Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The takeover battle for Gerber Products Co. included bids by a number of U.S. companies, including Quaker Oats (now part of PepsiCo), which entered a bid of $35 per share. Swiss drug giant Sandoz Ltd. won the battle quickly, however, by raising the ante to $53 per share. Some investment bankers claimed that the favorable accounting treatment for acquisitions practiced in Switzerland gave Sandoz the advantage it needed to outbid Quaker Oats.
Accounting differences also seem to discourage certain large foreign companies from raising capital on the U.S. stock exchanges. For example, Nestle, a Swiss food giant, says it is not willing to redo its financial statements to conform to U.S. GAAP (a requirement of the U.S. stock exchanges). Some offer that the main reason is that its earnings would look much lower.
Accounting differences across countries have elicited complaints from U.S. businesses that certain foreign countries allow liberal accounting methods that provide unfair trade advantages for their local companies and capital markets.
Is it ethical for the government or stand-setting body in a particular country to set accounting standards that are designed to provide international economic advantages enjoyed solely by the companies and capital markets in that country?
What is the implied interest rate on a Treasury bond ($100,000) futures contract that settled at 100'16? If interest rates increased by 1%, what would be the contracts new value? Answer according to book is Rd= 5.96% but I dont know how they arriv..
Discuss the advantage and disadvantages of financial statement analysis. How can it help a manager make decisions and how might it mislead you? (Response should be a minimum of 400 words).
a real estate investment has the following expected cash flowsyear cash flows1 100002 250003 -15500the discount rate is
A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of 400 options. The options are worth $11, $14, and $18. What is the maximum net gain (after the cost of the options is taken into accoun..
What amount of child and dependent care tax credit can they claim on their Form 1040? How would it differ if the couple had an AGI of $36,00 earned entirely by John.
This question is from Finance and it explains a scenario where an investment advisor misleads his clients in investing in a company's shares whose prices have been falling.
Analysts expect Penn Trucking's dividends to grow by 6% per year for the foreseeable future. Using the capital asset pricing model, what is Penn Trucking's cost of retained earnings?
What financial reports are included in the annual report? What are the major types of information contained in each of these reports? What is a Form 10-K? What information can be found in a Form 10-K document that could not be found in an annua..
the companys cost of borrowing is 9 and its weighted costof capital is 14. calculate the modified internal rate of
A project has the following cash flows. Knowing that the required rate of return is 15%, should you accept or reject the project?
sharon smith will receive 1 million in 50 years. the discount rate is 10. as an alternative she can receive 5000
Prepare an income statement and an owner's equity statements for the 3 months ending in the August 31.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd