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Obtain the most recent annual report of a company of your choice by accessing the company's website and discuss/answer the following questions. Instructions: (a) What

Obtain the most recent annual report of a company of your choice by accessing the company's website and discuss/answer the following questions. Instructions:

(a) What is the name of the company you chose?

(b) What amount of cash is used to purchase property and equipment [Hint: read the statement of cash flows of the company]?

(c) How much depreciation and amortization of property and equipment is recorded?

(d) What is the total amount of cash used (or provided) by investing activities?

(e) What percent of the original cost of PPE remains to be depreciated at the end of the most recent year included in the annual report [Hint: You may probably have to look into the footnotes]?

(f) Over what length(s) of time does the company depreciates its PPE?

(g) Compute the company's asset turnover for the latest year included in the annual report.

(h) What amount of goodwill is reported on the company's Balance Sheet? What percentage of total assets does its goodwill represent? Is goodwill a major asset in your company? explain.

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