Financial Statements
Week 1 Financial Statements
Select a publicly traded, U.S. corporation.
Research the company via the website and download the
company’s most recent 10-K.If you go to the company’s investor relations page
you should be able to find the company’s SEC filings. Go there and select annual filings to see the
company’s 10-Ks. Download the pdf
version of the 10-K.
Develop an examination of the financial statements reported
in the 10-K and include the following:
Determine the net income for the most recent fiscal year
(FY),.Is this income up or down from the prior year?
Explain the relevance of changes in net income to investors.
Determine the ending balance in shareholders’ equity. Why
would organizations such as Labor Unions be interested in this?
Determine the amount reported as total assets.
Discuss the relevance of the total value of assets to
potential creditors and why this is important.
Determine the total cash flow from the operation.
Explain which users would find the statement of cash flows
most important..
Discuss how the financial statements are used in your
current role or a position you would like to hold. How might these aid you in
managerial decision making?
Include the company’s 10-K along with your assignment.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment as
well as the company’s 10-K