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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.

  1. What amount of revenue did the firm earn in the most recent year?
  2. What was its net income? Did it earn a profit or a loss? What did it do with the profit if it earned one?
  3. How much cash did the company have at the end of the most recent period you are able to obtain?
  4. What was the value of its accounts receivableand what does this number represent?
  5. What was the total amount of current liabilities? What does this value represent?
  6. Does the company have any debt outstanding? How do you know? And, where did you find this information?

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