The Outlook section in Daimlers 2008 annual report may be found at http://ar2008.daimler. com/daimler/annual/2008/gb/English/pdf/ 04_DAI_AR2008_Management-Report.pdf (pp. 8287).
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The Outlook section in Daimler’s 2008 annual report may be found at http://ar2008.daimler.
com/daimler/annual/2008/gb/English/pdf/
04_DAI_AR2008_Management-Report.pdf
(pp. 82–87).
Required: Provide (1) a list of items forecasted
(e.g., sales, profits, economic growth), (2) the forecast horizon (e.g., one year ahead, six months ahead, not stated), and (3) the amount forecasted (e.g., growth of 10 million, 10 percent growth). How might an investor or analyst use such forecast information?
Overall, how useful is Daimler’s forecast disclosure? Why do you say so?
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Related Book For
International Accounting
ISBN: 9780136111474
7th Edition
Authors: Frederick D. S. Choi, Gary K. Meek
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