Select a publicly traded company for analysis or use a company assigned by your instructor. Based on the firm’s most recent Form 10-K report (accessed through the SEC EDGAR database or from the company’s website), complete the following requirements and address the questions presented.

(a) Prepare a common-size balance sheet for the company for all years presented.

(b) Describe the types of assets the company owns. Which assets are the most significant to the company? Using the notes to the financial statements, discuss the accounting methods used to value assets. What other information can be learned about the asset accounts from the notes? Have there been significant changes to the asset structure from last year to the most recent year?

(c) Does the company include amounts for the allowance for doubtful accounts on the balance sheet, in the MD&A, the notes to the financial statements, or additional exhibits? If so, analyze the accounts receivable and allowance for doubtful accounts.

(d) Describe the types of liabilities the company has incurred. Which liabilities are the most significant to the company? Have there been significant changes to the liability and equity structure from last year to the most recent year?

(e) Describe the leases, commitments, and contingencies of the company.

(f) Under which classification(s) are deferred taxes listed? What item is the most significant component of deferred taxes?

(g) What equity accounts are included on the balance sheet of the company?