International Accounting
International Accounting
5th Edition
ISBN: 9781259747984
Author: Doupnik, Timothy S., Finn, Mark T., Gotti, Giorgio
Publisher: Mcgraw-hill Education,
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Chapter 1, Problem 5EP
To determine

Determine the larger multinational corporation from the two corporations by calculating an index of multi-nationality based upon the geographical distribution of sales revenue and non-current assets.

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33. Subject :- Accounting
Yuehua Telecom Inc. and Guangxin Technology Ltd. are two competing ICT corporations based in Shenzhen Special Economic Zone, China. Both companies’ stocks are traded at Shenzhen Stock Exchange. The comparative financial statements of Yuehua and Guangxin for the last four years (2016 – 2019) are shown in the Attachments 1 and 2:   Instructions:   1. (A) Calculate the following ratios for each corporation for 2017, 2018, and 2019.    Current ratio Sales to total assets ratio Return on total assets ratio Return on shareholders’ equity ratio Gross profit ratio Net profit ratio Debt to equity ratio Earnings per share Price/earnings ratio   (B) Evaluate each company’s trends for sales, gross profit, and net income as disclosed on the comparative income statement.    2. What is your evaluation of the following?   The liquidity of each corporation. Profitability. The financial structure of each corporation. The stock market’s perceptions of these companies.   3. Which corporation do you…
Siemens AG, a German company, is Europe’s largest engineering and electronics company. The company prepares its financial statements according to IFRS. Required: 1. Use the Internet to locate the most recent financial report for Siemens. The address is www.siemens.com. Locate the significant accounting policies disclosure note. 2. How does the company account for research and development expenditures? Does this policy differ from U.S. GAAP?
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