Question

What financial reports are included in the annual report? What are the major types of information contained in each of these reports? What is a Form 10-K? What information can be found in a Form 10-K document that could not be found in an annual report, if any?

Answer 1

The financial reports included in the annual report are the balance sheet, income statement, and cash flow statement. A Form 10-K is a detailed annual report filed by publicly traded companies with the SEC. The Form 10-K contains additional information that may not be found in the company's annual report.

Step-by-step explanation:

The financial reports included in the annual report typically consist of the balance sheet, income statement, and cash flow statement. The balance sheet shows a company's assets, liabilities, and shareholders' equity at a specific point in time. The income statement provides information on a company's revenues, expenses, and net income over a set period. The cash flow statement displays the cash inflows and outflows during the reporting period.

A Form 10-K is a comprehensive annual report that publicly traded companies in the United States are required to file with the Securities and Exchange Commission (SEC). It contains detailed information about the company's financial performance, business operations, risks, and other relevant disclosures. This document includes information about the company's management, executive compensation, legal proceedings, and audited financial statements, which may not be available in the company's annual report.