included in the auditors opinion? Consolisated balance sheets, subsidiaries, and the related consolidated statements sof operations, comprehensive income (loss), equity and cash flow, and the related notes. They have also audited the companys internal control over financing reporting.
46. Did the auditor believe that the statements were presented fairly? Yes

Managements Report:

47. Who bears the responsibility for the integrity and the objectivity of the financial statements? Management (10-K, p. F-52).
48. What does management say they are doing to assure the public that the financial information is reliable?
49. What is the responsibility of the Audit Committee of the Board of Directors? They oversee all of the companys financial reporting process on behalf of the Board of Directors (10-K, p. F-52).

Analysis: (use Excel to complete this section)

50. Provide common-size analysis of your companys income statement and balance sheet for the 2 most recent years (must be done using Excel with formulas).
51. Provide horizontal analysis of your companys income statement and balance sheet, showing the dollar amount and percent of change using the 2 most recent years (you must use an Excel spreadsheet with formulas).
52. Perform ratio analysis on your company using the ratios listed in Exhibit 13.16 on page 544 of your text (these must be in an Excel spreadsheet, using formulas to calculate the ratios). You should present them in a similar format as the text: group by category, list name of ratio, formula in words, and the ratio calculation. Give a short explanation of your conclusions about your company after each category of ratios (i.e. How liquid is your company? How efficiently is it using its assets? etc.).

Conclusions:

53. Are you optimistic or pessimistic regarding the future of your chosen corporation? Explain.
54. Would you invest in the stock of the company? Explain.
55. Would you invest in the bonds of the company? Explain.