223_Hwk_5_Solutions - HA 223 Fall 2006 Homework 5 Solution M5-2 No_2_3_1 Title Annual report Form 10-K Earnings press release Note Many companies

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HA 223 – Fall 2006 – Homework 5 – Solution M5-2. No. Title __ __2_____ Annual report __ __3_____ Form 10-K __ __1_____ Earnings press release Note: Many companies now issue the annual report and the 10-K at the same time. M5-3. Elements of Financial Statements Financial Statements B (1) Liabilities A. Income statement. C (2) Cash from operating activities B. Balance sheet. A (3) Losses C. Cash flow statement B (4) Assets D. None of the above. A (5) Revenues C (6) Cash from financing activities A (7) Gains B (8) Owners' equity A (9) Expenses D (10) Assets personally owned by stockholder
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Information Release Definition B (1) Annual report F (2) Form 8-K A (3) Press release E (4) Form 10-Q C (5) Quarterly report D (6) Form 10-K A. Written public news announcement that is normally distributed to major news services. B. Report containing the four basic financial statements for the year, related notes, and often statements by management and auditors. C. Brief unaudited report for quarter normally containing summary income statement and balance sheet (unaudited). D. Annual report filed by public companies with the SEC that contains additional detailed financial information. E. Quarterly report filed by public companies with the SEC that contains additional unaudited financial information. F. Report of special events (e.g., auditor changes, mergers) filed by public companies with the SEC. P5-2. G (1) Retained earnings B (11) Capital in excess of par L (2) Current liabilities Q (12) Liabilities D (3) Liquidity P (13) Fixed assets H (4) Contra-asset account C (14) Shareholders' equity N (5) Accumulated depreciation E (15) Current assets J (6) Intangible assets K (16) Assets A (7) Other assets
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This homework help was uploaded on 02/19/2009 for the course HA 230 taught by Professor Davidlee during the Fall '06 term at Cornell University (Engineering School).

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223_Hwk_5_Solutions - HA 223 Fall 2006 Homework 5 Solution M5-2 No_2_3_1 Title Annual report Form 10-K Earnings press release Note Many companies

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