As a team, select an industry to analyze and select a company that interests you. Find its annual report online. Answer the following questions about the company you chose:

Required
1. Find the amounts for sales, cost of goods sold, gross profit, and inventory for the current year and the previous year.
2. List the major ways your company sells its products/inventory to its customers.
3. What was your company’s gross profit for the current year? By how much did it increase or decrease compared to the previous year?
4. Did your company have enough gross profit to cover its operating expenses in the current year?