ACC561 week 2 Team Assignment
xoonWrite a 1050-word paper discussing how differences in the industries and different measurement conventions (IASB and FASB) affect presentations. If one of the companies uses the cash basis of accounting, how would that differ from the accrual basis?
If you are satisfied accept it and leave positive. As there is problem in link while uploading file, I will upload file properly when it will work, meanwhile i am pasitng here the ratios and the report.
Ratios:
NIKE Intel Adamjee Insurance
2007 2007 2007
Nature of business Distributor Manufacturer Service
Product footwears Electronics Insurance
Country USA USA Pakistan
Required Ratios
Current raio 3.13:1 2.79:1 1.62:1
quick ratio 2.07:1 2.41:1 NA
dupont ratio 13.70% 12.50% 13%
Gross profit margin 44% 52% NA
net profit margin 9% 18% 45%
Assets Turnover 153% 69% 29%
Inventoy Turnove 4.32 times 5.47 times NA
Account receivable turnover 6.54 times 14.73times 1.6 times
Financial leverage 0% 0% 0%
Report:
- 10 years ago
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- week_2_team.doc