Total assets Total liabilities Total equity

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
Problem 84.1C
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Visit the website of the US Securities and Exchange Commission (SEC) https://www.sec.gov/edgar/searchedgar/companysearch.html Search for the latest Form 10-K for a company you would like to analyze.  Submit a short memo that

A. Includes the name of the company you have chosen.
B. Review the company’s end-of-period Balance Sheet to determine the following:

  • Total assets
  • Total liabilities
  • Total equity

C. Compare beginning and ending Assets totals and discuss the amount of change.
D. Compare beginning and ending Liabilities totals and discuss the amount of change.
E. Compare beginning and ending Equity totals and discuss the amount of change.

Please provide a link to the company’s Form 10-K to allow accurate verification of your answers.

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