Using the most current Form 10-K available on EDGAR, or the companys website, answer the following questions

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Using the most current Form 10-K available on EDGAR, or the company’s website, answer the following questions about the J. M. Smucker Company. Instructions for using EDGAR are in Appendix A. Note: In some years the financial statements, footnotes, etc., portion of Smucker’s annual report have been located at the end of the Form 10-K, in or just after “Item 15.”

Required
a. Instead of “Cash,” the company’s balance sheet uses the account name “Cash and cash equivalents.” How does the company define cash equivalents?
b. The annual report has two reports in which management clearly acknowledges its responsibility for the company’s financial reporting and internal controls. What are the names of these reports and on what pages are they located?


Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

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