Select a publicly traded, U.S. corporation.

Research the company via the website and download the company's most recent 10-K.If you go to the company's investor relations page you should be able to find the company's SEC filings. Go there and select annual filings to see the company's 10-Ks. Download the pdf version of the 10-K.

Develop an examination of the financial statements reported in the 10-K and include the following:

Determine the net income for the most recent fiscal year (FY),.Is this income up or down from the prior year?

Explain the relevance of changes in net income to investors.

Determine the ending balance in shareholders' equity. Why would organizations such as Labor Unions be interested in this?

Determine the amount reported as total assets.

Discuss the relevance of the total value of assets to potential creditors and why this is important.

Determine the total cash flow from the operation.

Explain which users would find the statement of cash flows most important..

Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making?