You are required to prepare a brief SEC 10-K PowerPoint Presentation Draft and post it to Peer Review of SEC 10K Project: Post Your Draft. You are required to provide feedback to a classmate on his/her SEC 10-K PowerPoint Presentation Draft. Please read the feedback that other students have written about your own draft and revise as you see appropriate. Please post your Revised SEC 10-K PowerPoint Presentation.
1. PowerPoint Presentation Draft: what should you include in your PowerPoint Presentation draft? You may create a slide for each of the following:
a. Your name, the name of the company that you’ve been studying, the location of the company’s corporate headquarters, the state of incorporation, and the date.
b. The net sales and net income (or net loss) from the income statement statement of the most recent fiscal year. Indicate the dates of the most recent fiscal year. If you like, you can do cut and paste company’s income statement and highlight the net sales and the net income. Please indicate if these amounts are in thousands of dollars, millions of dollars, or something else. Is the income statement single step or multiple step?
c. The first five items from the asset section of their balance sheet, and the dollar values, from the ending date of the most recent fiscal year. Indicate the date. You can do a cut and past of the balance sheet from the date of the most recent fiscal year, and highlight the first five. Please indicate if these amounts are in thousands of dollars, millions of dollars, or something else.
d. The items and the dollar amounts in the ‘Owners’ Equity’ section of the balance sheet from the ending date of the most recent fiscal year. Indicate the date. Indicate if these amounts are in thousand of dollars, millions of dollars, or something else.
e. The amount of inventory from the above balance sheet, the date, and indicate if this amount is in thousands of dollars, millions or dollars, or something else. Is it LIFO? FIFO? Average cost?
f. Calculate gross profit and gross profit percentage for the most recent fiscal year and the year before. Create a table like you did in Week 3. Indicate if there are significant differences.
g. Indicate the amount of Accounts Receivable from the balance sheet, and if this amount is in thousands, millions, or whatever. Indicate also the ‘Allowance for Doubtful Accounts’ or ‘Allowance for Bad Debt’ and net receivables. Find out from the notes to the financial statement who owes the company big bucks, and indicate who that is.
h. Indicate the Plant, Property, and Equipment or Fixed Assets section of the balance sheet. Show accumulated depreciation and Net PPE (Plant Property, and Equipment) or Net Fixed Assets . Show the last fiscal year’s Depreciation Expense from the income statement, too.