ACCT 5131
Collected Homework Assignment #2
Spring 2020
See the Course Schedule in the syllabus for the due date. Put your answer underneath each question. You may either type your answers in a Word file or write them neatly. However, to receive credit, your writing must be readable and your work must be easy to follow.
Retrieve the Form 10-K for Westlake Chemical Corporation for the year ending December 31, 2019. Westlake’s Form 10-K can be accessed through the SEC EDGAR database at http://www.sec.gov/edgar/searchedgar/webusers.htm. The UHCL library subscribes to the SEC EDGAR database.
Hints: You will need to search the financial statement footnotes to find some of the information. Also, the financial statements are in millions, except for per share, number of shares, and par amounts. If a number is in millions, please indicate this by writing out the full number or writing ‘(in millions)’. Furthermore, you will not need the information before page 46 in Westlake’s Form 10-K.
SALES
*all numbers computed in millions*
December 31, 2019- ($8,118M – ($6,858M + $458M)) = 9.8%
$8,118M
December 31, 2018- ($8,635M – ($6,648M + $445M)). =17.8%
$8,635M
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