Financial Statement Analysis and Report Writing

Examine the 2011 financial statements of 1 of the following companies:

• http://www.terex.com/
• http://www.caterpillar.com/

Please answer the following questions:

• Identify which company you are examining.
• Where is the information about the foreign currency (FC) transactions?
• What does the company you chose disclose about its FC transactions?
• How do you think these disclosures impact its earnings quality from year to year?
• Do you think that the company you selected is profitable? Please justify your answer.

In your own words, post a substantive response to the Discussion Board question(s) and comment on other postings. Your response should address the DB question(s) and move the conversation forward. You will be graded on the quality of your postings, including mastery of the concept as well as critical thinking. If asked for your opinion, do not simply state that it is a good or bad idea; elaborate on your reasons and argument. Include enough detail to substantiate your thinking as well as your position on the questions or comments.

For assistance with your assignment, please use your text, Web resources, and all course materials.