网站大量收购独家精品文档,联系QQ:2885784924

财务报表分析整理内容.doc

  1. 1、本文档共18页,可阅读全部内容。
  2. 2、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
  3. 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载
  4. 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
查看更多
财务报表分析整理内容

Chapter1 75.?Problem One: Information contained in Financial Statements List ten different items you would expect to find in an average annual report to shareholders.? Problem One: Information contained in Financial Statements ? Exercise 1-3 (25 minutes) a. Current ratio: 2006: = 1.9 to 1 2005: = 2.5 to 1 2004: = 2.9 to 1 b. Acid-test ratio: 2006: = 0.9 to 1 2005: = 1.3 to 1 2004: = 1.7 to 1 Analysis and Interpretation: Mixons short-term liquidity position has weakened over this two-year period. Both the current and acid-test ratios show declining trends. Although we do not have information about the nature of the companys business, the acid-test ratio shift from ‘1.7 to 1’ down to ‘0.9 to 1’ and the current ratio shift from ‘2.9 to 1’ down to ‘1.9 to 1’ indicate a potential liquidity problem. Still, we must recognize that industry standards may show that the 2004 ratios were too high (instead of 2006 ratios as too low). Chapter2 70.?Problem Two: Earnings Management Earnings management can be defined as the purposeful intervention by management in the earnings process, usually to satisfy selfish objectives (Schipper, 1989). Earnings management techniques can be separated into those that are cosmetic (without cash flow consequences) and those that are real (with cash flow consequences). The management of a company wishes to increase earnings this period. List three cosmetic and three real techniques that can be used to achieve this objective and explain why they will achieve the objective.? Problem Two: Earnings Management Cosmetic (non-cash flow) techniques would be: ● Decrease estimated bad debt expense ● Decrease estimated warrantee expense ● Increase in estimated salvage value of depreciable assets ● Increase discount rate on pension plans ● Increase expected rate of return on pension assets ● Change from accelerated depreciation to straight line de

文档评论(0)

shuwkb + 关注
实名认证
内容提供者

该用户很懒,什么也没介绍

1亿VIP精品文档

相关文档