Final Project – Part 2 Instructions:
STEP ONE:
At Google or your favorite browser, enter AnnualReports.com
Scroll down and select View All Featured Companies
Select a company
Select Annual Report
Download the Annual Report and save it to your computer.
From the Annual Report, locate the Inventory Method used by the company and
the Depreciation method (usually found in the Notes to the Consolidated
Financial Statements.)
From the financial statements identify Inventory balance(s) and the
Depreciation Expense balance(s) for the period.
STEP TWO:
Prepare a Formal Memo written in a professional format per Purdue Owl
(https://owl.english.purdue.edu/owl/resource/590/03/). This memo should be 350-400
words. In your memo, provide the following information:
Name of the company you selected.
The period stated in the annual report.
The inventory method used by the selected company. Describe the advantages
and disadvantages to the company because it uses this inventory method.
The inventory amount and where it was located.
The depreciation method used by your company. Describe the advantages and
disadvantages to the company because it uses this depreciation method.
The depreciation expense for the period and where it was located.
STEP THREE:
Upload the Business Memo to the Assignment Box AND Provide a Screen shot of the
specific information from the annual report verifying the information presented in your
memo.
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