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TIF7-3 Real-World Annual Report In teams, select a public company that interests you. Obtain the company's most recent annual report on Form 10-K. The Form
TIF7-3
Real-World Annual Report
- In teams, 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 atwww.sec.gov/edgar/searchedgar/companysearch.html.
- Based on the information in the company's most recent annual report, answer the following questions:
- How much cash does the company have at the end of the most recent year?
- What percentage of total current assets is cash during the most recent two years presented? Has this percentage increased, decreased, or remained the same during this period?
- Review Management's Annual Report on Internal Control Over Financial Reporting. Based on this information, answer the following questions:
- Who has responsibility for establishing and maintaining adequate internal controls over a company's financial reporting?
- How is "internal control over financial reporting" defined in this report?
- What is a material weakness?
- Were any material weaknesses identified?
I chose the industry telecommunications and the company T-mobile. please help me answer the questions above for that company.
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