Week 5: E-text Learning Team Assignments

ACC/400

Week 5: E-text Learning Team Assignments

Financial Accounting: Tools for Business Decision Making, 4th edition

Chapter 13: Communication Activity: BYP 13-7

Write a memo to R.J. Falk that explains the basis for comparison and the factors affecting quality of earnings.

Memo

To: R.J. Falk CEO

From: Team B

Date: May 24, 2010

Re: Financial Statement Analysis

The purpose of this memo is to explain (a) the bases for comparison in analyzing Ventura financial statements and (b) the limitations, if any, in financial statement analysis. The financial statement holds pertinent information about the company, such as the financial status of the company and changes, if any, which should be made. These statements are important to investors and...