Each member of the team should select a large corporation and go to its website. Surf around until you find the company’s balance sheet. Often the appropriate tab is labeled as one of the following:
• Investor Relations
• About the Company
• Financial Reports
• 10-K Report On the company’s balance sheet, scroll down until you find the liabilities.
List all the company’s liabilities—both current and long-term—along with each amount.
Read the company’s notes to the financial statements and include any details that help you identify the amount of a liability.
Compute the company’s debt to equity ratio.
Bring your findings to your team meeting, compare your results with those of your team members, and prepare either a written report or an oral report, as directed by your instructor.