Do Any 5 points from Toyota's report and do your observation on each of 5 points. 16:42 o à OD A 7l 64%The project is for TOYOTA companyPrepare a two or three page researchpaper on 5 company accounting principles as described below and sendby email to the instructor. I am looking for your assessment of thecompany's use of the accounting principles. Did you finding somethinginteresting in this research?Go to the Company web site for investors tofinancial information to Annual Report or 10-K. Looking for Note 1 or 2 ofSignificant Accounting Policies or Practices Select 5 AccountingPrinciples to discuss; quote company's statement and give yourassessment in a short paragraph.1. Fair Value Principle MeasurementsGlobal or Historical Cost Principle- USA2. Intangibles- Goodwill3. Revenue Recognition - Long Term contracts: at sale or during progressof contract with progress billing4. Financial Services Revenue5. Insurance Revenue6. Research and Development7. Inventories - FIFO or LIFO or Weighted Average or SpecificIdentification or Lower-of-Cost-or Net Realizable Value: Tracks inventoryunder perpetual or Periodic basis8. Property Plant & Equipment – Straight Line, 150% declining or sum ofunits• Write off with depreciation or amortization or depletion9. Warranties - on products10. Operating or Capital Leases11. Recently Adopted Accounting Guidance or Changes - examples12. Discusses General Accepted Accounting PrinciplesLastly, what is theprice of 100 shares of the company? Using only your research ofaccounting principles and you had the investment capital to cover theshares price, would you invest or not and WHY.

The 5 Whys technique is true to this tradition, and it is most effective when the answers come from…

Answered: ints from Toyota's report and d

Business

Accounting

ints from Toyota's report and d

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter3: Taxes On The Financial Statements

Section: Chapter Questions

Problem 6RP

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