Question
Dear Tutor, I struggle extracting information from these documents.Any help would be appreciated. Task: Locate either the Seneca Foods Annual report for 2018 or
Dear Tutor,
I struggle extracting information from these documents.Any help would be appreciated.
Task:
Locate either the "Seneca Foods Annual report for 2018" or the Form 10-K on the SEC website for the fiscal year ended March 31,2018 to answer the following questions:
- a Google search will locate both documents in the top few results
part a:
How is the company is primarily financed - through borrowings or through shareholders?Answer this by calculating the percentage of total assets represented by liabilities and by equity. Show you calculations.Comment on the significance of financing through debt and through equity.
part b):
Describe whether Seneca is a party to any leases.Then provide the amount of any lease liabilities reported on the balance sheet. Is this amount through operating or capital leases or both?What do the footnotes say about this?
part c:
Describe whether Seneca has a defined benefit pension plan, a defined contribution retirement plan, or both.What amount is reported on the balance sheet for this?
part d:
Using the footnotes, determine whether any pension plans are adequately funded or underfunded.Provide the relevant dollar amounts.
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