Financial statements can reveal a great deal about a company. Corporations are required to produce a 10K report that includes the income statement and balance sheet. Go to the companies’ Web sites listed below, select investor relations, annual report, and 10K report. From the income statement, decide the most profitable company. From the balance sheet, decide the company with the largest amount of cash available and the one with the most assets. (www.federated-fds.com) (www.jcpenny.com) (www.honeywell.com)
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