Refer to the annual report of the company you chose in C1.1. Based on your knowledge of this company, which of the decisions discussed in this chapter might the company you chose face? Is there any specific information in the annual report about any such decisions? Using your knowledge of this company and what you have learned in this chapter, classify the expenses on the income statement as fixed, variable, or mixed costs. You may need to read some of the notes to gain a better understanding of the income statement items.

Data from C1.1

Select a company you are interested in and obtain a copy of its most recent annual report. Keep this report for use throughout this book. Based on the information in this report, answer the following questions:
A. What type of business is this company (service, merchandising, or manufacturing)?
B. Does the company conduct business internationally?
C. What are the company’s primary products and/or services?
D. Who is the chief executive officer of the company?
E. Who is the auditor for the company?
F. Did the company have positive or negative income during the period?
G. What are the total assets at the end of the most recent period?
H. What are the total liabilities at the end of the most recent period?
I. What are the cash flows from operating activities for the most recent period?
J. What are the current, return on sales, and debt-to-equity ratios for the most recent period?