Business

Obtain recent two years annual reports for a company of your choice. Each student must choose a different company. Please make sure include a company name in your post' title.

The Wall Street Journal has a free annual reports service, and virtually all major companies post their annual reports on their websites.

U.S. Security and Exchange Commission (SEC) requires all public companies to disclose their financial and other information to the public. You can locate financial information in the following filings for public companies other than mutual funds:

• Form 10-Q (contains unaudited quarterly financial statements)
• https://www.sec.gov/answers/form10q.htm

• Form 10-K (contains audited annual financial statements)
• https://www.sec.gov/answers/form10k.htm

• Form 8-K (current information including preliminary earnings announcements)
• https://www.sec.gov/answers/form8k.htm

Company's audited annual financial statements are on Form 10-K, so read the auditor's opinion (usually at the end of the report), and evaluate what you think are the most important conclusions of the auditors.

Compute at least three ratios for recent two consecutive years and evaluate and explain the results.