Select a company you are interested in and search their annual report using the "Investor Relations" portion of the company web site or go to sec.gov and search for company filings under Filings and Forms (EDGAR). Access the most recent annual report (10K) and answer the following questions. 1. What company did you select? 2. What was the total amount of current liabilities and long-term liabilities for the last 2 years? 3. What was the company's debt to asset ratio the last 2 years (show your calculations)? Is the company's financing structure more risky or less risky in the current year versus the prior year? 5. Does the U.S. tax code favor debt financing over equity financing (explain your answer)? Search entries or author Unread Reply