Visit the EDGAR database at (www.sec.gov). Access the Form 10-K report of Rocky Mountain Chocolate Factory (ticker RMCF) filed on May 24, 2011, covering its 2011 fiscal year.
Required:
1. Item 6 of the 10-K report provides comparative financial highlights of RMCF for the years 2007-2011. How would you describe the revenue trend for RMCF over this five year period?
2. Has RMCF been profitable (see net income) over this five year period? Support your answer.