Question
Using the 2022 Zimmer Biomet Holdings Annual Report, answer the following questions related to Zimmer Biomet Holdings. 1. Where is the corporate headquarters of Zimmer
Using the 2022 Zimmer Biomet Holdings Annual Report, answer the following questions related to Zimmer Biomet Holdings.
1. Where is the corporate headquarters of Zimmer Biomet Holdings?
2. When is the fiscal year end of Zimmer Biomet Holdings?
3. What is Zimmer Biomet Holdings primary area of business?
4. Who (i.e., specific companies) are Zimmer Biomet Holdings major competitors?
5. What is the stock ticker symbol used to identify ZimmerBiomet Holdings common stock on the stock exchange?
6. What U.S. stock exchange is Zimmer Biomet Holdings traded?
7. The Securities and Exchange Commission (SEC) requires an annual financial statement audit for all companies, whose stock is publicly traded (i.e., traded on a stock exchange). The purpose of the audit report is to communicate the findings of the auditor to financial statement users.
a) Who is Zimmer Biomet Holdings 2022 auditor?
b) Does the auditor believe that Zimmer Biomet Holdings maintained effective internal control over financial reporting? Write the sentence from the report that supports your answer. (hint: read the report signed by the auditor).
c) Does the auditor believe that the financial statements of Zimmer Biomet Holdings were presented fairly? Write the sentence from the report that supports your answer.(hint: read the report signed by the auditor).
d) Briefly describe the responsibility by management with respect to internal controls. (hint: read the report signed by the auditor). Write the sentence/phrase from the report that supports your answer.
8. What method of depreciation is used by the company to depreciate its property, plant, and equipment?
9. What inventory valuation method is used to determine the cost of the companys inventory?
10. What is the largest source of cash (cash inflow) from financing activities in fiscal year 2022? (hint: one item, which is listed on the Statement of Cash Flows)
11. What is the largest use of cash (cash outflow) from investing activities in fiscal year 2022? (hint: one item, which is listed on the Statement of Cash Flows)
12. Describe one footnote (i.e., notes to the financial statements) that presents additional details about a recordeddollar amount in the current fiscal years financial statements (include the note number and page number on the document, not the pdf file page number).
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