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Assume that you have just been appointed the personal assistant to the CEO of a major pharmaceutical company. Knowing that you are successfully pursuing your MBA degree, she has asked you to prepare
What are the imperfections of accrual accounting? Is it possible for accrual accounting to depict economic reality? Explain. What is the prudent approach to analysis using accrual accounting informati
Compute the initial outlay for each of these options. Compute the annual cash flows for each of these options. Compute the terminal value for each of these options.
A finance textbook likens accrual accounting information to "nail soup." Critique the analogy of accrual accounting to "nail soup."
Describe how Emerson"s earnings strategy is applied in good years and bad. Identify years where Emerson likely built hidden reserves and the years it probably drew upon hidden reserves.
Facebook held its initial public offering on the 19th May 2012 with the offering the biggest in internet history. On the day of the offering the market capitalisation was in the vicinity of $90Bn US
Select one of the following funding organizations: Write a 700- to 1,050-word paper describing the organization and the projects it supports.
Reinegar Corporation's has just issued a 25 year par bond with a 10% semi-annual coupon. The company's bankers assure Rienegar management that it can raise $3,000,000 by issuing 25-year Original Iss
Explain which parties likely lobbied for the change from requiring expense recognition to only encouraging the expensing of stock options.
What kind of evidence can be included to support claims in the prospectus (i.e., what can maximize the reliability of the information released)?
What assumptions underlie periodic measurement of income under accrual accounting? Which income approach do you think is more reasonable? Explain.
Consequently, earnings appear lower than normal and this yields price-to-earnings ratios that appear unreasonably high. Assess and critique the positions of both the skeptics and proponents of this
Discuss this observer"s misgivings on the role of the accountant in financial reporting. Discuss what type of omitted information the business observer is referring to.
The Acme Company is exploring many strategic options. Whichever global business strategy the Acme Company eventually chooses, the firm inevitably will require the services of a bank to help manage i
Describe how the accounting profession has responded to these pressures. Could the profession have better responded?
Explain how accounting standard setting is political process. Identify arguments for and against viewing accounting standard setting as political.
Describe what is meant by measurement in accounting. According to this editor, what are the kinds of measurements investors want?
Information cannot be neutral-it cannot therefore be reliable-if it is selected or presented for the purpose of producing some chosen effect on human behavior. Explain why neutrality is such an i
What factors and incentives motivate companies (management) to engage in earnings management?
Determine the nation's gross domestic product (GDP). How would your answer change if the dollar amounts of imports and exports were reversed?
A consulting firm produces a service that requires the use of labor and materials. Each unit of service requires a standard labor time of 30 minutes (0.5 hours). The average pay rate for a labor hou
The pre-tax cost of debt (rB) for the joint partnership is 9% per annum. In order to encourage investment in the country's infrastructure, the U.S. government will subsidize the project with a $10 m
Identify and explain three types of earnings management that can reduce earnings quality.
Explain how earnings management affects earnings quality. How is earnings management distinguished from fraudulent reporting?
Conduct research which addresses the question, "Why do companies go global?" Review the latest APEC Guide to Investment Regimes, which can be found at www.ustr.gov by going to the Trade Agreements tab