Identify the location in the annual report

Assignment Help Financial Accounting
Reference no: EM132858997

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. Oracle Corporation, Form 10-K for the Fiscal Year Ended May 31, 2018.

Required:

Problem a. Identify the location(s) in the annual report that provides disclosures related to foreign currency translation and foreign currency hedging.

Problem b. Determine whether the company's foreign operations have a predominant functional currency.

Problem c. 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.

Problem d. Determine whether each company hedges net investments in foreign operations. If so, determine the type(s) of hedging instrument used.

Reference no: EM132858997

Questions Cloud

Prepare the journal entries to record the opening : An appropriate discount rate is 8%. Prepare the journal entries to record the opening of the mine and the asset retirement obligation
Analyze global telecom financial flexibility : Analyze Global Telecom's financial flexibility. Global Telecom Inc. has positive cash flows from operating activities of $84,000, negative cash flows
What will be reported as consolidate net income attributable : What is consolidated net income for 2021? What will be reported as consolidated net income attributable to the noncontrolling interest for 2021?
How much was the total cash withheld by the partnership : A(50), B(25) & C(25) have capital balances of P60,000, P20,000 and P50,000 each respectively. How much was the total cash withheld by the partnership
Identify the location in the annual report : Identify the location(s) in the annual report that provides disclosures related to foreign currency translation and foreign currency hedging.
How much will be in melissa account on the date : How much will be in Melissa's account on the date of her retirement? How much interest will she have earned by her retirement date?
Record the acquisition of the building and land : To finance construction of the building, a $600,000, 12% construction loan was taken out on February 1. Record the acquisition of the building and land
Explain importance of budgeting and financial forecasting : Explain the importance of budgeting and financial forecasting. How are the two similar? How are they different? If you were a manager
Explain any disadvantages of sole proprietorship : The study of business organization is study of complexity. Explain any 5 advantages and Disadvantages of sole proprietorship and Company form of organization.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Why is accurate data so important for business survival

Why is accurate data so important for business survival? What are some of the graphical data techniques that are used to illustrate statistics results?

  What is? j-as operating leverage factor at the target level

Variable expenses are 30?% of sales and monthly fixed expenses are $8,400. What is? J&A's operating leverage factor at the target level of operating? income?

  Bonds were issued at a premium

If a business issues a $100,000 face value, 5 year, 10% contract rate bonds dated January 1st and Interest is payable semiannually each December 31.

  What is the expected value of increasing production

Construct a decision tree for SJB. On the basis of the EV, what should SJB do? What is the expected value of increasing production?

  What are arguments against regulation of financial reporting

What are the arguments favoring regulation of financial reporting?

  Is outsourcing often an option for organizations

In discussing business profitability. Is Outsourcing often an option for organizations to reduce costs? provide specific examples, references

  Assuming no units in the beginning inventory

Clayton Company produces a single product. Last year, the company's variable production costs totaled $8,000 and its fixed manufacturing overhead costs totaled $4,800. The company produced 4,000 units during the year and sold 3,600 units. Assuming no..

  Provide a flexible budget graph

Provide a flexible budget graph for the Fabricating Department, assuming the maximum direct labor hours in the relevant range is 100,000

  What would be the pre-tax gain or loss to the consolidated

Parent owns 75% of Sub. What would be the pre-tax gain or loss to the consolidated entity on the intercompany sale of the bonds?

  Compute mike dooleys gross earnings

Compute Mike Dooley's gross earnings and net pay for the pay period showing each payroll deduction in arriving at net pay.

  What potential synergies drove the merger

Summarize the chronology of events from the first offer that was made by the acquiring firm until the final acquisition was agreed. Include information about other firms that were involved, even in an indirect manner (for example, where there any “wh..

  Prepare the transaction data in accounts

Prepare the transaction data in accounts under an accounting equation. Purpose an income statement, a statement of changes in stockholders' equity, a balance sheet, and a statement of cash flow for 2012 and 2013.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd