5. Describe the information provided in Item 7 of the 10-K.
The information provided in item 7 of the 10-k.
10-k:
In accounting 10-K is defined as an annual report which is usually required by the United States Securities and Exchange Commission, it provides a Comprehensive summary of a Company’s financial performance.
This report is quiet detailed as compared to a company’s annual report, which is used by the company’s shareholders before an annual meeting to elect the directors of the company.
The information about a company that is required to be documented in 10-k is the history of the company, its organizational structure, earnings per share, financial statements, executive compensation, subsidies and other relevant data...
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