Non-current liabilities essay

Two choices of assignment: Option A or B Option A – Select your company, if is publicly traded Option B – Select a publicly traded company of your choice. Step 1: Obtain a copy of the company’s annual report (accessible on-line usually on the company’s web site under investor relations). Otherwise, use a search engine to find it. Examine the balance sheet items under the heading Non-Current Liabilities. Read the footnote disclosures in the financial statements related to the line items in the Non-Current Liabilities section of the balance sheet of the company you selected. You will find the disclosures in the Notes to the Financials which follow the financial statements. Often there is a footnote number reference on the balance sheet to help you locate the corresponding note with a more detailed explanation. The level of detail in the notes is required by FASB. Management may choose to include additional information for clarification. Step 2: In one typed page (two pages MAX): • Identify at least THREE items reported as non-current (long-term) liabilities • Document what you saw in the financials (balance sheet and notes) that you read about or discussed in relation to Chapter 7 • Did anything surprise you? • Do you feel more comfortable navigating financials of real companies after having completed this? Why or why not? As an exhibit (not included in the page count), include a copy of the balance sheet of the company you selected.