To analyze the financial statements of a publicly traded company

COMPANY IS BEST BUY

Obtain an annual report from a publicly traded corporation that is interesting to you. Be sure the companys financial statements include deferred taxes, postretirement benefits, dilutive securities, and share-based compensation.

1. What kind of share-based compensation does the company have? What was compensation expense for the two most recent years? What are the key elements of this plan discussed in the footnotes? Please identify and describe other types of share-based compensation.
2. Does the company use the direct or indirect cash flow presentation method? What is the difference between these two methods? How does the cash flow statement agree to the other financial statements?
3. What investing and financing activities does the company have? What are some other examples of investing and financing activities?
4. What noncash transactions does the company have on its cash flow statement? What are some other examples of noncash transactions?