Explain the sign positive or negative of the translation

Assignment Help Financial Accounting

Reference no: EM133378724

Questions: Many companies make annual reports (sometimes on Form 10-K available on their corporate website. Access the annual report indicated for each of the following U.S.-based multinational corporations to complete the requirements:

International Business Machines Corporation, 2017 Annual Report.

Identify the location(s) in the annual report that provides disclosures related to foreign currency translation and foreign currency hedging.
Determine whether the company's foreign operations have a predominant functional currency.
List the amount of translation adjustment, if any, reported in other comprehensive income in each of the three most recent years.
Explain the sign (positive or negative of the translation adjustment in each of the three most recent years.
Determine whether each company hedges net investments in foreign operations. If so, determine the type(s) of hedging instrument used.

Reference no: EM133378724

Questions Cloud

Discuss families are coping with today in opioid crisis : Discuss the issues that families are coping with today in regard to the opioid crisis and drug-related deaths of our young adults today.

What price must pa sell its bonds : Pennsylvania is repairing Interstate 495, the Northeast Extension, the major North/South highway in the state. Pennsylvania has decided to sell state bonds

How much interest would he owe using the previous balance : A credit card charges 18%, compounded daily. Frank has $750 due on the statement date. He is only able to make the minimum payment of $22.50.

Create a balance sheet for november : Create a Balance Sheet for November 30th assuming no other transactions occurred for the month other than those noted above

Explain the sign positive or negative of the translation : Identify the location(s) in the annual report that provides disclosures related to foreign currency translation and foreign currency hedging.

Are there any potential problems with this approach in this : You used SNA as a pure play company to estimate the cost of capital for MT. Are there any potential problems with this approach in this situation?

Is dimension of time relevant to research vincent proposed : Is the dimension of time relevant to the research Vincent proposed? If it is, how is the dimension of time handled.

What is the cash effect of the change in inventory on : What is the cash effect of the change in inventory on operating cash flows in Year 1? What is the cash effect of the change in accounts receivable

Arrangement as a finance lease under u.s. gaap : Which of the following circumstances would require Frost to classify and account for the arrangement as a finance lease under U.S. GAAP

User Account

All Pages