Question
Check out the most recent ANNUAL financial statements (income statement and balance sheet) for a major U.S. corporation. Go to the companys website and find
Check out the most recent ANNUAL financial statements (income statement and balance sheet) for a major U.S. corporation. Go to the companys website and find the link to investor relations. (This may take a bit of searching. Not all corporate websites are laid out the same way, but almost all of them contain a link to investor relations or investor information. It is often at the top of the home page.) From the investor relations page, look for a link to the companys annual report. The financial statements will be presented in this report, along with a lot of other information. Use information from these financial statements to answer the following questions: (Also, you can go to Yahoo finance and pull their most recent ANNUAL income statement and balance sheet. I find this route easier. ) Please attach as a PDF document to the response or link the statements to the discussion forum post.
- What amount of revenue did the firm earn in the most recent year?
- What was its net income? Did it earn a profit or a loss? What did it do with the profit if it earned one?
- How much cash did the company have at the end of the most recent period you are able to obtain?
- What was the value of its accounts receivableand what does this number represent?
- What was the total amount of current liabilities? What does this value represent?
- Does the company have any debt outstanding? How do you know? And, where did you find this information?
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