College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

Exercise 4

Annual reports released by publicly held companies include a letter to the stockholders written by the chief executive officer, chairman of the board, or president.
Analyze Online: Locate the Adobe Systems Incorporated Web site (www.adobe.com). Within Investor Relations in the About Adobe link, find the annual report for the current year. Read the letter to the stockholders within the annual report.
What types of information can a company's management deliver using the letter to stockholders?