Which components of the annual report were most relevant in your analysis?Discuss any deferred tax asset/liability and income tax expense.

Locate Tapestry Inc locate its latest annual report  on www.Sec.gov. Complete the following for the paper:

(1) Description of Company: Primary type of business, Domestic/Foreign, History of company, Fiscal year end Stock exchange and symbol for trading. Name of the chairman and any information on the Board of Directors Discussion of Disclosures.

(2)Pertinent information from Management’s Discussion and Analysis:

Description of ongoing litigation, Risk analysis, Analysis of Balance Sheet, Review balance sheet for large or unusual items and classifications, Analysis of Income Statement, Review income statement for large or unusual items and classifications, Analysis of Cash Flow Statement

(3) Discuss any major cash inflows or outflows

Is there a cash inflow from operations? Review of Income Taxes.

(4) Discuss any deferred tax asset/liability and income tax expense.

5) Conclusion: Is the company profitable? What determines profitability?

Would you invest in the company or lend them money?

Which components of the annual report were most relevant in your analysis?