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Summary Pfizer Form 10 K Analysis Final Draft .docx Pfizer Form 10-K Analysis Accounting for Managers: ACC 208 Introduction Pfizer is one of the largest research-based multinational biopharmaceutical companies in the world. The company manufactures medi
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Pfizer Form 10 K Analysis Final Draft .docx Pfizer Form 10-K Analysis Accounting for Managers: ACC 208 Introduction Pfizer is one of the largest research-based multinational biopharmaceutical companies in the world. The company manufactures medications, vaccines, healthcare products,and t...
pfizer form 10 k analysis final draft docx pfizer form 10 k analysis accounting for managers acc 208 introduction pfizer is one of the largest research based multinational biopharmaceutical
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Pfizer Form 10-K Analysis
Accounting for Managers: ACC 208
, 2
Introduction
Pfizer is one of the largest research-based multinational biopharmaceutical companies in
the world. The company manufactures medications, vaccines, healthcare products,and
treatments for various conditions and operates in three business sectors healthcare, animal health,
and consumer healthcare. They are responsible for many well-knownproducts, but their highest
revenue comes from their prescription medications. Pfizer's pharmaceuticals are marketed in
over 150 countries and include"Viagra, a treatment for erectile dysfunction, Zoloft, an
antidepressant, and Lipitor, a cholesterol-lowering pharmaceutical that is the bestselling drug in
the world"(Pfizer Inc. n.d., para. 2). Currently, Pfizer is most recognized for its research and
manufacturing of the COVID-19 vaccine. Pfizer has a strong financial history. In 2019 they
ranked number sixty-one on the Fortune 500 list, generating fifty-three billion in revenue
(Keown, 2019, para. 4). The strong financial standing of the company is supported by its
balance sheet and notes found in the Form 10-K. Using the analysis of Pfizer's Form 10-K, an
investor can effectively evaluate the company's strengths and weaknesses and describe a strategy
for future investment.
10-K Form Analysis
Analyzing and monitoring financial disclosure documents is vital for any company. One
way to examine a company's financial standing is the Form 10-K,"an annual business disclosure
report all publicly traded companies are legally required to file with the Securities and Exchange
Commission (SEC) and make available to investors"(Kennon, 2020, para.1). The Form 10-K
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