1) Review the latest 10-K report of the company that you have been assigned. What date was this report filed? In the first few pages, there is a table of contents. What kind of information is included in this company’s 10-K report?
2) Based on item 1 provide a brief overview of this company’s business.
3) Pages 60 and 64 of your book briefly describe the types of financial statements that we can come across. Go to the financial statements section of the 10-K report (item 8). What type of statements do we have in this case (i.e. internally prepared, compilation, review or audit)? If it is an audit, what type of opinion do we have? The audit opinion can be found either in the beginning or at the end of the
financial section (see also the example provided in your book: exhibit 2-5).
4) Look at the actual financial statements. What is the first statement? What is its purpose? How many years of data are presented there? What period does it cover?
5) What is the second statement? What is its purpose? How many years of data are presented there? What are the dates?
6) What is the third statement? What is its purpose? How many years of data are presented there? What period does it cover?
7) What is the fourth statement? What is its purpose? How many years of data are presented there? What period does it cover?
8) Look at the Notes to the financial statements; what is your company’s fiscal year end? In what segments does the company operate?
9) Review the Notes to the financial statements; how does the company recognize revenue?
10) Chapter 4 of your textbook discusses some “special income statement items”; does this company’s income statement include any of these “special items”? If yes, briefly describe them. In addition, indicate whether they have increased or decreased the firm’s net income.
11) Look at this company’s balance sheet. What is the amount of total assets? What was the increase/decrease in total assets from the previous fiscal year end? What are the company’s five largest assets? Does the company have any intangibles? If yes, briefly describe them.
12) What is the amount of total liabilities? What was the increase/decrease in total liabilities from the previous fiscal year end? What are this company’s five largest liabilities?
13) What is the amount of total stockholders’ equity? What was the increase/decrease in total stockholders’ equity from the previous fiscal year end? How many shares of common stock were outstanding as of the most recent fiscal year end? Has the number of shares increased or decreased from the previous fiscal year end?
14) Visit this company’s site and click on the investor relations and SEC filings sections; under SEC filings choose the proxy view and select the most recentreport DEF 14A that is available. Go to Executive Compensation within this proxy. Briefly describe the executive compensation. How does the compensation of your firm’s highest paid executives compare to the respective compensations of
the highest paid executives in the other firms in your group?
15) Review the proxy statement and the Notes to the financial statements. Do they address any related party transactions? If yes, briefly describe what is been discussed.
16) Visit this company’s site again and click on the investor relations and SEC filings sections; under SEC filings search for quarterly filings and select the latest 10-Q report. What date was this report filed? In the first few pages, there is a table of contents. What kind of information is included in this company’s 10-Q report? What is a very important difference between the 10-K and 10-Q reports?
17) Based on the 10-K and proxy reports that you have accessed for this company briefly describe the management team.
18) Look for some additional resources that might provide evidence about the skills, experience and reputation of this company’s management, strategy and general risk factors affecting its business. Look for two articles in newspapers and magazines and provide a brief summary. The articles should be dated within the last six months and should express independent-not management’s views. You should make appropriate references identifying where the information was obtained from. You should also briefly describe your reasons for selecting these articles (i.e. their significance for your company).
This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.1) The last 10-K report was filed October 18th,2013. 10-K Walgreen Co. Report includes information such as an overview of the company’s business, it’s risk, and financial results as well as operating results for the fiscal year.
2) Walgreen Co. is the largest drug retailing chain in the US. They provide customers with pharmacy and health/wellness services through drugstores, mail, phone and online. Along with the subsidiaries the net sales is $72.2 billion in the fiscal year ended August 31st 2013.
Wagreen sells drugs and general merchandise such as household items, foods, personal...