Final Project – Part 2 Instructions:
STEP ONE:
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At Google or your favorite browser, enter AnnualReports.com
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Scroll down and select “View All Featured Companies”
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Select a company
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Select Annual Report
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Download the Annual Report and save it to your computer.
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From the Annual Report, locate the Inventory Method used by the company and
the Depreciation method (usually found in the Notes to the Consolidated
Financial Statements.)
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From the financial statements identify Inventory balance(s) and the
Depreciation Expense balance(s) for the period.
STEP TWO:
Prepare a Formal Memo written in a professional format per Purdue Owl
(https://owl.english.purdue.edu/owl/resource/590/03/). This memo should be 350-400
words. In your memo, provide the following information:
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Name of the company you selected.
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The period stated in the annual report.
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The inventory method used by the selected company. Describe the advantages
and disadvantages to the company because it uses this inventory method.
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The inventory amount and where it was located.
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The depreciation method used by your company. Describe the advantages and
disadvantages to the company because it uses this depreciation method.
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The depreciation expense for the period and where it was located.
STEP THREE:
Upload the Business Memo to the Assignment Box AND Provide a Screen shot of the
specific information from the annual report verifying the information presented in your
memo.

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