Respond to each question below: 200 words or more per question
Using the SEC 10-K for your company, answer the following questions:
1. Liabilities and Contingencies: Can they be estimated? Are they probable to occur? What did you learn about estimated liabilities and contingencies from the note disclosures in the SEC filing? How may these items impact profitability and other cost accounting-related topics for your manufacturing company?
2. Does management disclose any information about Corporate Social Responsibility (CSR) and Sustainability policies? How would this emerging framework impact on cost and profitability for your corporation? (NOTE: Some large multinational corporations maintain a separate CSR and/or Sustainability website.)
(NOTE: Take care with the concept of $ dollars. Many financial statements are expressed in millions of $. You would report $895 million for the value $895,000,000. Be a very careful reader.)
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