Name: Orion O$$Lonergan

$1.$ Provide the Direct URL address of each of $10-$K reports at the SEC EDGAR website for each of the companies.

Direct URL address of $10-$K report at the SEC EDGAR website

Broadcom, Inc. fiscal year ending October $29,2023$

Qualcomm Incorporated fiscal year ending September $24,2023$

$2.$ Summarize the company$$s business operations as discussed in the beginning of the company$$s $10-$K in Item $1$ for each company. Provide the page number$($s$)$ for each of the $10-$Ks you are using to support your response.

Broadcom, Inc. Qualcomm Incorporated

Page number$($s$)$ referencing

Summarize the company$$s business operations

$3.$ Find and read the Report of Independent Registered Public Accounting firm in Item $8$ of the $10-$K$.$

Make sure you are referencing the auditor$$s report of the consolidated financial statements. Broadcom, Inc. Qualcomm Incorporated

What page numbers is the Report of Independent Registered Public Accounting firm found?

Who are the auditors?

What is the nature of the opinion on the financial statements? You can copy the sentences from the auditor$$s report which provides the auditor$$s opinion on the financial statements.

Explain any audit critical matters that were discussed in the Report of Independent Registered Public Accounting firm.

$4.$ What are the total assets, the total liabilities, and the total equity using the audited financial statements?

Total Assets Total Liabilities Total Equity or Total Shareholders$$ Investments Financial Statement Name as stated in the $10-$K

Broadcom, Inc. Numbers are stated in: Millions

Qualcomm Incorporated Numbers are stated in: Millions

Compare and Contrast the size each of the total assets, total liabilities, and total equity. Include in your discussion how each of the companies are financing the company. You need to discuss each of the specific categories in detail.

$5.$ What are the total net revenue or Total Revenue, cost of revenues, and net income of the two companies using the audited financial statements available in Item $8$ in the table of contents?

Total Net Revenue or Total Revenue

Cost of Revenues Net Income Financial Statement Name

Broadcom, Inc. Numbers are stated in: Millions

Qualcomm Incorporated. Numbers are stated in: Millions

Compare and Contrast the size of total net revenue, cost of revenues, and net income of the two companies. You also need to discuss the different size of the companies in comparison to each other.

$6.$ Compute the average assets, return on assets $($answer should be shown in percentage terms$),$ and the components of the return on assets $($profit margin$-$should be shown in percentage terms and asset turnover$-$not shown in percentage terms$)$ for the most recent year of the $10-$K using the table provided below.

Make sure you show computations$-$you will not earn credit if you just type in the answer and do not provide how you derived the answer. Average assets$-$Use the total assets from the previous year plus the total assets for the current year and divide by $2.$ Return on Assets$=$Net Income $/$Average Assets

In percentage terms to $2$ decimal pts$.$ Profit Margin$=$Net Income $/$Net Total Revenue or Total Revenue

In percentage terms to $2$ decimal pts$.$ Asset Turnover$=$Net Total Revenue or Total Revenue

$/$average assets.

Show to $2$ decimal pts$.$

Broadcom, Inc.

Qualcomm Incorporated

Compare and Contrast and comment upon the findings. Your comments should include how the profit margin and asset turnover are affecting the return on assets.

$7.$ Analyze the Consolidated Statements of Cash Flows for each company for the most recent year, by answering the following questions by entering the information into the table provided below:

Based on Consolidated Statements of Cash Flows

In Millions Broadcom, Inc. Qualcomm Incorporated

a$.$ What was the dollar amount of the companies$$ cash flow from operations?

b$.$ Is operating cash flows smaller or larger than net income?

c$.$ Determine the dollar amount and direction $($cash source$-$positive or use$-$negative$)$ of cash flows from investing activities.

d$.$ Determine the dollar amount and direction $($cash source$-$positive or use$-$negative$)$ of cash flows from financing activities.

e$.$ Did the company use cash to purchase property plant and equipment or capital expenditures during the year using cash? Which section of the statements of cash flows did you find this information and how much did they buy using cash?

f$.$ Identify repayments of long$-$term debt or debt obligation. Which section of the statements of cash flows did you find this information or look for it if there was not reduction and how much did they pay cash?

g$.$ What was the net increase $($decrease$)$ in cash or cash equivalents for the year? If there is an effect of exchange rate change you need to include this in your determination for the net increase $($decrease$)$ in cash or