Step 1: Select the About EDGAR tab in the left columnRead about the purpose of the EDGAR database andView the quick tutorialWrite a brief paragraph onwhat the EDGAR database purpose iswhat EDGAR stands for (EDGAR is an acronym).Step 3: Select the EDGAR SEARCH TOOL tab (see above) and select a publicly-traded company of your choice.1. Select the most recent 10K and review the annual report. This report will be many, many pages so just scan the report to get a feel of the level of information in an annual report.2. Based upon your review, answer the following questions:What is the name of your company?What is the CIK for your company?What is the purpose of the CIK?What is the SIC for your company?What is the purpose of the SIC?Using EDGAR, list 6 competitors of your company. (hint: use one of the codes in the EDGAR search bar). Show a Screenshot the list of the 6 competitors listed by EDGAR.Who were the outside auditors of the current annual report? What type of audit opinion did they receive? Screen shot the audit opinion signed by the outside auditors. What are the types of audit opinions they could have received?What is the current year's current ratio? Screen shot the location of the 10K where you found this information.What Inventory valuation method did they use? Where did you find this information? What GAAP did they use to assist you in finding this information?What information is found in the following forms on EDGAR? 8K10Q10K

Overview: For Milestone One, which is due in Module Three, you will develop a portion of the workbook, notes to the financial statements, and a brief memo to management explaining the impacts to stockholder equity and the impact of tax structures. You will build on this milestone in subsequent modules to create the workbook and executive summary portions of your final project.