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Select a public company

Business

Select a public company. Obtain the company's 2020 annual report - Form 10-K.  Remember some companies year ends are not December 31.  Part of this assignment is to figure out how to find a 10-K. 

Please refer to Chapter 4 - Company Annual report to choose company.  Company can only be used by one person, first come first served. If two people report on the same company, the first person to choose will get a grade the second person will receive a zero.  If you do not list your company, you will also receive a zero. 

You must label each answer with the number of question. There is no maximum sentence, use as many as you wish to thoroughly answer the question. All answers must be complete sentences using proper grammar and spelling. Make sure you review the financials for the way the numbers are displayed. In the information about the financials it will say all the numbers are reported in thousands or millions. Ex: the financials display 100 for expenses which could mean 100,000 or 100 million. 

  1. Company Name
  2. Fiscal year of the financials. This means the month, day and year of beginning and the month day and year of ending. List page number information was found. 
  3. Who audited the financials? List page number information was found. 
  4. Where did you find the 10K for this company?
  5. What is the industry of the company?
  6. Have you ever reviewed a 10K before? (Yes or No answer acceptable). 
  7. What are the amount of revenue, expenses and net income for 2020? List page number information was found. 
  8. What are the amount of total assets, total liabilities, and stockholders' equity for 2020? List page number information was found. 
  9. Within the notes to the financial statements, find the note about significant accounting policies. When does the company recognize revenue. (Do not copy and paste).  List page number information was found. 
  10. Compute the Liabilities to stockholders' equity showing formula and math for 2020. List page number information was found. 
  11. Compute the Working Capital showing formula and math for 2020. List page number information was found. 
  12. Compute the Current ratio showing formula and math for 2020. List page number information was found. 
  13. Did you find anything interesting about the financials? 
  14. Attach a PDF of the 10K. (Weblink not acceptable)

 

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