Question: During week 5 you will be working with different types of liabilities. Select a public company of your choice (everyone must use a different company).

 During week 5 you will be working with different types of

During week 5 you will be working with different types of liabilities. Select a public company of your choice (everyone must use a different company). Locate their most recent 10-K so that you have that company's financials, related notes to the financial statements, and MD&A. Pick a current and long-term liability to discuss. The following should be provided in your post: 1. Line item - one current liability and one long-term liability (name exactly as it appears on the balance sheet and related dollar amount) ** Include the balance sheet date in your post (it should be the latest filing). 2. Look in the notes to the financial statements, what additional information is provided in the notes about the items you selected. (Must be in your own words, you will not receive points if you copy and paste.) 3. In terms of the last five years, what is the trend? (increases, decreases, flat) 4. Look within the MD&A section of the annual report what explanation does management give for the change in your selected line items. (Must be in your own words, you will not receive points if you copy and paste.) 5. If you cannot find information pertaining to all items you will need to select a different account and/or company. During week 5 you will be working with different types of liabilities. Select a public company of your choice (everyone must use a different company). Locate their most recent 10-K so that you have that company's financials, related notes to the financial statements, and MD&A. Pick a current and long-term liability to discuss. The following should be provided in your post: 1. Line item - one current liability and one long-term liability (name exactly as it appears on the balance sheet and related dollar amount) ** Include the balance sheet date in your post (it should be the latest filing). 2. Look in the notes to the financial statements, what additional information is provided in the notes about the items you selected. (Must be in your own words, you will not receive points if you copy and paste.) 3. In terms of the last five years, what is the trend? (increases, decreases, flat) 4. Look within the MD&A section of the annual report what explanation does management give for the change in your selected line items. (Must be in your own words, you will not receive points if you copy and paste.) 5. If you cannot find information pertaining to all items you will need to select a different account and/or company

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f