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For this 6-8 page Final Project you will create 1) the Financial Highlights 2) the Presidents Letter to the Stockholders 3) the Management Discussion and Analysis reports that would be contained in a company's annual report to the shareholders. The Final Project will be based on the Rainbow Paint Company Financial Statements and the ratios that you compute as practice. Companies normally issue these reports to the stockholders and other interested parties. These reports summarize the company's operating activities for the past year and plans for the future. There are many variations in the order and form for presenting the major sections of the annual report. You should conduct independent research to find a variety of corporate annual reports to use as guides in the preparation of your Unit 9 Project. In the Final Project, you will use information gained from the weekly Assignments, the "Paint Company" Review/Practice data, along with information obtained through research. These reports will be completed in Microsoft Word; References will be required - therefore, it is important that you use a proper title page and correct reference list formatting. You will see that they can be very long and very complex. However, your Assignment should focus on the three aspects required for the Final Project.
What should be the gain on sale of this investment in Rich's 2011 income statement?
States and municipalities, New York City being the first, sold bonds backed by the future payments of the tobacco companies. What are these bonds called?
How does the auditor's responsibility for detecting errors differ from their responsibility to detect fraud?
Which of the following statements is correct regarding the taxation of C corporation?
What limits are placed on the selection of a tax year of an S corporation? How do these limits differ from those applicable to C corporations and partnerships?
Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $5,000.
Comment on the appropriateness of this viewpoint. Prepare a report outlining the need for regulation in accounting and why a free market for accounting information is not ideal.
for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the
Lyle performed legal and accounting work during the incorporation process in return for six shares of stock. Determine the tax consequences of the transfer to all parties
Karr Company purchased bonds with a face amount of $400,000 between interest payment dates. Karr purchased the bonds at 102, paid brokerage costs of $6,000, and paid accrued interest for three months of $10,000.
Discuss and identify how the four basic financial statements are important, and how they are interrelated with each other, and why they are useful to managers, investors, creditors, and employees.It has to be 700-1050 words.
Ikerd was entering the United States from a trip abroad when the Customs Service confiscated some goods she had purchased and brought back with her. The determination of whether the government is attempting to take property and what type of hearin..
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