Study the income statement for the most recent year. What information do these statements provide?
Look at the four basic financial statements for any publicly traded corporation. You can find them at the SEC website using their search tool here: http://sec.gov/edgar/searchedgar/companysearch.html. Find the total assets, liabilities, and shareholdersâ€
equity for the most recent year (in the annual report). Study the income statement for the most recent year. What information do these statements provide? Make a list of 10 questions you have about the financial statements. Save the list so you can check to see how many of the questions you are able to answer at the end of the course.
Sumit, please pick any company of your choosing, also, pick any 10 questions about the financial statements.
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