Obtain an annual report Throughout this course, you will be asked to relate the material being studied to actual financial statements. After you complete this course, you will be able to use an organization’s financial statements to make decisions and informed judgments about that organization. The purpose of this assignment is to provide the experience of obtaining a company’s annual report. You may wish to refer to the financial statements in the report during the rest of the course.
Required:
a. Obtain the most recently issued annual report of a publicly owned manufacturing or merchandising corporation of your choice. Do not select a bank, insurance company, financial institution, or public utility. It would be appropriate to select a firm that you know something about or have an interest in. If you don’t know the name or title of a specific individual to contact, address your request to the Shareholder Relations Department. Company addresses are available from several sources, including the following reference books in the library: Standard&Poor’s Register of Corporations, Directors and Executives,
Vol. 1-Corporations.
Moody’s Handbook of Common Stocks.
Standard&Poor’s Corporation Stock Market Encyclopedia.
Moody’s Industrial Manual.
b. Alternatively, you may be able to obtain an annual report via the Internet by typing http://www.firmname.com or by using a search engine to locate your company’s Web site and then scanning your firm’s home page for information about annual report ordering. By using Intel as your firm name, for example, you will discover that the most recent financial statements can be downloaded into Microsoft Excel files for subsequent manipulation.
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