Choose a U.S. public company that merchandises or produces tangible goods) Do NOT choose a bank, insurance company or other service organization. The company should have a balance for accounts receivable and inventory.
Utilizing (1) the company’s website to access the most recent annual report, and/or (2) the Securities and Exchange Commission’s Edgar database www.sec.gov (Search for themost recent form 10-K for your company. PRINT ALL 4 FINANCIAL STATEMENTS FOR THE MOST RECENT YEAR), and (3) http://biz.yahoo.com/i, (PRINT THE ANNUAL INCOME STATEMENT, BALANCE SHEET AND CASH FLOW STATEMENT FROM THE YAHOO WEBSITE).
Answer the following questions about your company.Use the most recent annual reports available
1.Using the yahoo website above, list the closing price of the stock for each date. (See “historical data”).Calculate using just the initial and final date prices
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a.Stock selection date 5/26/2020
b.If you had invested $ 5,000 on 5/26/2020, what would be your gain (loss) be if you sold on 6/22/2020?___
2.Using the information in the annual report, list the answers to the following questions
a.Ending date of the last fiscal year
b.What is the company’s ticker symbol?
c.Name of the independent public accounting firm that prepared the audit report (Tthe “Independent Accountants’ Report is right before or after the financial statements in the annual report, the answer will be accounting firm, not an individual).
How many shares of stock are authorized?Issued? (on annual report balance sheet)
What is the par value of the company’s stock, if any? (on annual report balance sheet)
What is the basic earnings per share (from the annual report income statement)
What depreciation method does your company use:straight-line, units of production, or declining balance(in annual report footnote about property and equipment)
What inventory cost method does your company use (LIFO, FIFO, average, specific ID): in annual report footnote on inventory)
Using the information on your company through the yahoo website see “company profile”, answer the following questions
What is the company’s sector and industry?
What are the principal products and/or services that your company provides?
What is the name of a major competitor company?
4.Find an interesting article