Problem: Select any publicly traded U.S. company. You are preparing a report to management regarding the Statement of Changes in Owner's Equity, Statement of Cash Flows, and notes and other financial information. Prepare a 1,050-1,700-word position paper to the CEO explaining these statements and items and what they mean for your chosen company. Your paper should include discussions of the following:
1) The specific components of the Statement of Changes in Owners Equity and Statement of Cash Flows (line items and balances)
2) An analysis of the changes in those balances from the prior year, possible specific explanations for any changes from the previous year, and how management can use that information in helping the business to achieve its goals
3) Important notes to the financial statements and how they help management and investors make good business decisions
4) Explanations of other financial information (i.e., Management's Discussion and Analysis, comparative summary of key financial data) and how they help management and investors make good business decisions