Question: Visit the EDGAR database at (www.sec.gov). Access the Form 10-K report of Rocky Mountain Chocolate Factory (ticker RMCF) filed on May 24, 2011, covering its

Visit the EDGAR database at (www.sec.gov). Access the Form 10-K report of Rocky Mountain Chocolate Factory (ticker RMCF) filed on May 24, 2011, covering its 2011 fiscal year.

Required
1. Item 6 of the 10-K report provides comparative financial highlights of RMCF for the years 2007–2011. How would you describe the revenue trend for RMCF over this five-year period?
2. Has RMCF been profitable (see net income) over this five-year period? Support your answer.

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in thousands 2011 2010 2009 2008 2007 Revenues 31128 28437 28539 318... View full answer

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