Annual Reports Review

Which definition best describes an annual report?

• It is a report that outlines the weaknesses of a particular industry or index.

• It is a financial report released once a year by a company that reports major news about the company.

• It is a report that outlines competition that a major company will face.

• A quarterly report that is required by law to inform shareholders about the state of the company.

Why would an investor want to view an annual report?

• It only contains information about future plans, making it a good way to view future expectations.

• It provides a thorough analysis of the company and its financial information helps investors make an informed decision.

• Its comparison of different companies is a vital tool for investors to make smart decisions.

• Bloomberg, the company that makes annual reports, is very reputable and respected.

The main component of an annual report that discusses the company's economic performance is called the...

• Auditor's Report

• Corporate Profile

• Letter to Shareholders

• Financial Highlight

Where can you usually find a company's annual report

• The investor relations section of their website

• In their income statement

• The CEO's office

• You can't

Which of the following facts is false regarding a company's 10-k

• It is usually very long

• Public companies are required to submit 10-k report at the end of every fiscal year

• It is often filled with appealing visuals and graphics

• They are submitted to the SEC or OSC