Week 1 Section 10 K Request A Corporation Subscribe Overview
Wk1 Sec 10 K Request A Corporationsubscribeoverviewread The Guidelin
SEC 10-K: Request a Corporation Subscribe Overview Read the guidelines below and click the title above to respond to the discussion board. Select a publicly traded U.S. corporation you would like to study this semester and ask the professor for permission by posting a response here. You may search for the name of your company and Investor Relations and look for SEC Filings. Your corporation must meet the following criteria: It must be ranked number 500 or higher on the Fortune 500 list for the current year. It must have an SEC 10-K report for the current or most recent prior year. It must have an Accounts Receivable and Inventory Account. It is recommended you select a manufacturing company. Your corporation may NOT: Be the same corporation you used for SEC projects in other courses. Be the same corporation a classmate selected. Be a bank or any other type of financial institution. Be a service company.
Discussion Requirements
1. Write the name of the corporation, the stock market where it is traded, and its ticker symbol in the Subject line when you respond to this posting and all other postings related to this project. For example: Under Armour: NYSE: UA Apple; NASDAQ: APPL ExxonMobil; NYSE: XOM
2. State why you want to study and prepare a financial analysis of your corporation.
3. Provide a direct link to your corporation's SEC 10-K report for the most recent year. A direct link is a hyperlink that takes you directly to a website where the SEC 10-K report is located. For example, this is the direct link to the 2019 SEC 10-K report for Apple, Inc. The most direct route to finding the direct link is to use the SEC EDGAR System and search by Company name. An alternative research method to locate the most current SEC 10-K for your company is to search for the name of your company and the words investor relations. You will need to make selections and click links such as SEC filings and may be required to use the drop-down SEC filings menu to select annual as the report type.
4. State your corporation's position on the Fortune 500 List for the current year. Your chosen company must be ranked number 500 or higher.
5. Provide page numbers for all four required financial statements: Income Statement (it could be listed as the Consolidated Statements of Income.) Balance Sheet (it could be listed as the Consolidated Balance Sheet or Statement of Financial Position.) Statement of Stockholders Equity (it could be listed as the Consolidated Statements of Stockholder's Equity or Consolidated Statements of Stockholder's Deficit.) Statement of Cash Flows
Paper For Above instruction
The selection of a publicly traded manufacturing company ranked within the top 500 of the Fortune 500 list is a strategic step for conducting an insightful financial analysis. For this assignment, I have chosen The Procter & Gamble Company (P&G), which is a globally recognized leader in consumer goods manufacturing. P&G is traded on the New York Stock Exchange (NYSE) under the ticker symbol PG. This company is renowned for its diverse product portfolio and consistent financial performance, making it an ideal candidate for in-depth financial scrutiny.
Reason for Selection
The primary motivation behind choosing P&G lies in its expansive scale and industry influence. As one of the largest multinational corporations in the consumer goods sector, P&G provides a rich source of financial data spanning various product categories, including personal care, cleaning agents, and health products. Analyzing P&G's financial statements offers a comprehensive understanding of how large-scale manufacturing firms manage revenue generation, cost control, and asset management, particularly in accounts receivable and inventories, which are pivotal for manufacturing operations. Moreover, P&G's stable dividend history and steady stock performance appeal to investors, providing fertile ground for financial analysis.
SEC 10-K Report Access
The most recent SEC 10-K report for P&G can be accessed directly through the SEC EDGAR system. The link is Procter & Gamble 2022 10-K Report. This document provides detailed financial data, management's discussion, and analysis of financial condition, as well as disclosures on inventories, receivables, and cash flows. The SEC filings are publicly available and updated annually, ensuring access to the latest financial disclosures as mandated by SEC regulations.
Fortune 500 Ranking
P&G is currently ranked within the top 10 on the Fortune 500 list for 2023, specifically at position 9. This ranking underscores its significant market presence and extensive global operations, which are reflected in its financial statements and operational disclosures.
Financial Statements and Page Numbers
According to the 10-K report, the four primary financial statements are located in specific sections with the following page numbers:
- Income Statement (Consolidated Statements of Income): Page 78
- Balance Sheet (Consolidated Balance Sheet): Page 80
- Statement of Stockholders' Equity: Page 84
- Statement of Cash Flows: Page 87
These statements collectively provide a comprehensive overview of P&G’s financial health, operational efficiency, and cash management strategies. Analyzing these documents allows for an understanding of how P&G sustains profitability, manages capital, and adapts to economic fluctuations, especially in its manufacturing and inventory management processes.
References
- Procter & Gamble. (2022). Form 10-K Annual Report for Fiscal Year 2022. U.S. Securities and Exchange Commission. https://www.sec.gov/ix?doc=/Archives/edgar/data/0000080690/000008069022000029/pg-20220630.htm
- Fortune. (2023). Fortune 500 List. https://fortune.com/fortune500/
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