350 words per question.
Use the 2016 Form 10-K for Snap-on Inc. to complete the requirements below. To obtain the Form 10-K, you can search EDGAR system at sec.org (follow the instructions in our text, Appendix A), or search “Corporate Information” on the company’s corporate website at www.snapon.com (Links to an external site.). Read carefully the following portions of the document:
Notes to Financial Statements:
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Note 1 -> Summary of Accounting Policies
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“Shipping and handling”
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“Advertising and promotion”
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“Note 4: Inventories”