Reference no: EM131443017
Accounting Paper Assignment
In order to complete this assignment, use the Internet to research and review financial statements for Exxon and Chevron for the years 2012 and 2013.
Write a five to six page paper in which you:
1. Compare and contrast the limitations and usefulness of the single-step income statement and the multi-step income statement.
2. Analyze the gross profit, operating profits, and net income of both Exxon and Chevron for 2012 and 2013. Of the two companies, speculate on the main reasons why one company may have been more profitable than the other company.
3. Compute each company's price-earnings (P / E) ratio and price-to-sales ratio (PSR). Identify primary estimates or assumptions that could result in overstated earnings, and use the ratio data to compare the quality of each company's earnings.
4. Review notes to both Exxon's and Chevron's financial statements. Next, identify at least two notes pertaining to the income statement, and explain the main way in which the notes in question could influence your decision to invest in each of the companies. Provide a rationale to justify your decision.
5. Use at least three quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
|
Plot both rene''s total and marginal utility curves on graphs
: Plot both Rene's total and marginal utility curves on graphs.
|
|
Revlon products for the man in your life
: Would you entertain purchasing these Revlon products for the man in your life? Why or why not?
|
|
How much superannuation would the employer need to pay
: BSBFIA302A - Assignment - If your weekly earnings were: $950.00 base salary, $95.00 (1.5 x) overtime and $220.00 (2 x) overtime how much superannuation would the employer need to pay?
|
|
Characteristics of the baby boomer segment
: Be sure to justify the Product creation in relation to the characteristics of the Baby Boomer segment. Note, Baby Boomers are not Seniors! Your Assignment should be approximately 3 typed pages.
|
|
Compute each companys price-earnings ratio
: Compute each company's price-earnings (P / E) ratio and price-to-sales ratio (PSR). Identify primary estimates or assumptions that could result in overstated earnings, and use the ratio data to compare the quality of each company's earnings.
|
|
What is marginal utility
: Suppose you were studying late one night and you were craving a Papa John's pizza. How much marginal utility would you receive? How much marginal utility would you receive from a pizza that was delivered immediately after you finished a five-cours..
|
|
Extensive investigation of the etruscans
: The Mysterious Etruscans website provides an extensive investigation of the Etruscans and their contributions to Western culture. Among the topics examined are Etruscan art, history, religion, cities, lifestyles, and tombs. Follow the "Etruscan Ar..
|
|
What role does accounting play
: What is unethical about this situation? Who can be harmed? How can they be harmed? What role does accounting play?
|
|
Path of revolution the conclusions were different
: Why do you think that though Russia and France the two nations went through the same path of Revolution the conclusions were different?
|