Required based on Microsoft, answer the following questions. If you cannot answer a particular question, briefly explain why and provide documentation. Show all necessary computations in good form. Label all numbers in your computations. If relevant, reference your answers to page(s) in the annual report. Use this document to provide answers.

1. Identify at least five risk factors enumerated in the 10-k.

For example, provide answer here.

2. Who was the companys independent auditor?
3. What type of opinion did the independent auditors issue on the financial statements (i.e. unqualified, qualified, adverse, or disclaimer)? What does this opinion mean?
4. What products or services does the company sell? Be specific.
5. What do you think the outlook is for these products or services? Why do you think so?
6. Using Excel, compute common-size income statements for the latest three fiscal years. In common-size income statements, net sales are 100 percent and every other number is a percentage of sales.

For example, insert into document here.

7. Using Excel, compute common-size balance sheets for the latest three fiscal years. In common-size balance sheets, total assets are 100 percent and every other number is a percentage of total assets. Insert into document.
8. What does it mean for a company to report by segments? Did your company report by segments? How do you know?
9. What is net income for the current year?
10. Did the current years net income increase or decrease since the prior year? What caused the change?