Question

1. From the most recent SEC 10K report from southwest airlines. What type of information did you find in the report? What information in the report will be of most value to analysts and stockholders?

2. Should a financial analyst approach their work with a degree of skepticism, why or why not? What will be the main areas of skepticism as you review the SEC 10K report from southwest airlines?

Answer 1

the 10K report of Southwest airlines shows the details about the company's business, its risk factors, legal proceedings, financials, control methods it follows, executive compensation, Management discussion and analysis and notes to the financial statement. For a shareholder, the past financial information, risk factors, and management discussion and analysis are important items. On the basis of these items, they can analyze whether they should invest in southwest airlines or not.