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Question - Obtain a copy of the Annual Report of the Company for which you have been assigned. You can do so by using the SEDAR website or search on the web.
At the back of the Annual Report you will find comparative consolidated financial statements together with the accountants notes to the financial statement.
The assignment is that your Company has $1,000,000 to make an investment in the common shares of the Company you have been assigned and you are asked for a recommendation.
1. Background information of the Company
2. Strategic goals of the Company
3. Explain the shareholders' equity section of the consolidated balance sheet.
4. Identify 2 accounting issues you recognize after reading the notes to the financial statements.
5. Go to Yahoo, finance and track the performance of the Company shares for one week. Make a recommendation explaining the pros and cons of your decision.
Robins Inc. changed from the LIFO method of inventory pricing to the FIFO method. Explain how this change in accounting principle should be treated in the company's financial statements.
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Retailer selling price of a printer is $600 and Retailer Markup on selling price = 25%. What was the manufacturer markup on selling price
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