Contrast iasb basis for accounting and fasb accounting

Assignment Help Finance Basics
Reference no: EM131163322

Financial Statement Interpretation

Select three publicly traded companies. Choose one each from the following sectors: manufacturing, service, and retail. At least one of the three companies should be foreign. If possible, choose from among the team members' places of business or similar industries.

Calculate the following:

•Current ratio
•Quick ratio
•Net profit margin
•Asset utilization
•Financial leverage

Analyze the Return on Equity (ROE) for the last 2 years using the DuPont method.

Develop a 2,100-word comparison of your three companies in which you include the following:

•Discuss the differences in the industries
•Discuss the different measurement conventions and how this affects presentations.
•Contrast IASB basis for accounting (IFRS) and FASB/GAAP accounting.
•Compare the three companies and their strategies for managing their working capital.
•Discuss the financial ratios and analyses and what they indicate about the companies and their financial forecast.

Incorporate the calculated ratios and analysis into the paper.

Include the financial statements for the 3 companies as an appendix to the paper.

Cite at least 3 scholarly sources.

Format the paper consistent with APA guidelines.

Reference no: EM131163322

Questions Cloud

Analyze impact of culture on interpersonal communications : Differentiate appropriate levels of self-disclosure and emotional intelligence in various relationships. Describe strategies for using communication techniques to resolve interpersonal conflicts. Analyze the impact of gender and culture on interperso..
Formulate the corresponding quadratic functional : formulate the corresponding quadratic functional. Compare the quadratic functional with the total potential energy functional for this problem. Need they be the same?
Create a swot analysis on a potential training program : In addition, you will CREATE a SWOT analysis(Strengths, Weaknesses, Opportunities, Threats) on a potential training program and discuss the internal and external conditions that can affect learner outcomes and capabilities
Long-run competitive equilibrium : Suppose all the firms , in a competitive market , have the following cost-function C(Q)=Q^2+B, where B is some constant. a. What is the long-run competitive equilibrium price,P*?( P* will be a function of B)
Contrast iasb basis for accounting and fasb accounting : Contrast IASB basis for accounting (IFRS) and FASB/GAAP accounting. Compare the three companies and their strategies for managing their working capital.
Given a firm has the production function : Given a firm has the production function: F (K,L) =KL with w=1 and r=4 a. Derive conditional factor demands K* and L*. b. Derive the cost function C(Q).
What is the movement of pin d in the horizontal direction : What is the movement of pin D in the horizontal direction in the truss shown in Fig. 3.27? The members are identical in cross-section having the same modulus of elasticity.
Analyze effects teams decisions had on sncs working capital : Analyze the effects the team's decisions had on SNC's working capital. Select one plan from the team's results to propose as the best option for SNC. Defend this option to the board including all supporting documentation.
Define market power : (Business Behavior and Public Policy) Define market power, and then discuss the rationale for government regulation of firms with market power.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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