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Hi I need help with this project. The company is already chosen. you have to follow the instruction in the attached file. Company chosen from:

Hi I need help with this project. The company is already chosen. you have to follow the instruction in the attached file.

image text in transcribed Company chosen from: http://beta.fortune.com/fortune500/list I have chosen: Johnson & Johnson Questions: After a brief summary of Johnson and Johnson, Choose 2 questions that have real answers to answer 1. Summarize the company's \"Basis for Presentation and Principles of Consolidation.\" 2. Summarize the method(s) used by the company to account for their investments. Include discussion of how the company accounts for available for sale securities and trading securities if any. 3. Summarize the company's goodwill accounting and impairment of goodwill if any. Include any methodologies described by the company. 4. Summarize the company's accounting for their foreign currency translation adjustments. Identify and describe the impact any foreign currency adjustments. Can you identify the method used to translate the foreign currency to US$$? 5. Summarize the accounting treatment for the company's VIE's, if any. 6. Summarize any acquisitions made during the year and the accounting treatment for the acquisitions described in the financial statements. Include any summaries of contingent consideration paid. Describe bargain purchases, if any. 7. Summarize the company's hedging strategy(s) if any. There could be several strategies. 8. Identify the company's derivative's strategy and what kind of predominant derivative contracts the company uses. Describe you reasoning why the company uses a particular kind of derivative contract. 9. Summarize the operating segments of the company and highlight any facts you find interesting and why. 10. Summarize the noncontrolling interests accounting in the consolidated financial statements. 11. Find an interim financial statement and disclosures and summarize and similarities and differences you find when comparing the interim financial statements to the annual consolidated year-end financial statements. For instance, was there evidence of earnings management each quarter or other manipulations during the year? Present it in a word document. If you use sources, please site them. At least 2 pages paper double space

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