Disclosure Analysis Paper

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Disclosure Analysis Paper

Individual Assignment: Disclosure Analysis Paper

Â? Resources: Internet

Â? Select a publicly held company to use as the basis for this assignment.

Â? Research your selected company and acquire the companyâ??s most recent financial statements using the Internet.

Â? Prepare a 700- to 1,050-word paper analyzing the disclosures contained within the notes to the financial statements related to cash and cash equivalents, receivables, and inventories. Include a list identifying the components of the organizationâ??s cash and cash equivalents.

Â? Format your paper consistent with APA guidelines.

site references and keeping to less than 15% plagarism checker
In accordance with Brainmass rules this is not a paper but background help.
The company selected is Pfizer Inc. The latest financial statements available are those of 2009.
In the notes to the financial statements there are explicit notes relating cash and cash equivalents, and inventories. These are from the website: http://media.pfizer.com/files/annualreport/2009/financial/financial2009.pdf
"I. Cost of Sales and Inventories
We value inventories at lower of cost or market. The cost of finished goods, work in process and raw materials is determined using
average actual cost."
"N. Cash Equivalents and Statement of Cash Flows
Cash equivalents include items almost as liquid as cash, such as certificates of deposit and time deposits with maturity periods of
three months or less when purchased. If items meeting this definition are part of a larger investment pool, we classify them as Short-term investments.
Cash flows associated with financial instruments designated as fair value or cash flow hedges may be included in operating,
investing or financing activities, depending on the ...