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This document is the annual report for Otis Worldwide Corporation for the fiscal year ended December 31, 2020, detailing the company\'s performance, including its net sales, net income, business segments, and significant events such as the separation from United Technologies Corporation. It also includes sections on risk factors, management\'s discussion and analysis, financial statements, and corporate governance.

How to fill out form 10-k

How to fill out form 10-k

1. Begin by gathering financial statements including the balance sheet, income statement, and cash flow statement.
2. Prepare the business overview section, detailing the company's operations, strategy, and market position.
3. Compile management's discussion and analysis (MD&A) to provide insights into financial results and future outlook.
4. Complete the risk factors section by identifying potential risks that could impact the business.
5. Fill out the financial summary, including key metrics and ratios.
6. Complete the notes to the financial statements, offering clarifications and additional context to the numbers.
7. Ensure compliance with rules set by the SEC regarding the organization of the document.
8. Review the entire document for accuracy and completeness before submission.

Who needs form 10-k?

1. Publicly traded companies are required to submit Form 10-K to comply with SEC regulations.
2. Investors seeking detailed information about a company's financial health and operations.
3. Analysts and market researchers who require comprehensive annual data for assessment.
4. Regulatory agencies and auditors for compliance and assessment purposes.

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What is form 10-k?

Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive overview of a company's financial performance.

Who is required to file form 10-k?

Public companies in the United States that are registered with the SEC are required to file Form 10-K.

How to fill out form 10-k?

To fill out Form 10-K, companies must provide detailed information including financial statements, management discussion, risk factors, and business overview, often following the guidelines set forth by the SEC.

What is the purpose of form 10-k?

The purpose of Form 10-K is to provide investors and the public with a detailed account of a company's financial condition and business operations, promoting transparency.

What information must be reported on form 10-k?

Form 10-K must report financial statements, management discussion and analysis, executive compensation, and information about the company's operations and risks.