Discussion:
Complete the following homework scenario:
• Select one U.S. publicly traded company and review its most recent Annual Report. (You may use one of the three companies you selected for your Stock Journal assignment.)
o Use the Income Statement and Balance Sheet to determine the changes in:
assets, liabilities, and equity
total revenue and net income
o Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder's view.