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MY Company is Adidas Please help me fast I want do years 2019-2020 about Adidas follow question, I need full answer Accountant's Report: (7 points)
MY Company is Adidas
Please help me fast
I want do years 2019-2020 about Adidas follow question, I need full answer
Accountant's Report: (7 points) 1. Who are the independent CPA's? 2. What kind of opinion did they express? 3. Should this opinion increase the reliability of the financial statements? Why? Income (Operations) Statement: (21 points) 1. Is this a comparative statement? 2. Is this a consolidated statement? 3. What is the profit margin percentage? 4. What is the effective income tax rate? 5. Are there any discontinued operations, extraordinary items, or cumulative effective changes in accounting principles (if so, what are they)? 6. Which earnings per share (EPS) are reported (descriptions and amounts)? 7. Are there any unusual items? Balance Sheet: (20 points) 1. Determine the categories of plant assets. (hint: refer to the footnotes) 2. Are there any unpaid or deferred income tax liabilities? 3. How many classes of capital stock are shown? 4. How many classes have been issued? 5. Does the stock(s) sell at or above par or stated value? 6. What percent of total assets is provided by stockholders' equity? 7. What percent of stockholders' equity is represented by retained earnings? 8. Are there any unusual items? Statement of Stockholder's Equity: (11 points) 1. What columns are presented? 2. What amount(s) are carried from the Income Statement? 3. What amount(s) are carried to the Balance Sheet? 4. What caused retained earnings to change? 5. Are there any unusual itemsStep by Step Solution
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