Acct 291 financial analysis help!!!

Jan 19th, 2015
Price: $45 USD

Question description

Hello can anyone help me with the following 

 Write a 700- to 900 word summary of the team Financial analysis on Southwest Airlines ( LUV). The summary should be structured in a subject-by-subject format. An introduction and a conclusion are needed. Your essay should include the answers to the following:

  • IFRS 8-1: What are some steps taken by both the FASB and IASB to move to fair value measurement for financial instruments? In what ways have some of the approaches differed?
  • IFRS 9-1: What is component depreciation, and when must it be used?
  • IFRS 9-2: What is revaluation of plant assets? When should revaluation be applied?
  • IFRS 9-3: Some product development expenditures are recorded as development expenses and others as development costs. Explain the difference between these accounts and how a company decides which classification is appropriate.
  • IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example.
  • IFRS10-3: Briefly describe some similarities and differences between GAAP and IFRS with respect to the accounting for liabilities.

Format your essay consistent with APA guidelines.

Use the Financial Accounting text and at least two additional scholarly-reviewed references.\

 LUV - Southwest Airlines

Prepare an analysis of your selected company. The paper will be broken down into the following sections:

Profitability Ratios - Use Gross Profit Margin and Net Profit Margin. Provide your analysis of what these ratios tell you about the company.

Liquidity Ratios - Use Current Ratio and Quick Ratio. Provide your analysis of what these ratios tell you about the company.

Solvency Ratios - Use Debt to Equity Ratio and Debt to Assets Ratio. Provide your analysis of what these ratios tell you about the company.

Activity Ratios - Use Inventory Turnover (including Days in Inventory) and A/R Turnover (and the corresponding Days Sales Outstanding)

Provide an overall assessment of your company's financial picture as well as the different sections.

Format in APA.

Tutor Answer

(Top Tutor) Daniel C.
School: Cornell University

Studypool has helped 1,244,100 students

Review from our student for this Answer

Jan 23rd, 2015
"Excellent job"
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1828 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors