Introduction to Corporate Finance

Ross et al.: Fundamentals
of Corporate Finance, Sixth
Edition, Alternate Edition

I. Overview of Corporate

Finance

2. Financial Statements,
   Taxes, and Cash Flow

© The McGraw−Hill^63

Companies, 2002

CHAPTER 2 Financial Statements, Taxes, and Cash Flow 31

The U.S. Securities and Exchange Commission (SEC)requires

that most public companies file regular reports, including annual and quar-

terly financial statements. The SEC has a public site named EDGAR that makes

these reports available free at http://www.sec.gov. We went to “Search EDGAR,”

“Quick Forms Lookup,” and entered “Microsoft:”

Here is a partial view of what we got:

As of the date of this search, EDGAR had 195 corporate filings by Microsoft available

for download. The 10-K is the annual report filed with the SEC. It includes, among

other things, the list of officers and their salaries, financial statements for the previous

fiscal year, and an explanation by the company for the financial results.

Work the Web