In: Accounting
Select a large U.S. public corporation you are familiar with or
which interests you. It should...
Select a large U.S. public corporation you are familiar with or
which interests you. It should be on the Fortune 500 list. Using
the company's most recent annual report (or Form 10-K) from the
company's Investor Relations web page and other credible internet
sources, develop a short (1.5 to 2 page) profile of the
corporation. Obtain and attach a PDF version of the most recent
annual report (or Form 10-K) from the company's web site. Include
the following information:
- Name of the corporation and location of corporate
headquarters.
- State of incorporation.
- The stock exchange on which the company's stock is traded.
- Nature of its operations.
- The fiscal year end date of the annual report you used.
- Total assets on the balance sheet.
- Total revenues on the recent income statement.
- Net income on the income statement.
- The basic earnings per share reported on the recent income
statement.
- The depreciation method used by the corporation.
- The inventory method used by the corporation. If the company
does not report inventory on its balance sheet, state that in your
report.
- Description of classes of stock (e.g. common, preferred, Class
A, etc.) and the number of shares authorized, issued and
outstanding for each class, from the balance sheet or notes.
- Market price of the stock on 1/31/19 (Yahoo
finance or other stock quote site).
- High and low prices of stock for the past 12 months (Yahoo
finance or other stock quote site).
- Dividends paid for each of share of stock during the year
covered by the annual report from the income statement or
notes.
- The name of the Registered Public Accounting Firm who audited
the company's financial statements.
- Discuss something that you found interesting in the annual
report, that you didn't know before.
- If you had $10,000 to invest, would you invest in the stock of
the corporation you chose. Provide your opinion and support your
opinion with evidence from your research.
Please include the links for the cited info, annual report &
try to do a more recent report.