The annual report provides financial information in a variety of formats, including the following.
Management discussion and analysis (MD&A)
Financial statements
Notes to the financial statements
Auditor’s opinion
Instructions
For each of the following, state in what area of the annual report the item would be presented.
If the item would probably not be found in an annual report, state “Not disclosed.”
(a) The total cumulative amount received from stockholders in exchange for common stock.
(b) An independent assessment concerning whether the financial statements present a fair depiction of the company’s results and financial position.
(c) The interest rate that the company is being charged on all outstanding debts.
(d) Total revenue from operating activities.
(e) Management’s assessment of the company’s results.
(f) The names and positions of all employees hired in the last year.