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Select a public company that interests you. Obtain the company's most recent annual report on Form 10-K. The Form 10-K is a company's annually required

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Select a public company that interests you. Obtain the company's most recent annual report on Form 10-K. The Form 10-K is a company's annually required filing with the Securities and Exchange Commission (SEC). It includes the company's financial statements and accompanying notes. The Form 10-K can be obtained either (a) from the investor relations section of the company's website or (b) by using the company search feature of the SEC's EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html. 1. Based on the information in the company's most recent annual report, determine each of the following: a. Gross profit for 2 most recent years reported. b. Gross profit rate (Gross profit - Sales) for each of the years reported. Round to one decimal place. C. What was the Operating income for the 2 most recent years reported. d. Percentage change in operating income for the most recent year. Round to one decimal place. e. Net income for 2 most recent years reported. f. Percentage change in net income for the most recent year. Round to one decimal place. 2. Based solely on your responses to item 1 (Gross Profit, Operating Income and Net Income change in dollars and percentage), has the company's performance improved, remained constant, or deteriorated over the periods presented? Briefly explain your answer and include a screen shot of the Company Income Statement (must be legible)... Select a public company that interests you. Obtain the company's most recent annual report on Form 10-K. The Form 10-K is a company's annually required filing with the Securities and Exchange Commission (SEC). It includes the company's financial statements and accompanying notes. The Form 10-K can be obtained either (a) from the investor relations section of the company's website or (b) by using the company search feature of the SEC's EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html. 1. Based on the information in the company's most recent annual report, determine each of the following: a. Gross profit for 2 most recent years reported. b. Gross profit rate (Gross profit - Sales) for each of the years reported. Round to one decimal place. C. What was the Operating income for the 2 most recent years reported. d. Percentage change in operating income for the most recent year. Round to one decimal place. e. Net income for 2 most recent years reported. f. Percentage change in net income for the most recent year. Round to one decimal place. 2. Based solely on your responses to item 1 (Gross Profit, Operating Income and Net Income change in dollars and percentage), has the company's performance improved, remained constant, or deteriorated over the periods presented? Briefly explain your answer and include a screen shot of the Company Income Statement (must be legible)

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