Financial Reporting Problem, Part 2 Access the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Four. Analyze the information contained in the company's balance sheet and income statement to answer the following questions: • Are the assets included under the company's current assets listed in the proper order? Explain your answer. • How are the company's assets classified? • What are cash equivalents? • What are the company's total current liabilities at the end of its most recent annual reporting period? • What are the company's total current liabilities at the end of the previous annual reporting period? • Considering all the information you have gathered, why might this information be important to potential creditors, investors, and employees? Summarize the analysis in a 1,050- to 1,400-word paper in a Microsoft® Word document. Include a copy of the company's balance sheet and income statement. Format your paper and presentation consistent with APA 6th edition guidelines.  |
