AC551 Unit 5 Assigment
Assignment 1: Complete the following for Chapter 6:
Exercises 2 – Given that GASB is related to FASB through their common oversight board, research GASB’S pans its hierarchy of accounting sources. Identify where you found that information.
Exercise 4 - Review Microsoft Corps financial reports for the last three years and perform a ratio analysis of them. In one paragraph, discuss the company’s financial situation. What databases and sub-databases did you use to find the answer?
Exercise 17- Find the growth rate for Yahoo from 2007 to 2008. What helps to explain the change in the company’s stock price that year?