Accounting II 1st Discussion

Identify and research a US public company in your pathway that has Property, Plant and Equipment. . It should be on the Fortune 500 list.  Don’t use a company that someone has already used. Please put the company’s name as the subject of your post. Access their recent (less than 12 months) annual 10-K report for the company at the EDGAR filings at SEC Edgar search tool or Yahoo or Google finance.  Include the URL of the report in your initial post.

Requirements: (DO NOT USE AMAZON) SOMEONE ALREADY SELECTED

IT CAN BE ANY COMPANY

Initial post:

• Review the report and in a minimum of 3 paragraphs, tell us the following:
• The name of the company and your pathway
• When was the report filed and the time period it covers, indicating specific dates, not just 2020?
• What are the company’s major product lines?
• What Property, Plant, and Equipment categories do they have and what are the dollar amounts for each category?  If the numbers are in millions, state that.
• What methods of depreciation do they use for those categories?  Hint:  See the notes to the financial statements.
• What did you find interesting about they types of Property, Plant, and Equipment they have and the depreciation methods they have chosen?

Examples of businesses in pathways could be:

• AHCD: Dance, Theater, Film production, Social media, Graphics design or architecture business
• Business:  Accounting office, caterer, advertising firm, dry cleaner, restaurant, any business is acceptable
• Education:  K-12 tutoring, Child care, Charter schools
• Health Sciences:  Dr. or Dentist office, PT office, Hospital, Insurance co,
• IMCT:  Engineering Co., Aviation maintenance, Aviation distribution, Supply Chain Management, Auto manufacturing
• Public Safety:  Law office, PI, Equipment providers for the industry
• STEM:  Engineering Co., Vet. Office, Computer Services co.
• SGSHS:  Psychology office, Non-profit agencies, Social Media, Hospitals, Drug manufactures