What is the fourth statement and what is its purpose


Homework: Kellogg & General Mills

The companies that you need to review for this homework are:

• Kellogg
• General Mills

You can find the 10K reports that you need for your companies in the Modules - 10K Reports folder.

Task

Below are the requirements for homework. You need to answer the following questions for each company separately:

1. What is the third statement? What is its purpose? How many years of data are presented there? What period does it cover?

2. What is the fourth statement? What is its purpose? How many years of data are presented there? What period does it cover?

3. What is the fifth statement? What is its purpose? How many years of data are presented there? What period does it cover?

4. Look at the Notes to the financial statements; what is your company's fiscal year end? In what segments does the company operate?

5. Review the Notes to the financial statements; how do your companies recognize revenue?

Format your homework according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Corporate Finance: What is the fourth statement and what is its purpose
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