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ANNUAL REPORT ANALYSIS
Your annual report analysis is due at the end of Week 6. Obtain an annual report from a corporation that is interesting to you. Using techniques that you have learned of in the previous weeks, respond to the following questions.
1.Who are the firm’s auditors? Do they provide a clean opinion on the financial statements?
2.Have there been any subsequent events, errors and irregularities, illegal acts, or related-party transactions that have a material effect on the financial statements?
3.Describe the trend in total assets and total liabilities for the years presented.
4.What are the company’s three largest assets for the most recent year presented?
5.What are the company’s three largest liabilities for the most recent year presented?