Question
Select a publicly traded U.S. corporation you would like to study this semester and ask the professor for permission by posting a response here. Your
Select a publicly traded U.S. corporation you would like to study this semester and ask the professor for permission by posting a response here.
Your corporation must:
- have a SEC 10-K report for themost current fiscalyear for the company.
- be among the Fortune 100 companies. To identify Fortune 500 companies click this link:http://beta.fortune.com/fortune500
- have significant Accounts Receivable and Inventory
- sell a tangible product for its primary source of revenue
Your corporation may NOT:
- be the same corporation you used for SEC projects in other classes
- be the same corporation a classmate selected
- be a bank or any other type of financial institution
- be a service organization
- be Johnson & Johnson (this company isused as my example)
Here are a few examples of companies that doNOTmeet the project requirements and you should not choose companies like these:
- Google (service company)
- UPS (service company)
- FedEx (service company)
- Delta Airlines (service company)
- Bank of America (financial company)
Note that none of these companies sell atangibleproduct. As a result, they will not have significant inventory on their balance sheets, which is a requirement for the project.
Requirements:
- Write the name of the corporation, the stock market where it is traded, and its ticker symbol in the Subject line when you respond to this posting and all other postings related to this project.For example:
- Under Armour; NYSE: UA
- Apple; NASDAQ: APPL
- Exxon Mobile; NYSE: XOM
- State why you want to study and prepare a financial analysis of your corporation.
- Provide a direct link to your corporation's SEC 10K 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 fiscal 2017 SEC 10-K report for Johnson & Johnson, Inc.https://www.sec.gov/Archives/edgar/data/200406/000020040617000006/form10-k20170101.htm
- The most direct route to finding the direct link is to use the SEC EDGAR System and search by company name. The following link is a good place to start your search:http://www.sec.gov/edgar/searchedgar/companysearch.html.
- Alternatively, you can typically find a company's 10-K under theInvestor Relationslink on their company website. For example, here is Johnson & Johnson's SEC filings pageon their website:http://www.investor.jnj.com/gov/sec-filings.cfm. To find the 10-K, just selectAnnualfrom theAll Filingsdropdown menu.
- State your corporation's position on the Fortune 500 List for the current year.
- State the most current fiscal year end date (e.g., January 1, 2017, etc.) for your company. Make sure that you obtain the most recent 10-K. Your company's most current fiscal year should be 2017 or 2016, depending on the actual date.For example, if you company has a year end date from August to December, then a fiscal year end date of 2016 would be the most current. That's because we haven't gotten to the end of August to December of 2017. However, if you company has a year end date from January to July, then a fiscal year end date of 2017 would be the most current.
- Provide page numbers for all four required financial statements:Income Statement (Hint: it could be listed as the Consolidated Statements of Income. Do not make the mistake of choosingConsolidated Statements of Comprehensive Income.)
- Balance Sheet (Hint: it could be listed as the Consolidated Balance Sheet or Statement of Financial Position)
- Statement of Stockholders Equity (Hint: it could be listed as the Consolidated Statements of Stockholder's Equity or Consolidated Statements of Stockholders' Deficit)
- Statement of Cash Flows (Hint: it could be listed as the Consolidated Statements of Cash Flows)
Please include the name of your company and its ticker symbol in the subject line.
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