21. When reading the company’s 10K, is there anything surprising that you
would like to share with the professor and your classmates? It could be a
particular business activity (e.g., company trading bitcoin) or a particular
accounting/financial reporting matter (e.g., recognition or impairment of
goodwill; a large amount of cash flow activity; super high or low tax rate,
etc.). Indicate the name of any team members who did not contribute to the
assignment.
Write a short-paragraph and post your answer (to Q21 only) in the WileyPLUS
link where you submit the group assignment.
One thing that surprised me while reading the company’s 10K is how large and constant the
company’s negative retained earnings balance is, even though it is consistently profitable. In
2025, American Tower Corporation reported a positive net income even though the retained
earnings became even more negative. The main reason is that the company pays out significant
dividends. This shows that retained earnings don’t always reflect how well a company is actually
performing.
All my team members contributed to the assignment!
