Required information Learning Objective: 05-03 Recognize and apply the different financial statement and disclosure formats used by companies in practice and analyze the gross profit percentage. Skip to question [The following information applies to the questions displayed below.] After completing this learning objective, you should be able to recognize and apply the different financial statement and disclosure formats, used by companies in practice, and analyze the gross profit percentage. Classified Balance Sheet Descriptive Transcript Knowledge Check 01 Which of the following must be included in the annual reports of public companies? Note: Select all that apply. Check All That Apply Balance sheets prepared as of the end of the last two years Balance sheets prepared as of the end of the last two years Balance sheets prepared as of the end of the last three years Balance sheets prepared as of the end of the last three years Income statements, cash flow statements, and statements of stockholders' equity covering the last two years Income statements, cash flow statements, and statements of stockholders' equity covering the last two years Income statements, cash flow statements, and statements of stockholders' equity covering the last three years