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please help me with number 4 and the recomendations part International Financial Reporting Standards (IFRS) 1. What is the purpose of IFRS? 2. What is

please help me with number 4 and the recomendations part image text in transcribed
International Financial Reporting Standards (IFRS) 1. What is the purpose of IFRS? 2. What is the IASB? 3. What are some of the overall differences between US GAAP and IFRS? 4. If your company adopted IFRS. (a) Would its reporting for inventory differ? Briefly explain (b) Identify other areas that would be impacted if your company adopted IFRS. Recommendations 1. Based on your analysis and company research would you, as a bank-lending officer, approve a 5-year loan for this company? If so, how much would you approve the loan for and for what purpose? Would you require security or collateral? Explain your reasoning 2. Provide a recommendation as to whether an investor should buy, sell, or hold the stock of your company compared to the selected competitor. Your recommendation should be supported by an adequate explanation and reference to supporting analysis and ratios Note that the quality of the auments you provide in support of your position for (1) and (2) me more important than your final recommendation The Home Depot Ratios Calculations Ratio Return on Equity $11,242-53,116 3.608 Return on Assets $11,242 - $51,236 219 $10.44 102 $11,242 - 1,077 (11.242-110.225)*100 19,810 -18,375 (19.810-14,531) - (18,375) 1078 287 11,242-2,021 5.562 Earnings per Share Net Profit Margin Current Ratio Quick Ratio Accounts Receivable Turnover Inventory Tumover Times Interest Earned Debt to Equity Ratio Price Earings Ratio 49 72,653 -14,531 (15,843 +1,989) - 1.128 15.809 9.201 28.670 - 3.116 27.33-10.44 2618 Lowes Ratios Calculations Ratio 2.513 108 Return on Equity Return on Assets Earnings per Share Net Profit Margin 6.377 4.955-1.972 4.281-39,471 4,955-777 (4,281 -72,148)*100 15,319 - 15,182 (15.319-13,179) - 15,182 NA 5.93 Current Ratio 1009 141 Quick Ratio Accounts Receivable Tumover Inventory Turnover Times Interest Earned Debt to Equity Ratio Price Earings Ratio 3.733 10.964 49,205 - 13.179 (6,314+1.262) -691 16,768-1972 86.01 - 6,377 8.503 13.488

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