assignment on united percel service(UPS)
User Generated
Zvffzbhevar
Business Finance
Description
Do a write up on UPS using the information from their forecast data on the 10k.
Should be in paragraph form and be curt and quick to the point.
Thepicture shows what forecasting segments need to be discussed and the
document is an example of a profitability write up for the same company.
The forecasting write up should look similar the profitability write up
but with different information
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Assignment Instructions Conducting business internationally results in having foreign
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transactions and the associated financial statement balances into the
reporting currency. Respond to the following questions. The problems should be solved on the basis of IFRS unless otherwise stated. Chapter 7 Question Garden Grove Corporation made a sale to a foreign customer on
September 15, Year 1, for 100,000 foreign currency units (FCU). Payment
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Garden Grove Corporation International Sales Exchange Rates
Date
U.S. Dollar per FCU
September 15, Year 1
0.40
September 30, Year 1
0.42
October 15, Year 1
0.37
Prepare all journal entries for Garden Grove Corporation in
connection with this sale to reflect the impact of foreign currency
translation rates, assuming that the company closes its books on
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in Turkish lira (TL) on its December 31, Year 4, balance sheet:
Sigma Turkish Subsidiary Balance Sheet
Item
Cost
Equipment
TL 100,000,000,000
Accumulated depreciation (straight-line)
TL 32,000,000,000
Additional information related to the equipment is as follows:
Additional Information About the Equipment
Date
Amount Purchased
Useful Life
US$/TL Exchange Rate
1/1/Y1
TL 60,000,000,000
10 years
$0.0000070 = TL 1
1/1/Y3
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10 years
$0.0000020 = TL 1
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U.S. Dollar Exchange Rates for Turkish Lira for Year 4
Date
Exchange Rate
January 1, Year 4
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December 31, Year 4
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Most Popular Content
Foreign Currency and Translation
Assignment Instructions Conducting business internationally results in having foreign
currency transactions. Foreign cur ...
Foreign Currency and Translation
Assignment Instructions Conducting business internationally results in having foreign
currency transactions. Foreign currencies fluctuate like any other
commodity. Foreign currency transactions necessitate translating these
transactions and the associated financial statement balances into the
reporting currency. Respond to the following questions. The problems should be solved on the basis of IFRS unless otherwise stated. Chapter 7 Question Garden Grove Corporation made a sale to a foreign customer on
September 15, Year 1, for 100,000 foreign currency units (FCU). Payment
was received on October 15, Year 1. The following exchange rates apply:
Garden Grove Corporation International Sales Exchange Rates
Date
U.S. Dollar per FCU
September 15, Year 1
0.40
September 30, Year 1
0.42
October 15, Year 1
0.37
Prepare all journal entries for Garden Grove Corporation in
connection with this sale to reflect the impact of foreign currency
translation rates, assuming that the company closes its books on
September 30 to prepare interim financial statements. Chapter 8 Question Simga Company's Turkish subsidiary reported the following amounts
in Turkish lira (TL) on its December 31, Year 4, balance sheet:
Sigma Turkish Subsidiary Balance Sheet
Item
Cost
Equipment
TL 100,000,000,000
Accumulated depreciation (straight-line)
TL 32,000,000,000
Additional information related to the equipment is as follows:
Additional Information About the Equipment
Date
Amount Purchased
Useful Life
US$/TL Exchange Rate
1/1/Y1
TL 60,000,000,000
10 years
$0.0000070 = TL 1
1/1/Y3
TL 40,000,000,000
10 years
$0.0000020 = TL 1
U.S. dollar exchange rates for the Turkish lira for Year 4 are as follows:
U.S. Dollar Exchange Rates for Turkish Lira for Year 4
Date
Exchange Rate
January 1, Year 4
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December 31, Year 4
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Assume that Turkey is a highly inflationary economy. Determine
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operations. Determine the amounts at which the Turkish subsidiary's
equipment and accumulated depreciation should be reported on Simga
Company's December 31, Year 4, consolidated balance sheet in accordance
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Unit 1 Discussion Discuss the advantages and disadvantages of the four primary types of local area networks–contention b ...
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The Ted Talk video is about a Havard professor, Frances Frei, sharing how to build and rebuild trust since it is the foundation for everything in ...
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Read the Union Carbide Corporation and Bhopal case that begins on page 384 of your Business, Government, and Society textb ...
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Read the Union Carbide Corporation and Bhopal case that begins on page 384 of your Business, Government, and Society textbook. In lieu of answering the questions that follow the case, you will respond to the prompt below;Consider the concerns as described in this case and prepare a memorandum that addresses the concerns described below. Your memo should be completed in narrative form (you may use headings if you choose to do so for organizational purposes, but do not list your responses in bullet form). Maximum page length: 10 pages (double spaced).Identify all of the potential ethical issues you see (if any). Describe and analyze the implications of each issue, including who or what were affected by the company’s response. In identifying issues and addressing their implications, your discussion should be as comprehensive as possible—you should consider any economic, social, or ecological implications, as well as the potential impact at least two cultural differences you can identify. Additionally, your analysis should thoroughly identify and discuss at least two potential courses of action that the company could have taken with respect to each issue you have discussed. Clearly demonstrate your reasoning process—identify and explain any ethical principles or arguments you are relying on; do not simply state unsupported conclusions. If you choose to apply any approaches to ethical reasoning that you learned about in this course, clearly state what they are and how you are applying them to this case. Of the possible solutions you identified, which would you recommend that the company should have adopted as a resolution? Again, fully explain and justify your recommendations. Finally, explain how you would implement each solution you have recommended.This assignment will make up a percent of your grade to be determined by your faculty member.Submission instructionsAttach your Word document to this assignment and submit before the due date.
Lee College Ch 17 Multinational Financial Management Article Review
The application of course material and an understanding of the current business environment are essential for an MBA stude ...
Lee College Ch 17 Multinational Financial Management Article Review
The application of course material and an understanding of the current business environment are essential for an MBA student. In this assignment, you will have an opportunity to examine current events in business related to financial management.Find one recent (must be within the last 2 weeks) article from the Wall Street Journal or Bloomberg Business (only from these two sources) related to financial managementWrite a 2 page summary of the article and how it relates to what you have studied in this unit (Chapter 17).
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