In your web browser, search for the investor relations page of a public company you are interested in (e.g., Papa John’s investor relations). Select SEC Filings or Annual Report or Financials to obtain the 10-K for the most recent year available.*

Required:
1. Go to the Balance Sheet. For the most recent year:
a. What is the date of the balance sheet?
b. What are the top three asset accounts by size?
c. What is the percentage of each to total assets? (Calculated as Asset A/Total Assets)
d. What are the top three liability accounts by size?
e. What is the percentage of each to total liabilities? (Calculated as Liability A/Total Liabilities)
f. What are the significant changes, if any, in stockholders’ equity?
g. Does the company’s investment in assets come primarily from liabilities or stockholders’ equity?
2. Ratio Analysis:
a. What does the current ratio measure in general?
b. Compute the current ratio for each of the last three years.
c. What do your results suggest about the company over time?
3. Go to the Statement of Cash Flows. For the most recent year:
a. What are the major investing activities (by dollar size)?
b. Was total cash flow from investing activities positive or negative?
c. What are the major financing activities (by dollar size)?
d. Was total cash flow from financing activities positive or negative?