Question
Please List The Company Answer all the following questions and do not cut and paste from your selected company SEC report. ( Use the same
Please List The Company
Answer all the following questions and do not cut and paste from your selected company SEC report. ( Use the same Fortune 500 Company that you selected last week). 1. What is the Description and Dollar Value of the first line on the Income Statement (it may be net sales)? 2. Locate the Balance Sheet (it may have a different heading, such as the Statement of Financial Position). 3. What are the names of the assets and their values (if more than five line items, report only the first five line items and dollar values)? 4. Statement of Owners Equity: Post the line items and dollar values in the "Equity" section of the balance sheet. You will likely find line items including Common Stock, Retained Earnings (or Deficit), and Treasury Stock. 5. What are some of the measurement bases used by the companies to report their assets? 6. 6. Did the companies pay dividends for the last reporting year? If yes, how much was paid in dividends? 7. Are the companies disclosing the information concerning their financial assets that is required under the provisions of IAS No. 32? 8. What is the Net Income (or Net Loss) for your SEC 10-K company?
Discussion Requirements Provide a direct link to your corporation's SEC 10-K report for the most recent year. A direct link is a hyperlink that takes you directly to a website where the SEC 10-K report is located. For example, this is the direct link to the 2019 SEC 10-K report for Apple, Inc. The most direct route to finding the direct link is to use the SEC EDGAR System and search by Company name.
1. Make sure you use correct grammar and make complete sentences. 2. Locate the Income Statement (may have a different heading such as Statement of Consolidated Operations). Hint: The first line should relate to Revenue. 3. Take care with the concept of $ dollars. Many financial statements are expressed in millions of $. You would report $895 million for the value of $895,000,000. 4. Include the name of your SEC 10-K company in the subject line and the link to your SEC 10-K financial statement when posting.
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