Using the most recent annual report of the company you have chosen to study and that you have accessed online at the company 's website, examine the balance sheet and accompanying notes of your company Answer the following questions 1 What percentage of total liabilities and stockholders ' equity a...

1 For the year of 2013 the Company CVS longterm liabilities to total liabilities and total equity wa ...

Using the most recent annual report of the company you have chosen to study and that you

Question:

Using the most recent annual report of the company you have chosen to study and that you have accessed online at the company's website, examine the and accompanying notes of your company. Answer the following questions:
1. What percentage of total liabilities and stockholders' equity are long-term liabilities? Does the company have long-term notes or bonds and deferred income taxes? How do these liabilities differ from each other?
2. Find the disclosures about these leases in the notes to the financial statements. What are the total lease obligations of the company?
3. Find the disclosures about pensions in the notes to the financial statements. What kind of pension plan does the company have? Does it offer post-retirement benefits?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...