discussion 2518

Answer all of the following questions and do not cut and paste from your company SEC report.

What is the Description and Dollar Value of the first line on the Income Statement (it may be net sales)?
Locate the Balance Sheet (it may have a different heading, such as the Statement of Financial Position).
What are the names of the assets and their values (if more than five line items, report only the first five line items and dollar values)?
Statement of Ownerâ€s Equity: Post the line items and dollar values in the “Equity” section of the balance sheet. You will likely find line items including Common Stock, Retained Earnings (or Deficit), and Treasury Stock.
What is the Net Income (or Net Loss) for your SEC 10-K company?

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