Describe the impact any foreign currency adjustments

Assignment Help Financial Management

Reference no: EM132021965

Context is very important to understand your responses to these questions. That means when you provide me with numbers explaining a question, without comparing that number to total assets, total equity or net income gives me no idea about the importance of the numbers you provide.

(The company is Walmart)

1. Summarize Walmart's accounting for their foreign currency translation adjustments. Identify and describe the impact any foreign currency adjustments. Can you identify the method used to translate the foreign currency to US$$?

2. Find an interim financial statement and disclosures and summarize and similarities and differences you find when comparing the interim financial statements to the annual consolidated year-end financial statements. For instance, was there evidence of earnings management each quarter or other manipulations during the year?

Reference no: EM132021965

Questions Cloud

Gains or losses caused by translation adjustments : Gains or losses caused by translation adjustments when using the current rate method are reported separately on the:

The dividend growth model to calculate the cost of equity : Assuming you use the dividend growth model to calculate the cost of equity, when determining a firm's weighted average cost of capital (WACC)?

How many days on average does it take firm to sell inventory : The firm has an average inventory of $480,000. How many days on average does it take the firm to sell its inventory?

The stakeholder capitalism model : The Stakeholder Capitalism Model (SCM):

Describe the impact any foreign currency adjustments : Summarize Walmart's accounting for their foreign currency translation adjustments. Identify and describe the impact any foreign currency adjustments.

What will the same gadget cost : A gadget costs $18.62 in the U.S. If absolute purchasing power parity exists, what will the same gadget cost in Canada if the direct quote is 0.98?

Which of the strategies would earn him profit : If Peter was to speculate in the currency futures market, and his expectations are correct, which of the following strategies would earn him a profit?

Dollars in minus dollars out and adjusted accounting profits : Calculate operating cash flow for the year by using all three methods, Dollars in minus dollars out, Adjusted accounting profits.

What is the expected value of next year annual dividend : What is the expected value of next year's annual dividend if the firm expects its earnings per share to be $4.60?

User Account

All Pages