SlideShare a Scribd company logo
Directions. Please read carefully each of the following
questions and select the best answer
from the choices given (2.5 points each).
1. XYZ Industries, Inc., is incorporated in the British Virgin
Islands and is indebted to a US-based
company. You are a financial investigator for a US-based firm
and are aware of many properties
owned by XYZ Industries both domestically and internationally.
You have been hired to uncover the
beneficial owner to identify available assets for repayment of
outstanding debts and restitution of
victims. Which document would best assist the investigator to
identify the beneficial owner1
a. power of attorney or designation of corporate agent
b. a mail forwarding notice related to the property filed with the
local postal service
c. articles of incorporation and board minutes for XYZ
Industries, Inc. filed in the BVI
d. a mutual legal assistance treaty request filed with the BVI
seeking all beneficial ownership
records
e. none of the above
2. Your client invested in an international real estate investment
company in the Cayman Islands.
Recently, the client learned that her contact at the company was
arrested in the USA on money
laundering charges. She wants you to find out more information
about the owners of the investment
company. You have learned that the company she invested in
was a shell corporation. You seek to
identify the beneficial owners of the shell corporation. Which of
the following describes a way to
identify beneficial ownership?
a. determine if there are loans by the company to individuals for
no equity
b. determine if a Certificate of Good Standing was filed with
the Cayman Company Registry
official
c. determine if the nominee directors hold positions with other
companies in the Cayman Islands
d. determine who the authorized signatories are for the
company's bank accounts
e. none of the above
3. Global Widget Co. recently acquired a local company in
Pakistan, a country with a high level of
state involvement in the economy and history of corruption.
Before purchasing the company, Global
Widget hired a major international law firm to conduct a due
diligence review and uncover any
potential violations of global anti-corruption laws. When the
review came back free of problems or
issues, Global Widget completed its acquisition.
Three years later, Global Widget executives were conducting
their first anti-corruption compliance
training with employees from the Pakistan office. During the
training session, Global Widget was
alerted by Pakistan-based employees that the distributors the
company hires may be bribing local
government officials. Global Widget had not conducted a
review of the distributors in Pakistan.
When it looked into the allegations, it found widespread
potential Foreign Corrupt Practices Act and
UK Bribery Act violations. What are two weaknesses in Global
Widget anti-corruption compliance
program?
a. Global Widget did not include its distributors in Pakistan
when it conducted its anti-corruption
due diligence and training
b. the due diligence review should have been conducted
exclusively by local counsel in Pakistan
because they would be better versed in the country's culture and
laws
Financial Statement Analysis Project (ACCT 201, ACCT 202,
MBA 500B)
In lieu of the class scheduled for Thursday/Friday February
23/24, students will be expected to begin to work on a Financial
Statement Analysis Project. During this project the student will
be expected to:
1. Read the textbook chapter on financial statement analysis
a. ACCT 201 and MBA 500B – Chapter 12
b. ACCT 202 – Chapter 14
2. Read and View the materials about the use of the SEC’s
EDGAR database (on Blackboard)
3. View the materials about financial statement analysis (on
Blackboard)
4. Select a publicly traded company to report on. No duplicate
companies. Selection will be on a first-come, first-served basis
via e-mails to
5. Read the company’s most recent 10-K.
6. Using the financial statements in the 10-K prepare the
following information
a. Prepare a vertical analysis of the company’s most current
Balance Sheet
b. Prepare a horizontal (trend) analysis of the company’s
income statement over the past two years
c. Calculate the following ratios for the most current year
i. Current ratio
ii. Debt to equity ratio
iii. Operating profit percentage (EBIT)
iv. Net income percentage
7. Write a 3 – 5 page paper (double space; Times New Roman
12 font) covering the following topics
a. What is the nature of the company’s business?
b. What is the largest category of asset? What does this tell you
about the company’s operations?
c. How much were the company’s sales for the most recent
year? How big were their profits?
d. What did the financial analysis of the company tell you about
the company and its operations?
e. While reviewing the company’s financial statements, what
aspects of the statements or what accounts were the most
unfamiliar to you? How large were these matters in comparison
to the total statements?
f. From this basic analysis can you tell if the company is doing
well or not so well? Please explain.
8. The final paper must be completed and submitted by April
29, 2018. Drafts of the financial analysis can be submitted in
advance and will be reviewed for accuracy prior to the final
paper being submitted.
Further details will be provided as needed.
balance sheetTarget Balance SheetConsolidated Statements of
Financial Position - USD ($)Jan. 28, 2017Jan. 30, 2016$ in
MillionsAssetsCash and cash equivalents, including short-term
investments of $1,110 and
$3,008$2,5126.71%$4,046Inventory8,30922.20%8,601Assets of
discontinued operations690.18%322Other current
assets1,1002.94%1,161Total current
assets11,99032.03%14,130Property and
equipmentLand6,10616.31%6,125Buildings and
improvements27,61173.77%27,059Fixtures and
equipment5,50314.70%5,347Computer hardware and
software2,6517.08%2,617Construction-in-
progress2000.53%315Accumulated depreciation-17,413-
46.52%-16,246Property and equipment,
net24,65865.88%25,217Noncurrent assets of discontinued
operations120.03%75Other noncurrent assets7712.06%840Total
assets37,431100.00%40,262Liabilities and shareholders'
investmentAccounts payable7,25219.37%7,418Accrued and
other current liabilities3,7379.98%4,236Current portion of
long-term debt and other borrowings1,7184.59%815Liabilities
of discontinued operations10.00%153Total current
liabilities12,70833.95%12,622Long-term debt and other
borrowings11,03129.47%11,945Deferred income
taxes8612.30%823Noncurrent liabilities of discontinued
operations180.05%18Other noncurrent
liabilities1,8604.97%1,897Total noncurrent
liabilities13,77036.79%14,683Shareholders' investmentCommon
stock460.12%50Additional paid-in
capital5,66115.12%5,348Retained
earnings5,88415.72%8,188Accumulated other comprehensive
lossPension and other benefit liabilities-601-1.61%-
588Currency translation adjustment and cash flow hedges-37-
0.10%-41Total shareholders'
investment10,95329.26%12,957Total liabilities and
shareholders' investment$37,431100.00%$40,262
Income statementTarget Income StatementsConsolidated
Statements of Operations - USD ($)12 Months Endedshares in
Millions, $ in MillionsJan. 28, 2017Jan. 30, 2016%
ChangeIncome Statement [Abstract]Sales$69,495$73,785-
5.81%Cost of sales48,87251,997-6.01%Gross
margin20,62321,788-5.35%Selling, general and administrative
expenses13,35614,665-8.93%Depreciation and
amortization2,2982,2133.84%Gain on sale0-620-
100.00%Earnings from continuing operations before interest
expense and income taxes4,9695,530-10.14%Net interest
expense1,00460765.40%Earnings from continuing operations
before income taxes3,9654,923-19.46%Provision for income
taxes1,2961,602-19.10%Net earnings from continuing
operations2,6693,321-19.63%Discontinued operations, net of
tax684261.90%Net earnings / (loss)$2,737$3,363-18.61%
RatiosTarget RatiosCurrent RatioCurrent Assets / Current
Liabilities11,990divided by12,708 =94.35%Debt to Equity
RatioTotal Debt / Total EquityDebtcurrent liabilities12,708non
current liabilities 13,77026,478divided by10,953
=2.42Operating profit percentageOperating profit / Net
sales4,969divided by69,495 =7.15%Net profit
percentageNet income / Net sales$2,737divided by69,495
=3.94%

More Related Content

Similar to Directions. Please read carefully each of the following questi.docx

Golden gate university acctg
Golden gate university acctgGolden gate university acctg
Golden gate university acctg
leesa marteen
 
AuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background Check
AuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background CheckAuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background Check
AuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background Check
AuthBridge
 
Volume IX Issue 2 May
Volume IX Issue 2 MayVolume IX Issue 2 May
Volume IX Issue 2 May
AuthBridge
 
Uop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 newUop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 new
noahjamessss
 
Uop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 newUop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 new
anjuchandu755
 
Uop str 581 week 4 individual capstone final exam part 2 new
Uop str 581 week 4 individual capstone final exam part 2 newUop str 581 week 4 individual capstone final exam part 2 new
Uop str 581 week 4 individual capstone final exam part 2 new
shyaminfo00
 
Accounting Principle 6th Edition Weygandt Test Bank
Accounting Principle 6th Edition Weygandt Test BankAccounting Principle 6th Edition Weygandt Test Bank
Accounting Principle 6th Edition Weygandt Test Bank
Gaybestsarae
 
Accounting homework help
Accounting homework helpAccounting homework help
Accounting homework help
ENTIRE COURSES FINAL EXAM
 
Audit Committee
Audit CommitteeAudit Committee
Audit Committee
Janet Robinson
 
Str 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 newStr 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 new
eyavagal
 
Str 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 newStr 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 new
olivergeorg
 
QuestionsNone of these questions has a style component, thus y.docx
QuestionsNone of these questions has a style component, thus y.docxQuestionsNone of these questions has a style component, thus y.docx
QuestionsNone of these questions has a style component, thus y.docx
catheryncouper
 
FinanceTest ISummer 20191. Using the following data, prepare a .docx
FinanceTest ISummer 20191.  Using the following data, prepare a .docxFinanceTest ISummer 20191.  Using the following data, prepare a .docx
FinanceTest ISummer 20191. Using the following data, prepare a .docx
ericn8
 
Accounting homework help
Accounting homework helpAccounting homework help
Accounting homework help
andrey_milev
 
Accounting homework help
Accounting homework helpAccounting homework help
Accounting homework help
roman nnelson
 
Col finance sample_exam
Col finance sample_examCol finance sample_exam
Col finance sample_exam
anands45
 

Similar to Directions. Please read carefully each of the following questi.docx (16)

Golden gate university acctg
Golden gate university acctgGolden gate university acctg
Golden gate university acctg
 
AuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background Check
AuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background CheckAuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background Check
AuthBridge Newsletter Issue 2- Subject Your CXO's to Thorough Background Check
 
Volume IX Issue 2 May
Volume IX Issue 2 MayVolume IX Issue 2 May
Volume IX Issue 2 May
 
Uop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 newUop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 new
 
Uop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 newUop str 581 capstone final exam part 2 new
Uop str 581 capstone final exam part 2 new
 
Uop str 581 week 4 individual capstone final exam part 2 new
Uop str 581 week 4 individual capstone final exam part 2 newUop str 581 week 4 individual capstone final exam part 2 new
Uop str 581 week 4 individual capstone final exam part 2 new
 
Accounting Principle 6th Edition Weygandt Test Bank
Accounting Principle 6th Edition Weygandt Test BankAccounting Principle 6th Edition Weygandt Test Bank
Accounting Principle 6th Edition Weygandt Test Bank
 
Accounting homework help
Accounting homework helpAccounting homework help
Accounting homework help
 
Audit Committee
Audit CommitteeAudit Committee
Audit Committee
 
Str 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 newStr 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 new
 
Str 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 newStr 581 week 4 individual capstone final exam part 2 new
Str 581 week 4 individual capstone final exam part 2 new
 
QuestionsNone of these questions has a style component, thus y.docx
QuestionsNone of these questions has a style component, thus y.docxQuestionsNone of these questions has a style component, thus y.docx
QuestionsNone of these questions has a style component, thus y.docx
 
FinanceTest ISummer 20191. Using the following data, prepare a .docx
FinanceTest ISummer 20191.  Using the following data, prepare a .docxFinanceTest ISummer 20191.  Using the following data, prepare a .docx
FinanceTest ISummer 20191. Using the following data, prepare a .docx
 
Accounting homework help
Accounting homework helpAccounting homework help
Accounting homework help
 
Accounting homework help
Accounting homework helpAccounting homework help
Accounting homework help
 
Col finance sample_exam
Col finance sample_examCol finance sample_exam
Col finance sample_exam
 

More from lynettearnold46882

Assignment User FrustrationThe quality of the user experience i.docx
Assignment User FrustrationThe quality of the user experience i.docxAssignment User FrustrationThe quality of the user experience i.docx
Assignment User FrustrationThe quality of the user experience i.docx
lynettearnold46882
 
Assignment Upstream Approaches to Canadian Population HealthAlt.docx
Assignment Upstream Approaches to Canadian Population HealthAlt.docxAssignment Upstream Approaches to Canadian Population HealthAlt.docx
Assignment Upstream Approaches to Canadian Population HealthAlt.docx
lynettearnold46882
 
Assignment Type up an essay on one of two prompts and submit the .docx
Assignment Type up an essay on one of two prompts and submit the .docxAssignment Type up an essay on one of two prompts and submit the .docx
Assignment Type up an essay on one of two prompts and submit the .docx
lynettearnold46882
 
Assignment TypeIndividual ProjectDeliverable Length8–10 slid.docx
Assignment TypeIndividual ProjectDeliverable Length8–10 slid.docxAssignment TypeIndividual ProjectDeliverable Length8–10 slid.docx
Assignment TypeIndividual ProjectDeliverable Length8–10 slid.docx
lynettearnold46882
 
Assignment Type Individual discussion Board;   450 – 550 word.docx
Assignment Type Individual discussion Board;   450 – 550 word.docxAssignment Type Individual discussion Board;   450 – 550 word.docx
Assignment Type Individual discussion Board;   450 – 550 word.docx
lynettearnold46882
 
Assignment Two UNIT 2Student Name _______________________.docx
Assignment Two UNIT 2Student Name _______________________.docxAssignment Two UNIT 2Student Name _______________________.docx
Assignment Two UNIT 2Student Name _______________________.docx
lynettearnold46882
 
Assignment Two Select a college or university and provide th.docx
Assignment Two Select a college or university and provide th.docxAssignment Two Select a college or university and provide th.docx
Assignment Two Select a college or university and provide th.docx
lynettearnold46882
 
Assignment Two Objectives • Understand how the.docx
Assignment Two   Objectives • Understand how the.docxAssignment Two   Objectives • Understand how the.docx
Assignment Two Objectives • Understand how the.docx
lynettearnold46882
 
Assignment Topic Exploration and Analysis (Proposal)In Week 6 o.docx
Assignment Topic Exploration and Analysis (Proposal)In Week 6 o.docxAssignment Topic Exploration and Analysis (Proposal)In Week 6 o.docx
Assignment Topic Exploration and Analysis (Proposal)In Week 6 o.docx
lynettearnold46882
 
Assignment To consider three sources about the Fall of Rome and w.docx
Assignment To consider three sources about the Fall of Rome and w.docxAssignment To consider three sources about the Fall of Rome and w.docx
Assignment To consider three sources about the Fall of Rome and w.docx
lynettearnold46882
 
Assignment topic Rapid Influenza Testing in Children and Adult.docx
Assignment topic  Rapid Influenza Testing in Children and Adult.docxAssignment topic  Rapid Influenza Testing in Children and Adult.docx
Assignment topic Rapid Influenza Testing in Children and Adult.docx
lynettearnold46882
 
Assignment Topic 1Choose a contemporary painting, sculpture, o.docx
Assignment Topic 1Choose a contemporary painting, sculpture, o.docxAssignment Topic 1Choose a contemporary painting, sculpture, o.docx
Assignment Topic 1Choose a contemporary painting, sculpture, o.docx
lynettearnold46882
 
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docx
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docxAssignment TitleAssessment Item 03 Case Study Analysis – Engagi.docx
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docx
lynettearnold46882
 
Assignment Title Knowledge management cycle process in or.docx
Assignment Title Knowledge management cycle process in or.docxAssignment Title Knowledge management cycle process in or.docx
Assignment Title Knowledge management cycle process in or.docx
lynettearnold46882
 
Assignment Three Technical Descriptions Due March 2 (1155 PM .docx
Assignment Three Technical Descriptions Due March 2 (1155 PM .docxAssignment Three Technical Descriptions Due March 2 (1155 PM .docx
Assignment Three Technical Descriptions Due March 2 (1155 PM .docx
lynettearnold46882
 
Assignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docx
Assignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docxAssignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docx
Assignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docx
lynettearnold46882
 
Assignment title An Evaluation of the Business Strategy at Mc D.docx
Assignment title An Evaluation of the Business Strategy at Mc D.docxAssignment title An Evaluation of the Business Strategy at Mc D.docx
Assignment title An Evaluation of the Business Strategy at Mc D.docx
lynettearnold46882
 
ASSIGNMENT The student will submit a research project that compares.docx
ASSIGNMENT The student will submit a research project that compares.docxASSIGNMENT The student will submit a research project that compares.docx
ASSIGNMENT The student will submit a research project that compares.docx
lynettearnold46882
 
Assignment Three Case study report – mixed mediaValue 40 .docx
Assignment Three Case study report – mixed mediaValue 40 .docxAssignment Three Case study report – mixed mediaValue 40 .docx
Assignment Three Case study report – mixed mediaValue 40 .docx
lynettearnold46882
 
Assignment The Nurse Leader as Knowledge WorkerThe term kn.docx
Assignment The Nurse Leader as Knowledge WorkerThe term kn.docxAssignment The Nurse Leader as Knowledge WorkerThe term kn.docx
Assignment The Nurse Leader as Knowledge WorkerThe term kn.docx
lynettearnold46882
 

More from lynettearnold46882 (20)

Assignment User FrustrationThe quality of the user experience i.docx
Assignment User FrustrationThe quality of the user experience i.docxAssignment User FrustrationThe quality of the user experience i.docx
Assignment User FrustrationThe quality of the user experience i.docx
 
Assignment Upstream Approaches to Canadian Population HealthAlt.docx
Assignment Upstream Approaches to Canadian Population HealthAlt.docxAssignment Upstream Approaches to Canadian Population HealthAlt.docx
Assignment Upstream Approaches to Canadian Population HealthAlt.docx
 
Assignment Type up an essay on one of two prompts and submit the .docx
Assignment Type up an essay on one of two prompts and submit the .docxAssignment Type up an essay on one of two prompts and submit the .docx
Assignment Type up an essay on one of two prompts and submit the .docx
 
Assignment TypeIndividual ProjectDeliverable Length8–10 slid.docx
Assignment TypeIndividual ProjectDeliverable Length8–10 slid.docxAssignment TypeIndividual ProjectDeliverable Length8–10 slid.docx
Assignment TypeIndividual ProjectDeliverable Length8–10 slid.docx
 
Assignment Type Individual discussion Board;   450 – 550 word.docx
Assignment Type Individual discussion Board;   450 – 550 word.docxAssignment Type Individual discussion Board;   450 – 550 word.docx
Assignment Type Individual discussion Board;   450 – 550 word.docx
 
Assignment Two UNIT 2Student Name _______________________.docx
Assignment Two UNIT 2Student Name _______________________.docxAssignment Two UNIT 2Student Name _______________________.docx
Assignment Two UNIT 2Student Name _______________________.docx
 
Assignment Two Select a college or university and provide th.docx
Assignment Two Select a college or university and provide th.docxAssignment Two Select a college or university and provide th.docx
Assignment Two Select a college or university and provide th.docx
 
Assignment Two Objectives • Understand how the.docx
Assignment Two   Objectives • Understand how the.docxAssignment Two   Objectives • Understand how the.docx
Assignment Two Objectives • Understand how the.docx
 
Assignment Topic Exploration and Analysis (Proposal)In Week 6 o.docx
Assignment Topic Exploration and Analysis (Proposal)In Week 6 o.docxAssignment Topic Exploration and Analysis (Proposal)In Week 6 o.docx
Assignment Topic Exploration and Analysis (Proposal)In Week 6 o.docx
 
Assignment To consider three sources about the Fall of Rome and w.docx
Assignment To consider three sources about the Fall of Rome and w.docxAssignment To consider three sources about the Fall of Rome and w.docx
Assignment To consider three sources about the Fall of Rome and w.docx
 
Assignment topic Rapid Influenza Testing in Children and Adult.docx
Assignment topic  Rapid Influenza Testing in Children and Adult.docxAssignment topic  Rapid Influenza Testing in Children and Adult.docx
Assignment topic Rapid Influenza Testing in Children and Adult.docx
 
Assignment Topic 1Choose a contemporary painting, sculpture, o.docx
Assignment Topic 1Choose a contemporary painting, sculpture, o.docxAssignment Topic 1Choose a contemporary painting, sculpture, o.docx
Assignment Topic 1Choose a contemporary painting, sculpture, o.docx
 
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docx
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docxAssignment TitleAssessment Item 03 Case Study Analysis – Engagi.docx
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docx
 
Assignment Title Knowledge management cycle process in or.docx
Assignment Title Knowledge management cycle process in or.docxAssignment Title Knowledge management cycle process in or.docx
Assignment Title Knowledge management cycle process in or.docx
 
Assignment Three Technical Descriptions Due March 2 (1155 PM .docx
Assignment Three Technical Descriptions Due March 2 (1155 PM .docxAssignment Three Technical Descriptions Due March 2 (1155 PM .docx
Assignment Three Technical Descriptions Due March 2 (1155 PM .docx
 
Assignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docx
Assignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docxAssignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docx
Assignment ThreeUNIT 3 – ON LINE CLASSStudent Name __________.docx
 
Assignment title An Evaluation of the Business Strategy at Mc D.docx
Assignment title An Evaluation of the Business Strategy at Mc D.docxAssignment title An Evaluation of the Business Strategy at Mc D.docx
Assignment title An Evaluation of the Business Strategy at Mc D.docx
 
ASSIGNMENT The student will submit a research project that compares.docx
ASSIGNMENT The student will submit a research project that compares.docxASSIGNMENT The student will submit a research project that compares.docx
ASSIGNMENT The student will submit a research project that compares.docx
 
Assignment Three Case study report – mixed mediaValue 40 .docx
Assignment Three Case study report – mixed mediaValue 40 .docxAssignment Three Case study report – mixed mediaValue 40 .docx
Assignment Three Case study report – mixed mediaValue 40 .docx
 
Assignment The Nurse Leader as Knowledge WorkerThe term kn.docx
Assignment The Nurse Leader as Knowledge WorkerThe term kn.docxAssignment The Nurse Leader as Knowledge WorkerThe term kn.docx
Assignment The Nurse Leader as Knowledge WorkerThe term kn.docx
 

Recently uploaded

Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
Vikramjit Singh
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
DeeptiGupta154
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
Peter Windle
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
MIRIAMSALINAS13
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
RaedMohamed3
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 

Recently uploaded (20)

Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 

Directions. Please read carefully each of the following questi.docx

  • 1. Directions. Please read carefully each of the following questions and select the best answer from the choices given (2.5 points each). 1. XYZ Industries, Inc., is incorporated in the British Virgin Islands and is indebted to a US-based company. You are a financial investigator for a US-based firm and are aware of many properties owned by XYZ Industries both domestically and internationally. You have been hired to uncover the beneficial owner to identify available assets for repayment of outstanding debts and restitution of victims. Which document would best assist the investigator to identify the beneficial owner1 a. power of attorney or designation of corporate agent b. a mail forwarding notice related to the property filed with the local postal service c. articles of incorporation and board minutes for XYZ Industries, Inc. filed in the BVI d. a mutual legal assistance treaty request filed with the BVI seeking all beneficial ownership records e. none of the above 2. Your client invested in an international real estate investment company in the Cayman Islands. Recently, the client learned that her contact at the company was arrested in the USA on money laundering charges. She wants you to find out more information
  • 2. about the owners of the investment company. You have learned that the company she invested in was a shell corporation. You seek to identify the beneficial owners of the shell corporation. Which of the following describes a way to identify beneficial ownership? a. determine if there are loans by the company to individuals for no equity b. determine if a Certificate of Good Standing was filed with the Cayman Company Registry official c. determine if the nominee directors hold positions with other companies in the Cayman Islands d. determine who the authorized signatories are for the company's bank accounts e. none of the above 3. Global Widget Co. recently acquired a local company in Pakistan, a country with a high level of state involvement in the economy and history of corruption. Before purchasing the company, Global Widget hired a major international law firm to conduct a due diligence review and uncover any potential violations of global anti-corruption laws. When the review came back free of problems or issues, Global Widget completed its acquisition. Three years later, Global Widget executives were conducting their first anti-corruption compliance training with employees from the Pakistan office. During the training session, Global Widget was alerted by Pakistan-based employees that the distributors the company hires may be bribing local government officials. Global Widget had not conducted a
  • 3. review of the distributors in Pakistan. When it looked into the allegations, it found widespread potential Foreign Corrupt Practices Act and UK Bribery Act violations. What are two weaknesses in Global Widget anti-corruption compliance program? a. Global Widget did not include its distributors in Pakistan when it conducted its anti-corruption due diligence and training b. the due diligence review should have been conducted exclusively by local counsel in Pakistan because they would be better versed in the country's culture and laws
  • 4. Financial Statement Analysis Project (ACCT 201, ACCT 202, MBA 500B) In lieu of the class scheduled for Thursday/Friday February 23/24, students will be expected to begin to work on a Financial Statement Analysis Project. During this project the student will be expected to: 1. Read the textbook chapter on financial statement analysis a. ACCT 201 and MBA 500B – Chapter 12 b. ACCT 202 – Chapter 14 2. Read and View the materials about the use of the SEC’s EDGAR database (on Blackboard) 3. View the materials about financial statement analysis (on Blackboard) 4. Select a publicly traded company to report on. No duplicate companies. Selection will be on a first-come, first-served basis via e-mails to 5. Read the company’s most recent 10-K. 6. Using the financial statements in the 10-K prepare the following information a. Prepare a vertical analysis of the company’s most current Balance Sheet b. Prepare a horizontal (trend) analysis of the company’s income statement over the past two years c. Calculate the following ratios for the most current year i. Current ratio ii. Debt to equity ratio iii. Operating profit percentage (EBIT) iv. Net income percentage 7. Write a 3 – 5 page paper (double space; Times New Roman 12 font) covering the following topics a. What is the nature of the company’s business? b. What is the largest category of asset? What does this tell you
  • 5. about the company’s operations? c. How much were the company’s sales for the most recent year? How big were their profits? d. What did the financial analysis of the company tell you about the company and its operations? e. While reviewing the company’s financial statements, what aspects of the statements or what accounts were the most unfamiliar to you? How large were these matters in comparison to the total statements? f. From this basic analysis can you tell if the company is doing well or not so well? Please explain. 8. The final paper must be completed and submitted by April 29, 2018. Drafts of the financial analysis can be submitted in advance and will be reviewed for accuracy prior to the final paper being submitted. Further details will be provided as needed. balance sheetTarget Balance SheetConsolidated Statements of Financial Position - USD ($)Jan. 28, 2017Jan. 30, 2016$ in MillionsAssetsCash and cash equivalents, including short-term investments of $1,110 and $3,008$2,5126.71%$4,046Inventory8,30922.20%8,601Assets of discontinued operations690.18%322Other current assets1,1002.94%1,161Total current assets11,99032.03%14,130Property and equipmentLand6,10616.31%6,125Buildings and improvements27,61173.77%27,059Fixtures and equipment5,50314.70%5,347Computer hardware and software2,6517.08%2,617Construction-in- progress2000.53%315Accumulated depreciation-17,413- 46.52%-16,246Property and equipment, net24,65865.88%25,217Noncurrent assets of discontinued operations120.03%75Other noncurrent assets7712.06%840Total assets37,431100.00%40,262Liabilities and shareholders' investmentAccounts payable7,25219.37%7,418Accrued and
  • 6. other current liabilities3,7379.98%4,236Current portion of long-term debt and other borrowings1,7184.59%815Liabilities of discontinued operations10.00%153Total current liabilities12,70833.95%12,622Long-term debt and other borrowings11,03129.47%11,945Deferred income taxes8612.30%823Noncurrent liabilities of discontinued operations180.05%18Other noncurrent liabilities1,8604.97%1,897Total noncurrent liabilities13,77036.79%14,683Shareholders' investmentCommon stock460.12%50Additional paid-in capital5,66115.12%5,348Retained earnings5,88415.72%8,188Accumulated other comprehensive lossPension and other benefit liabilities-601-1.61%- 588Currency translation adjustment and cash flow hedges-37- 0.10%-41Total shareholders' investment10,95329.26%12,957Total liabilities and shareholders' investment$37,431100.00%$40,262 Income statementTarget Income StatementsConsolidated Statements of Operations - USD ($)12 Months Endedshares in Millions, $ in MillionsJan. 28, 2017Jan. 30, 2016% ChangeIncome Statement [Abstract]Sales$69,495$73,785- 5.81%Cost of sales48,87251,997-6.01%Gross margin20,62321,788-5.35%Selling, general and administrative expenses13,35614,665-8.93%Depreciation and amortization2,2982,2133.84%Gain on sale0-620- 100.00%Earnings from continuing operations before interest expense and income taxes4,9695,530-10.14%Net interest expense1,00460765.40%Earnings from continuing operations before income taxes3,9654,923-19.46%Provision for income taxes1,2961,602-19.10%Net earnings from continuing operations2,6693,321-19.63%Discontinued operations, net of tax684261.90%Net earnings / (loss)$2,737$3,363-18.61% RatiosTarget RatiosCurrent RatioCurrent Assets / Current Liabilities11,990divided by12,708 =94.35%Debt to Equity RatioTotal Debt / Total EquityDebtcurrent liabilities12,708non current liabilities 13,77026,478divided by10,953
  • 7. =2.42Operating profit percentageOperating profit / Net sales4,969divided by69,495 =7.15%Net profit percentageNet income / Net sales$2,737divided by69,495 =3.94%