Paper details:
1- Locate the Income Statement (may have a different heading such as Statement of Consolidated Operations)- Hint: First line should relate to Revenue-
What is the Description and Dollar Value of the first line on the Income Statement (it may be net sales)?
2- Locate the Balance Sheet (it may have a different heading, such as the Statement of Financial Position)-
What are the names of the assets and their values (if more than five line items, report only the first five line items and dollar values)-
3- Take care with the concept of $ dollars- Many financial statements are expressed in millions of $- You would report $895 million for the value
$895,000,000- Be a very careful reader-
4- Statement of Owners’ Equity: Post the line items and dollar values in the “Equity” section of the balance sheet- You will likely find line items including
Common Stock, Retained Earnings (or Deficit), and Treasury Stock-
5- Always include the name of your SEC 10-K company in the subject line and the link to your SEC 10-K financial statement when posting-
6- What is the Net Income (or Net Loss) for your SEC 10-K company?
