You have just become friends with an exchange student from Switzerland. Your friend is very interested in

Question:

You have just become friends with an exchange student from Switzerland. Your friend is very interested in Nestle as a company. Your friend is not a business major and has asked for your help to learn more about Nestle. Obtain Nestles 2013 annual report using the “Investor Relations” portion of its web site (do a Web search for Nestle investor relations).
Required:
Read carefully through Nestle’s financial statements. Prepare a brief written report for your friend that (in your opinion) provides two interesting and important pieces of information about Nestle from the:
• Income Statement
• Statement of Cash Flows
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...