In teams, select a public company that interests you Obtain the companys most recent annual report on Form 10 K The Form 10 K is a companys annually required filing with the Securities and Exchange Commission (SEC) It includes the companys financial statements and accompanying notes The Form 10 K can be obtained either (a) from the investor relations section of the companys website or (b) by using the company search feature of the SECs EDGAR database service found at www sec gov edgar searchedgar companysearch html Based on the information in the companys most recent annual report, determine each of the following Gross profit for each year reported Gross profit rate (Gross profit Sales) for each year reported Round to one decimal place Operating income for each year reported Percentage change in operating income for the most recent year Round to one decimal place Net income for each year reported Percentage change in net income for the most recent year Round to one decimal place Based solely on your responses to item 1, has the companys performance improved, remained constant, or deteriorated over the periods presented Briefly explain your answer

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In teams, select a public company that interests you. Obtain the companys most recent annual report on Form 10-K. The Form 10-K is a companys

In teams, select a public company that interests you. Obtain the companys most recent annual report on Form 10-K. The Form 10-K is a companys annually required filing with the Securities and Exchange Commission (SEC). It includes the companys financial statements and accompanying notes. The Form 10-K can be obtained either (a) from the investor relations section of the companys website or (b) by using the company search feature of the SECs EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html.

Based on the information in the companys most recent annual report, determine each of the following:
1. Gross profit for each year reported.
2. Gross profit rate (Gross profit Sales) for each year reported. Round to one decimal place.
3. Operating income for each year reported.
4. Percentage change in operating income for the most recent year. Round to one decimal place.
5. Net income for each year reported.
6. Percentage change in net income for the most recent year. Round to one decimal place.
Based solely on your responses to item 1, has the companys performance improved, remained constant, or deteriorated over the periods presented? Briefly explain your answer.