Question: I need some help answering this question. No financial decision-maker should ever rely solely on the financial information reported in the annual report to make
I need some help answering this question.
No financial decision-maker should ever rely solely on the financial information reported in the annual report to make decisions. It is important to keep abreast of financial news. Perform an internet search for either Wal-Mart, Target Corp., or Kmart.
Select an article that sounds interesting to you and that would be relevant to an investor in these companies.
Instructions:
(a) What was the source of the article (e.g., Reuters, Businesswire, Prnewswire)?
(b) Assume that you are a personal financial planner and that your classmates owns stock in the company. Write a brief memo to your Classmates summarizing the article and explaining the implications of the article for their investment.
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