Please describe some concerns that you might have for the company. In a response post, now pretend you are the CEO of the multinational company. Please address the concerns raised in another student's initial post, and provide some reasons for the large fluctuations in PPE that would not alarm your auditor and investors.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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suppose you are an auditor of a large multinational company. You notice that there
have been large fluctuations in this company's PPE for the past five years, as follows:
2016: PPE is $150 million
2017: PPE is $320 million
2018: PPE is $175 million
2019: PPE is $100 million
2020: PPE is $250 million
Please describe some concerns that you might have for the company.
In a response post, now pretend you are the CEO of the multinational company. Please
address the concerns raised in another student's initial post, and provide some reasons
for the large fluctuations in PPE that would not alarm your auditor and investors.
Transcribed Image Text:suppose you are an auditor of a large multinational company. You notice that there have been large fluctuations in this company's PPE for the past five years, as follows: 2016: PPE is $150 million 2017: PPE is $320 million 2018: PPE is $175 million 2019: PPE is $100 million 2020: PPE is $250 million Please describe some concerns that you might have for the company. In a response post, now pretend you are the CEO of the multinational company. Please address the concerns raised in another student's initial post, and provide some reasons for the large fluctuations in PPE that would not alarm your auditor and investors.
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