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This document is a quarterly report detailing the financial condition and results of operations for DriveTime Automotive Group, Inc. for the period ended March 31, 2011.
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How to fill out form 10-q
How to fill out FORM 10-Q
01
Begin by downloading the FORM 10-Q template from the SEC website.
02
Enter the company name and SEC file number at the top of the form.
03
Fill in the reporting period, including the end date of the fiscal quarter.
04
Provide a comparison of financial results with the previous quarter and the same quarter from the previous year.
05
Include a discussion of operations, any significant changes, and forward-looking statements.
06
Attach financial statements, including balance sheet, income statement, and cash flow statement.
07
Ensure that all disclosures and notes required under generally accepted accounting principles (GAAP) are included.
08
Review the filing for accuracy and completeness before submission.
09
Submit the FORM 10-Q through the SEC's EDGAR system.
Who needs FORM 10-Q?
01
Publicly traded companies in the U.S. are required to file FORM 10-Q with the SEC.
02
Investors who want to analyze a company's financial performance and operational status.
03
Financial analysts and researchers looking for quarterly data on public companies.
04
Regulatory agencies that monitor the compliance of public companies.
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People Also Ask about
What triggers the filing of Form 10?
The SEC requires a company to file SEC Form 10 when it has more than $10 million in total assets and more than 500 shareholders. A company with fewer shareholders or assets may voluntarily make this SEC filing, but it is not required.
What is the difference between a 10-K and a 10-Q?
While 10K reports are due annually and must include audited financial statements, 10Q reports are due quarterly, three times a year, and include unaudited financial statements. 10Q filings provide shareholders and the public an on-going update on a company's performance over the year.
What is the difference between a Form 10-K and a Form 10-Q?
While 10K reports are due annually and must include audited financial statements, 10Q reports are due quarterly, three times a year, and include unaudited financial statements. 10Q filings provide shareholders and the public an on-going update on a company's performance over the year.
Is Form 10-Q audited?
Form 10-Q is similar to Form 10-K but less detailed. Additionally, the financial statements in a 10-Q are near the beginning of the filing, unlike the 10-K. The financial statements in a Form 10-Q are considered unaudited, unlike in the 10-K, where a full audit is performed.
Which of the following entities requires the filing of the Form 10-Q?
Yes, all U. S. public companies issuing common shares of stock that trade on exchanges are required to file Form 10-Q.
What is Form 10-Q used for?
The 10-Q provides a window into the financial health of a company. Investors can use the form to get a sense of its quarterly earnings and other elements of its operations and to compare them to previous quarters. Thus, it is a dependable performance-tracking tool.
Who signs 10-Q?
At least one complete copy of the report filed with the Commission and one such copy filed with each exchange must be manually signed on the registrant's behalf by a duly authorized officer of the registrant and by the principal financial or chief accounting officer of the registrant.
Who has to file 10-Q?
Any publicly traded company must file the Form 10-Q, along with the Form 10-K and other required filings. The SEC gives two timeframes for filing: Large accelerated and accelerated filers with a float exceeding $700 million need to submit Form 10-Q within forty days of the quarter's end.
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What is FORM 10-Q?
FORM 10-Q is a quarterly report that publicly traded companies in the United States are required to file with the Securities and Exchange Commission (SEC). It provides a comprehensive overview of the company's financial performance and operations for the quarter.
Who is required to file FORM 10-Q?
All publicly traded companies in the United States that are registered under the Securities Exchange Act of 1934 are required to file FORM 10-Q with the SEC.
How to fill out FORM 10-Q?
To fill out FORM 10-Q, companies must follow the SEC's instructions provided in the form and ensure all sections are completed accurately. This includes financial statements, notes to the financial statements, management's discussion and analysis, and disclosures about market risk.
What is the purpose of FORM 10-Q?
The purpose of FORM 10-Q is to provide investors with timely updates on a company's financial status and operations, helping them to make informed investment decisions.
What information must be reported on FORM 10-Q?
FORM 10-Q must include unaudited financial statements, management's discussion and analysis of financial condition, disclosures about market risk, and any other significant information that may affect the company's financial position.
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