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Step 1 Familiarize yourself with the different kind of information about the company looking through the Table of Contents Step 2 Find the section called
Step Familiarize yourself with the different kind of information about the company looking through the Table of Contents
Step Find the section called Management Discussion and Analysis where there is a discussion about what is going on at the organization, what has changed since last year and what is anticipated for the next year.
Step Locate the Financial Statements section in the table contents typically listed after the Management Discussion and Analysis
For this weeks post please read through at least the Managements Discussion and Analysis section of the audited financial statements and look at the numbers in the financial statements themselves and answer the following questions pt:
a What two things did you learn about the company that you didnt know before this activity?
b Did the company make money or lose money during the year net incomeloss
c Did the assets increase or decrease compared to prior year?
d Did the liabilities increase or decrease compared to prior year?
e How much does the business owe suppliers?
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