25 Aug Below are the calendar year 2018 Annual Rep
Below are the calendar year 2018 Annual Reports for Mercedes Benz (MB), prepared under IFRS, and Ford Motor Company (General Motors), prepared under the US GAAP.
- Daimler: Annual Report 2018 (Links to an external site.)
- Ford Motor Company: 2018 Annual Report (Links to an external site.)
Pick, prepare, and compare two common types of the following ratios for MB and Ford: in other words, pick 2 Liquidity ratios, 2 Solvency ratios, 2 Profitability ratios, and 2 Management Efficiency Ratios/Measures. Therefore, you will have a total of eight ratios for each Company using the financial statements included in the Annual Reports for each of the last two years.
The following hyperlink should help you with both finding and calculating the above ratios:
Include the basis of your calculations in an Excel file with separate labeled tabs (one labeled MB and the other labeled Ford). Then attach the final ratios you calculated for each company, side-by-side, into your initial posting response here in Canvas so we can see the results.
For each ratio you have chosen, compare and contrast the results between these two firms. Most importantly, comment on how the differences in the basis of preparation of the respective financial statements, including the related accounting rules followed by each company, might impact the comparison of those ratios between these two firms. Hint: you will need to review the Footnotes to the Financial Statements and the Summary of Significant Accounting Policies for both MB and Ford to identify potential differences in the accounting standards used by both companies.
By Thursday of this week, submit substantive initial posts of at least 300 words that answer or address the issues in the discussion board. By Sunday of this week, respond to two or more classmates, or your instructor, in any of the following ways:
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.