answer to the questions

Description

1) What is your company’s principal business activity? 2) Who is the CFO? What is his/her accounting background? Give as much detail as you see necessary. 3) Is your company managing any ethical issues presently? If so, how do their actions affect their financial performance going forward? 4) Identify the geographic operating segments of your company. 5) Prepare a table that compares the percent change in “Total Revenue” to the change in “Operating income” from 2019 to 2020 or the most recent available years. 6) Identify, if any, what regions increased in revenue, but decreased in operating income from year to year. 7) What might explain this? 8) Take the income statement of your company and transfer this to excel. 9) Identify the costs/expenses as either variable of fixed. For the variable cost per unit, you will have to find or estimate the total products sold during the fiscal year. 10) Write the total cost function. 12) What is the largest expense/cost item on your income statement? Using your annual report (notes to the financial statements) explain what is causing this expense. Can you think of some strategies to reduce this? 13) Rewrite your income statement in the contribution format for the last two years. Is contribution margin improving? Explain why or why not.