Question
Please help! Thank you! Obtain the most recent annual report (10-K) from a publicly traded corporation that is interesting to you. Be sure the company
Please help! Thank you!
Obtain the most recent annual report (10-K) from a publicly traded corporation that is interesting to you. Be sure the company has property and equipment, intangible assets, and long-term debt on its balance sheet. Using techniques you have learned in the previous weeks, respond to the following questions.
- Company name: Crocs, Inc
- Annual report: 2022
- Specific focus on the questions below
- Company Background The presentation includes accurate information for the following items: When did the company start?; What industry does the company compete in?; What products or services does the company sell?;Where is the company headquartered?; How many employees does the company have?; What is the fiscal year-end for the company?
2. Property, Plant, and Equipment (PP&E) The presentation includes correct amounts for the following items for the most recent two years: PP&E, the amount of accumulated depreciation and depreciation expense, the amounts on the cash flow statement that relate to depreciation, gains and sales of PP&E and purchases and sales of PP&E.
3. Property, Plant, and Equipment (PP&E) - individual components from the footnotes The presentation includes correct amounts for the following items by category for the most recent two years: What are the amounts for land, building, equipment, accumulated depreciation, etc.
4. Depreciation Methods The presentation includes correct information with regards to the company's depreciation methods and the range of estimated useful lives by asset category.
5. Intangible Assets The presentation includes correct amounts for the following items for the most recent two years: What are the types of intangible assets (goodwill, patents, copyrights, etc.) and their amounts?;What is the amount of accumulated amortization and amortization expense?; What amounts on the cash flow statement relate to the purchase and sale of intangible assets?
6. Current Liabilities The presentation includes correct information with regards to the amounts and descriptions of all of the company's current liabilities for the most recent two years.
7. Long-Term Liabilities The presentation includes correct amounts for the following items for the most recent two years: long-term liabilities, the amount of interest expense, the amounts on the cash flow statement that relate to the issuance and repayment of debt.
8. Long-Term Debt (Footnote Disclosure) The presentation includes correct information with regards to the company's interest rate, total amount borrowed, and maturity date for each note payable listed in the footnotes.
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