Get Academic Help Instantly!

https://bestqualitywriters.com/business-finance-homework-help-10808/

ACT 520 Colorado State University Global Campus WK2 International Accounting Discussion

 

Below are the calendar year 2019 Annual Reports for Daimler (Mercedes Benz) (MB), prepared under IFRS, and Ford Motor Company (Ford), prepared under the US GAAP:

Daimler 2019 Annual Report (Links to an external site.)

Ford Motor Company 2019 Annual Report (Links to an external site.)

  • Select, prepare, and compare two common types of each of the following ratios for MB and Ford:

Liquidity, Solvency, Profitability, and Management Efficiency Ratios/Measures. You will have a total of eight ratios using the financial statements included in the Annual Reports for each of these two firms. It would be best to prepare two years of ratio results for each company. Include the basis of your calculations in an Excel file with separate labeled tabs (one labeled MB and the other labeled Ford) attached as part of your initial response. Then attach the final ratios you calculated for each company, side-by-side, into your initial posting response.

For each ratio you have chosen and calculated, 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.

United States Securities and Exchange Commission. (2019). Ford Motor Company 2019 Annual Report. https://s22.q4cdn.com/857684434/files/doc_financia…

Solved!:

10% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET10 to claim 10% Discount This Month!!

Why US?

100% Confidentiality
100% Timely Delivery
100% Original Writing

100% Money Back

Cheap Essay Writing

Do my Assignment

Order custom essay

Sample Essays

Custom term paper

Write My Research Paper

Affiliate program

Custom essay

Research paper

Write my essay

Write my paper

Essay writers

Become a Freelance Writer

Contact us

Glossary

Sitemap

Terms and conditions

Privacy policy

Proficient Concepts  is a professional writing service that provides original papers. Our products include academic papers of varying complexity and other personalized services, along with research materials for assistance purposes only. All the materials from our website should be used with proper references.