ACC 561 Week 2 Learning Team Assignment

Learning Team Assignment: Financial Statement Analysis

Choose three companies, one from each of the following three sectors: manufacturing, service, and retail sales. One company must be foreign.

Compute the quick and current liquidity ratios, the DuPont ratio, profit margin, asset utilization, and financial leverage of each of the three companies.

Write a paper in no more than 1,050 words discussing how differences in the industries and different IASB and FASB measurement conventions affect presentations. If one of the companies uses the cash basis of accounting, how would that differ from the accrual basis?

Format your paper consistent with APA standards.