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or this post, I would like you to go and pull a 10K from a publically traded company (please pull a PDF version and attach
or this post, I would like you to go and pull a 10K from a publically traded company (please pull a PDF version and attach it to your reply here in Canvas. If you aren't able to attach it, please include the URL in your response, so I can quickly get to the 10K you are using). I am purposely not going to give you details on how to obtain this. Imagine you are working in an accounting firm and you get a request for something that you don't know about. Your boss sends you a chat and says "I need a 10K for XYZ Company." What would be your instinct on what to do? See if you can do this without specific guidance.
Please answer the following questions. Please show your math and please reference the pages where you found the information. If a specific item is not in your company's 10K, please not what you did to try and find it or why this company may not have this type of information.
1. What was the revenue in the current year and the previous year? By what percent did it increase/decrease?
2. Please calculate the gross margin percentage.
3. Please find the footnote for cash and cash equivalents. What does the company consider "cash equivalents"
4. Please find the inventory footnote. What method do they use for inventory?
5. Please find the accounts receivable footnote. What details do they provide around "bad debt expense" and "allowance for uncollectible accounts"?
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