Continuing to use the most recent 10-K report your company, retrieved from the www.sec.gov Edgar system, review the financial statements carefully and respond to the questions below. 

1. Balance sheet analysis 

a. What are the company’s largest assets? How does this reflect the company’s business? 

b. What are the company’s largest liabilities? Why? 

c. What is the percentage of accumulated depreciation to the total plant assets? Can you use it to approximate whether assets will need to be replaced soon? 

d. Does the company have accounts receivable and/or notes receivable? Why or why not? Respond to one of the following questions (even if the company has both): 

e. If your company has receivables, what are the company’s receivables turnover and average collection period for the years reported? 

OR 

f. If the company has inventories, what are the inventory turnover and days in inventory for the years reported?