Assignment 4-2: Week 4 Analysis Write-Up Kylie Keener ACCT715-Q1WW Financial Accounting Theory Michael Miller 13 June 2012 1. Chapter 4: Problem 8 (GM) The article “GM to Take Charge of $20.8-Billion” here reproduced from The Globe and Mail (February 2‚ 1993) describes the potential impact of SFAS 106‚ “Accounting for Postretirement Benefits Other Than Pensions‚” on General Motors and Ford. For example‚ it appears that General Motors will be required to record a liability of $20.8 billion
Premium Generally Accepted Accounting Principles Revenue Income
The company I decided to research was the homebuilding company Hovnanian Enterprises. I chose to analyze this company and their financial information because I recently own shares within the company. This past summer my grandmother decided to buy stock for me as a college gift. She felt investing and starting early is important since she has been for 60 years. Up until this paper‚ I had no knowledge about the only company I own stock in. I decided this was the perfect opportunity to learn more about
Premium Balance sheet Asset Generally Accepted Accounting Principles
Financial Accounting Assignment Analysis of Financials of Sun Pharmaceuticals Industries Limited Introduction Sun Pharmaceuticals Industries Limited (Sun) is a leading Indian global pharmaceutical company engaged in developing‚ manufacturing and marketing formulations and APIs. Its business is broadly categorized in four segments – India Branded Generics (41% of revenue)‚ US Formulations (39%)‚ International Generics (11%) and active pharmaceutical ingredients (APIs) (9%). The company offers
Premium Pharmaceutical industry Financial ratios Financial ratio
1. How does Ben’s age affect his decision to get an MBA? This document is the property of Management Development Institute‚ Gurgaon. Ben passed out from college six years ago with a finance undergraduate degree. He is 28 years of age and his goal I to become an investment banker. Ben’s age can affect his decision to get an MBA due to the following reasons: o His age determines the time period wherein he can be productively employed. The time window available to Ben keeps on reducing with age
Premium Time value of money Opportunity cost Rate of return
plan to achieve my goals of attaining an in-depth knowledge of the financial markets and working towards securing a job in investment banking. Post graduation‚ in the short term my focus would be on securing a job as an analyst in a financial services firm‚ preferably an investment bank‚ to gain the knowledge and experience required for me to pursue an MBA. Furthermore‚ while working I would prepare to give the Chartered Financial Analyst (CFA) exams. Fulfilling my short term goals would assist
Premium Economics Finance Investment
Benefit of an MBA The benefit of an MBA is not something that can be easily measured because there are multiple elements that contribute to the cost and return of the MBA experience that cannot be clearly defined. Here I make an attempt at answering the question of whether an MBA is valuable‚ as defined by me. Cost can be defined as the time commitment‚ forgone extracurricular activities‚ and monetary cost of tuition. The benefits of the MBA program can be attributed to professional network‚
Premium Master of Business Administration Value added Communication
The MBA Decision Ben Gates graduated from college six years ago with a finance undergraduate degree. Since Graduation‚ he has been employed in the finance department at East Coast Yachts. Although he is satisfied with his current job‚ his goal I to become an investment banker. He feels that an MBA degree would allow him to achieve this goal. After examining schools‚ he has narrowed his choice to either Wilton University or Mount Perry College. Although internships are encouraged by both schools‚
Premium Net present value Time value of money Debt
Australian School of Business School of Accounting ACCT 1501: Accounting and Financial Management 1A Week 1 Introduction to Financial Accounting & Key Financial Statements Student Handout Lecturer: Dr. Youngdeok Lim School of Accounting UNSW QUAD 3069 youngdeok.lim@unsw.edu.au Blackboard: http://telt.unsw.edu.au. Session 1‚ 2013 WEEK 1: Introduction to Financial Accounting & Key Financial Statements Welcome to Accounting and Financial Management 1A. In this first lecture you will
Premium Finance Economics Business
References: • Dahmash‚ N. (1995). Financial Statements and Accounting Standards Generally Accepted.. Amman-Jordan. • Kieso‚ D. E.‚ Waygandt‚ J. J.‚ & Warfield‚ T. D. (2005). Intermediate Accounting. (11 edition). Wiley Publisher. • ACCPA‚ (2006) Journal of Accountancy‚ (Monthly Journal) September 2006‚ p. 17. • Cheney‚ G. (2006). FASB‚ IASB request views on new reporting concepts. Accounting Today‚ Aug. 21-Sept. 3. • Singleton-Green‚ B. (2006). The gathering
Premium Financial statements Balance sheet Income statement
ECO 527 | The MBA Decision | Case 1 | Group 4 | | | | 1. How does Ben’s age affect his decision to get an MBA? We assume that both MBA program start at the beginning of the year‚ now is the beginning of the year at his age of 28 and he can enroll both program now. The following summary table shows the information he can use to make the decision. Option | Dewey and Louis | Ritter College ‚Wilton Univ (2 year program) | Mount Perry College (1 year program) | Tuition
Premium Net present value Money Time value of money