Select a Fortune 500 company (use this list for help identifying companies: (Links to an external site.)). Look up the company’s annual report (Fortune (Links to an external site.) conveniently provides links to the annual reports for these companies). In a paper, (you might find this link (Links to an external site.) helpful for reading an annual report):
Identify background information on the company, including the company name, ticker (stock) symbol, GICS Sector, and GICS Sub Industry.
Summarize the products the company produces and sells and who their target customers are.
Describe factors that could shift the demand curve for the company’s product(s) (see the risk factors discussed in the K-10).
Describe factors that could shift the supply curve for the company’s product(s) (see the risk factors discussed in the K-10).
Describe whether the company’s product(s) would be expected to have an elastic demand or inelastic demand.
Discuss the firm’s profitability with an explanation of the difference between accounting profit and economic profit.
