Question
To become more familiar with Financial Statements, understand the industry for this company and finding information through Edgar for SEC filings, please use Masco Corporation
To become more familiar with Financial Statements, understand the industry for this company and finding information through Edgar for SEC filings, please use Masco Corporation (SIC 2430) information to answer the following questions.
The website to access the 10K is http://www.sec.gov/edgar/searchedgar/companysearch.html. You should use the 12/31/15 10K filing. This company is in the same industry as Classic Cabinets.
Identify the companys product lines and give examples of each area that the company offers. Which line has the largest sales and profits? What is included in the other specialty product line?
Answer the following questions related to the cabinet segment: is there a reliance on a small number of large customers? If, yes who are they? What does this mean to the company and investors? What type of warranty issues are there for this segment? International vs domestic sales how is the segment doing? Receivables and bad debt what are the areas of concern?
Describe what has been happening in the cabinet market? What has been the financial impact? How is the company addressing these issues? Who are their competitors in this market? How are they positioning this segment for the future? Identify any other areas for this segment that would be important for an investor to understand.
Make sure you review the Management Discussion and analysis and risk factors for the company.
Apply the knowledge of the industry you acquired to make a list of recommendations(minimum of 2) that Classic Cabinets should implement and/or be aware of when running their business.
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