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Obtain an annual report from a corporation with which you are familiar. (Preferably a 2022 annual report). Some ideas to help get you started are:
Obtain an annual report from a corporation with which you are familiar. (Preferably a 2022 annual report). Some ideas to help get you started are:
- Amazon,
- Google,
- Target,
- Walmart,
- Mattel,
- Microsoft, and
- Apple.
Respond to the following questions using what you learned in this lesson and any analysis you consider useful:
- Which annual report did you choose?
- What type of opinion did the auditors provide on the financial statements?
- Were any changes adopted in any accounting methods?
- Were there any subsequent events, errors and fraud, illegal acts, or related-party transactions that have a material effect on the companys financial position?
- What are two trends in the companys operations or capital resources that management considers significant to the companys future?
- Does the company engage in more than one significant line of business? If so, compare the relative profitability of the different segments.
- How stable are the companys operations?
- Has the companys situation deteriorated or improved with respect to liquidity, solvency, asset management, and profitability?
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