Internet Research on Long Term Assets

Select a publicly traded company and to its website. Under investor relations, find their annual report (also known as their 10-K). Answer the following questions based on the company’s most recent annual report: What is the official name of the company? What is its fiscal year end? At the end of the year, what is the net balance in property, plant, and equipment? It may also be called fixed assets. (See the balance sheet) Does the company have any intangible assets? If so, how much is reported for intangible assets? What is the balance in accumulated depreciation? (either below property, plant, and equipment on the balance sheet or in a note about property, plant, and equipment i.e. fixed assets). Which method of depreciation is used? (It’s usually disclosed in the notes under summary of accounting policies).

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