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Obtain the most recent annual report ( or 1 0 - K report ) for the year ended 1 2 / 3 1 / 2
Obtain the most recent annual report or K report for the year ended filed for Boston Beer Co Inc. The link is as follows:
EDGAR I Company Search ResultsLinks to an external site.
Then select the K annual reports and Q quarterly reports link. Then select the February K: Annual Report for the year ending December Then scroll down the page and select Item Financial Statements and Supplementary Data.
After browsing the page, respond to the following questions:
Look at the Income Statement. What was the Boston Beer's net income for the current year? Did their income increase or decrease from the previous year? By how much? Be sure to indicate all amounts in thousands" or add three zeros to each number and please indicate exactly where you found the information. eg Financial Statements Balance Sheet Total Assets line.
Using the numbers from their latest Balance Sheet and information learned in Ch write out Boston Beer's basic accounting equation total assets total liabilities total stockholders' equity using the numbers from the K report. Be sure to indicate all amounts in thousands" or add three zeros to each number and please indicate exactly where you found the information. eg Financial Statements Balance Sheet Total Assets line.
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