Question: Assignment content In this first analysis assignment, you will need to open the attached Stanley Black & Decker ( 10-mathrm{K} ), also known as an
Assignment content In this first analysis assignment, you will need to open the attached Stanley Black \\& Decker \\( 10-\\mathrm{K} \\), also known as an annual report. Read carefully the following portions of the document *not the entire document unless you really want to*: Stanley Black \\& Decker 10-k - \"Description of the business\" on page 4 and 5 (as numbered at the bottom of the page) - \"Consolidated Statement of Operations on page 58 - The following parts of Note A on page 64 through 69 - \"Revenue recognition\" - \"Advertising costs\" - \"Shipping and handling costs\" - \"Note C: Inventories\" on page 75 - \"Note D: Property, plant and equipment\" on page 75 To receive full credit for this assignment, answer the following 5 questions. 1. Does the level of detail that Stanley provides regarding costs incurred to manufacture its products suggest the company's financial statements are designed primarily to meet the needs of external or internal users? 2. Does Stanley treat shipping and handling costs as product or nonproduct (period) costs? 3. Does Stanley treat advertising costs as product or nonproduct (period) costs? 4. In Financial Accounting you learned about a class of inventory called merchandise inventory. What categories of inventory does Stanley report in its annual report? 5. What is the cost of the land owned by Stanley? What is the cost of its machinery and equipment
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