A corporation's balance sheet presents information as of a point in time. The balance sheet conveys information about a company's assets, liabilities and stockholder's equity. This discussion will provide you with the opportunity to analyze an actual corporation's balance sheet and identify its main components.
Once you are on the company's corporate website, look up their financial statements and find the balance sheet. Some examples of companies may be Disney, Coca Cola, Apple, or any others you are interested in.
Hint: you may have to look for the investor relations section on the website. In this section, you will see links to the current annual reports, which include financial statements.
Once you find the balance sheet for the company, carefully analyze it and answer the following questions:
What type of format does this company use for their balance sheet (classified or not)? Why do you think the company selected the format they did for their balance sheet? Overall, what does this company's balance sheet say about the financial standing of the company? Are there any other sections of the balance sheet that you would be concerned with if you were an investor? What are they and why? How do you think this information could be useful for investors, financial statement users and the public?