Discuss with your colleagues the cost flow assumptions presented in these statements. Why did the company choose these assumptions? What types of inventories did they report? Locate the annual financial report you selected in Week 1. Look at the balance sheet and...
Contrast the differences between a stock dividend and a stock split.Imagine that you are a stockholder in a company. Determine whether you would prefer to see the company that you researched declare a 100% stock dividend or declare a two-for-one split. Provide support...
Describe pro forma income and the importance of pro forma income in the evaluation of the income statement. Choose at least two items that are excluded from pro forma income. Suggest to management why including the items would be misleading to investors...
Prepare a memorandum to the tax manager outlining the information you found in your research.Format the memo to include:Restatement of Facts (paraphrase)Identify at least three main issues based on these factsProvide a conclusion for each issueInclude the analysis...
Consider what you learned in the experience and respond to the following in a minimum of 175 words:What are your feelings on a traditional salary structure (many levels) vs. simplified pay bands?Have your thoughts on salary structure changed after this exercise?What...