Justin Sung Learning

What is the website where you can get information on the economy

the conference board

What should you look for in the bussiness section of the 10k

Look for what the company does, how it is making money, what are the units of business, who are its competitors

What should you look for in the risks section of the 10k

unique risks

Management Discussion/ MD&A

Read the management’s analysis of the company’s recent business performance and impact on financial results. As the ones running the company, the management can give you further insights into the company’s operations, competition, and industry conditions.

Financial Statements and Supplementary Data

Assess the company’s income statement, cash flow statement, and balance sheet. Are the company’s financial results predictable and improving? Are the company’s cash flow and balance sheet healthy? If there’s a sudden change in a financial item from year to year, read the financial notes to understand the change. Evaluate if it poses a substantial risk to the company

log10 x

= ln x/ ln 10

quotient rule

(g’)(f)-f(g’)/(g)²