Question
Question: I have to do an accounting project based on the following scenario. I have a table labeled accounting part 1 that this scenario is
Question:I have to do an accounting project based on the following scenario. I have a table labeled accounting part 1 that this scenario is based on. It is a table comparing the financial statements of the two companies, Ralph Lauren and Christian Dior. I have attached the table this project is based on. I need an accounting tutor to help me complete this assignment by April 13, 2017.
I only need the following question answered:
Ralph Lauren's company's Quality of Earnings as described in Chapter 10 of the Breitner text. Explain, in words understandable to a non-accountant, how you came to your assessment and what numbers you used. Identify any of the quality related "red flags?"
Please see the attached file for the data to answer the above question.
Thank you,
Class Project Part 1 Company Type of Business Name of Ticker Stock Symbol Exchange Headquarters Location/CEO Name Ralph Lauren Apparel, Accessories and Home Furnishings New York Stock Exchange RL New York City, NY/Stefan Larsson Christian Dior Apparel and Accessories Euronext EU:CDI Paris, France/ Sidney Toledano Date of Most Recent Financial Statement 4/2/16 URL of Most Recent Financial Statement Accounting Citation of Location Principle of Principle Used for Statement http://investor.ralp hlauren.com/phoe nix.zhtml? c=65933&p=irolfundsnapshot U.S. GAAP 6/30/16 http://www.diorfinance.com/enUS/Documentation /InformationsRegle mentees/01,02_Ra pportsFinanciers.as px/ ( Click \"Consolidated Financial Statements\" at this site for the PDF) IAS/IFRS http://investor.ralp hlauren.com/phoe nix.zhtml? c=65933&p=irolearningsnews_artic le&ID=2221364 http://www.diorfinance.com/enUS/Documentation /InformationsRegle mentees/01,02_Ra pportsFinanciers.as px/ ( Click \"Consolidated Financial Statements\" at this site for the PDF p.120 Currency Used and Exchange Rate with US Dollar N/A 1 Euro =1.0517 USDStep by Step Solution
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