You are evaluating your current portfolio of investments to determine those that are not performing to your expectations. You have all of the companies' most recent annual reports.
Required:
For each of the following, indicate where you would locate the information in an annual report.
1. The total cost incurred for repairs and maintenance during the year.
2. Accounts receivable.
3. Description of a company's revenue recognition policy.
4. The cost of wages incurred during the year.