Question
Pick a company in the health care industry, find their annual financial statements (10-Ks) from the most recent year end, and answer the following questions.
Pick a company in the health care industry, find their annual financial statements (10-Ks) from the most recent year end, and answer the following questions. Include the URL or a PDF of the companys financial statements that you used to answer the questions.
A. Refer to the companys balance sheet. 1. What form of business organization do they use? What evidence supports your answer? 2. What is the date of the most recent balance sheet? 3. For the most recent balance sheet, what is the largest asset reported? The largest liability?
B. Refer to the companys income statement. 1. What time period is covered by the most recent statement of earnings? 2. What total amount of revenue did they generate in the most recent period? What is the change in revenues from last year to the current report year? 3. What is the net income (i.e., net earnings) for the most recent period?
C. Refer to the companys statement of cash flows. 1. For the most recent period, what is the amount of the cash flow from operating activities? i. Did it increase or decrease from the previous year and by how much? 2. For the most recent period, what is the amount of the cash flow from investing activities? i. Did it increase or decrease from the previous year and by how much? 3. For the most recent period, what is the amount of the cash flow from financing activities? i. Did it increase or decrease from the previous year and by how much?
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