What are ubers largest operating expenses

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Problem

Understanding How Management's Decisions Affect Financial Statement Quality Background Describing the business of Uber Technologies, Inc. ("UBER") is surprisingly complex. This complexity affects the quality of UBER's financial statements. Review UBER's Form S-1 from 2019. The Form S-1 is the document that contains the financial information used to evaluate the financial performance of a firm offering securities in the public markets. Much of the information found in the Form S-1 is equivalent to the information found in a Form 10-K. For the required items, focus on UBER's ridesharing business in the United States and UBER's income statements. The required items focus upon the financial information presented and the associated notes to the financial information. There is no need to reference the amounts presented in the financial statements or to perform any calculations to provide the required items.

Task

I. Who is UBER's customer? Get the instant assignment help.

II. As shown on the income statement and described in the S-1, what are UBER's largest operating expenses?

III. Discuss the quality of UBER's financial statements by indicating elements of the statements that reduce their quality. How does the quality of UBER's financial statements compare to typical transportation firms' statements?

Reference no: EM133927121

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