Assignment: Select a publicly listed firm of personal interest to you.
Locate in their latest annual report on Form 10K the segment footnote for the company you have chosen. Please do not obtain this information from an interim report; only use an annual report.
Copy and paste the segment footnote information for your chosen company into your initial posting so everyone in the class can see this footnote when they review your initial posting.
Answer the following questions about the segment footnote and segment information presented and provided by your company. Note: You may have to look into other sections of the annual report on Form 10K to answer some of the questions below.
I. Has your chosen company complied with the specific disclosures required for each reportable segment detailed? Check your course textbook for the five quantitative and descriptive informational disclosures which must be disclosed for each segment determined to be separately reportable for your chosen company, list them, and indicate how and where your chosen company complied with these disclosures, or not, in the annual report.
II. Has your chosen company provided disclosures about geographic areas where it operates? If so, summarize the key geographic areas where the company obtains its latest annual revenues from, and what that information might mean to a potential investor in the company.
III. Has your chosen company provided any disclosures about disclosures required regarding major customers? If so, what information was disclosed, who was/were the customers, and what was/were their percentage of your chosen company's total revenues in the latest financial year?
IV. In general, summarize what you learned for your chosen company in researching, studying, and analyzing their disclosures in the latest annual report regarding segment disclosures. Why was the information content of those segment disclosures important for your chosen company? Did the information content of those disclosures change your view or surprise you about your chosen company? If so, why?
Format your assignment 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 assignment, 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.