Assignment: Full Disclosure
Obtain an annual report from a corporation with which you are familiar. Some ideas to help get you started are:
o Amazon,
o Google,
o Target,
o Walmart,
o Mattel,
o Microsoft, and
o Apple.
Respond to the following questions using what you learned in this lesson and any analysis you consider useful:
o Which annual report did you choose?
o What type of opinion did the auditors provide on the financial statements?
o Were any changes adopted in any accounting methods?
o Were there any subsequent events, errors and fraud, illegal acts, or related-party transactions that have a material effect on the company's financial position?
o What are two trends in the company's operations or capital resources that management considers significant to the company's future?
o Does the company engage in more than one significant line of business? If so, compare the relative profitability of the different segments.
o How stable are the company's operations?
o Has the company's situation deteriorated or improved with respect to liquidity, solvency, asset management, and profitability?
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.