Question: Using the SEC Edgar website,Links to an external site. enter the name of your company and click Search . Once your company has been found,

  • Using the SEC Edgar website,Links to an external site.enter the name of your company and click Search. Once your company has been found, refine your search results by clicking on Form and selecting 10-K.
  • Open the most recently filed 10-K (Annual Report).

give a Discussion Post

Review the report of independent registered public accounting firm (or auditor's report). In your post, address the following:

  • What is the name of the company's auditing firm?
  • Who bears the primary responsibility for the financial statements? Explain.
  • Does it appear that the company's internal controls are adequate? Explain.
  • What standard of auditing did the auditors use in examining the company's financial statements?

Review the Balance Sheet and Income Statement. Usually, this information is located in Part II, Financial Statement and Supplementary Data.

  • Review the Notes to the Consolidated Financial Statements specifically related to property, plant, and equipment. What depreciation method(s) does your company use for calculating depreciation expense?
  • Review the Notes to the Consolidated Financial Statement specifically related to contingencies (or contingent liabilities). Did you company report any contingent liabilities? Explain.
  • Calculate the following financial ratios:
    • Accounts receivable turnover
    • Days' sales in receivables
    • Asset turnover
    • Times-interest-earned ratio

Company- coca cola

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