Determine where the company foreign operation

Assignment Help Accounting Basics
Reference no: EM13135994

Many companies make annual reports available on their corporate Internet home page. Anuual reports also can be accessed through the SEC'S Edgar system at www.sec.gov (under fling type search for 10-K).

Acccess the most recent annual report for a U.S.-based multinational company which you are familiar.

A. Identify the location(s) in the annual report that provided the disclosures related to the translation of foreign currency financial statements and foreign currency hedging.

B. Determine where the company's foreign operation have a predominant functional currency.

C. Determine the amount of re measurement gain or loss, if any, reported in net income in each of the three most recent years.

d. Determine the amount of translation adjustment, if any, reported in other comprehensive income in each of the three most recent years. Explain the sign (positive or negative) of the translation adjustment in each of three most recent years.

E. Determine where the company hedges net investment in foreign operations. If so, determine the type (s) of hedging instrument used.

Reference no: EM13135994

Questions Cloud

Show the relevant accounts including final accounts : maintain a provision for discount@3% on debtors, maintain a provision for bad debts@15% on debtors,required pass the necessary journal entries and show the relevant accounts including final accounts?
American politics during eve of civil war : What was the political landscape of America on the eve of the Civil War? Many scholars point out that the Civil War was in many ways the product of the breakdown in the American political system that had effectively contained the divisive issue of..
How much gas remains in the cylinder : compressed gas cylinder contains 1.00 x 10^3 g of argon gas. The pressure inside the cylinder is 2050 psi at a temperature of 18 C.
Constitutional limitation of government power : Overview of the constitutional limitation of government power. Compare power national and state governments describe various types of gov grants.
Determine where the company foreign operation : Many companies make annual reports available on their corporate Internet home page. Anuual reports also can be accessed through the SEC'S Edgar system at www.sec.gov (under fling type search for 10-K).
Compare the p-value to the level of significance : Please state the null and alternative hypothesis in symbols and in words. Compare the P-value to the Level of Significance. Do you accept or reject Ho.
President leadership style in office : What is the relationship between a president's leadership style in office and his (or her?) campaign style? Explain your answer. Select a Political Action Committee (PAC). How is it funded? What political candidates does it support? Evaluate whether..
What is the principal quantum no of lower-energy state : One of the emission spectral lines for Be3+ has a wavelength of 253.4 nm for an electronic transmission that begins in the state with n = 5.
How many of corks would expect to be undersized : If he were to randomly select 120 corks from the next box, then how many of these corks would John expect to be undersized?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Money invested without withdrawing

Jenny Carson invested $12,000 at 8% annual interest and left the money invested without withdrawing any of the interest for 15 years. At the end of the 15 years, Jenny decided to withdraw the accumulated amount of money.

  Use apa style on margins, fonts

Write a memo identifying the legal ISSUE(s), conclusion, list of relevant authorities, discussion of the law, and the application of the law. Use the headings on page 149 of the text.

  What is the maximum amount of these expenditures

What Is the maximum amount of these expenditures that Egret can deduct in 2011?

  What was the stockholders equity

On January 1, 2010, NWK, Inc.'s assets were $300,000 and its stockholders' equity was $140,000. During the year, assets increased $15,000 and liabilities decreased $10,000. What was the stockholders' equity on December 31, 2010?

  Financial accounting and managerial accounting

Which of the following is not a difference between financial accounting and managerial accounting?

  How advanced accounting has affected

How "Advanced Accounting" has affected you in your professional development as a professional and as a person as well as encouraging you on your academic path.

  Budgeted variable factory overhead rate

Davie Corporation is preparing its Manufacturing Overhead Budget for the fourth quarter of the year. The budgeted variable factory overhead rate is $6.00 per direct labor-hour; the budgeted fixed factory overhead is $92,000 per month, of which $16..

  Accounting cycle-sample financial statements

Collect the 4 main financial statements from credible sources (newspaper, peer-reviewed journals, investor relations, web sites or annual reports. Create a flow chart that illustrates the steps in the accounting cycle.

  Prepare dold''s journal entries for the initial transaction

Prepare Dold's journal entries for the initial transaction, recognition of interest each year, and the collection of $35,843 at maturity. (Round answers to 0 decimal places, e.g. $6,538. Credit account titles are automatically indented when the am..

  Practical capacity and master-budget capacity

"The difference between practical capacity and master-budget capacity utilization is the best measure of management's ability to balance the costs of having too much capacity and having too little capacity." Do you agree with this statement? Why o..

  Prepare the necessary journal entry to closed

Prepare the necessary journal entry to closed the overhead account if the balance is considered immaterial.

  Taxable income of 2013

Andrea, who is 28 and single, has adjusted gross income of $50,000 and itemized deductions of $5,500. In 2013, Andrea will have a taxable income of:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd