Locate a publicly traded company’s most recent annual 10-K filing. You can use the EDGAR electronic data gathering, analysis, and retrieval system with the SEC to acquire those financials.
You must post your initial response to the discussion board by Wednesday at 11:59 p.m. In your initial post, answer the following questions related to the company’s property, plant, and equipment:
Name the different types of assets the company lists in its balance sheet under property, plant, and equipment.
How much cash was used for the acquisition of property, plant, and equipment during the year? How does this compare with purchases in previous years?
Compute the fixed-asset turnover ratio for the fiscal year. What is the ratio intended to measure?
Include only the pages you used of the 10-K to make your assessments as a .pdf attachment to your initial post.
Sample Solution
