Question
Instructions: Using the 2016 Zimmer Biomet Holdings Annual Report, answer the following questions related to Zimmer Biomet Holdings. -Where is the corporate headquarters of Zimmer
Instructions: Using the 2016 Zimmer Biomet Holdings Annual Report, answer the following questions related to Zimmer Biomet Holdings.
-Where is the corporate headquarters of Zimmer Biomet Holdings?
-When is the fiscal year end of Zimmer Biomet Holdings?
-What is the Zimmer Biomet Holdings principle line of business?
-Who (i.e., specific companies) are Zimmer Biomet Holdings major competitors?
-What is the stock ticker symbol used to identify Zimmer Biomet Holdings on the stock exchange?
-What U.S. stock market exchange is Zimmer Biomet Holdings traded?
-The Securities and Exchange Commission (SEC) requires an annual financial statement audit for all companies, whose capital stock is publicly traded (i.e., traded on a stock exchange). The purpose of the audit report is to communicate the findings of the auditor to financial statement users.
-Who is Zimmer Biomet Holdings 2016 auditor?
-Does the auditor believe that Zimmer Biomet Holdings maintained effective internal control over financial reporting? (hint:read the report signed by the auditor).Write the sentence from the audit report that supports your answer.
-Does the auditor believe that the financial statements of Zimmer Biomet Holdings were presented fairly? (hint:read the report signed by the auditor).
Write the sentence from the audit report that supports your answer.
-Briefly describe the requirement by management with respect to internal controls, which is referred to in managements report on internal controls.
-What method of depreciation is used by the company to depreciate its property, plant, and equipment?
-What inventory valuation method is used to determine the cost of the companys inventory?
-What is the largest source of cash (cash inflow) from financing activities in fiscal year 2016? (hint: one item, which is listed on the Statement of Cash Flows)
-What is the largest use of cash (cash outflow) from investing activities in fiscal year 2016? (hint: one item, which is listed on the Statement of Cash Flows)
-Describe one footnote (i.e., notes to the financial statements) that presents additional details about a recorded dollar amount in the current fiscal years financial statements (include the footnote number or letter).
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