Question
The company I choose. TAKE Industries Ltd. This is a management consulting company. The stock exchange is (NSE) or National Stock Exchange. It is the
The company I choose.
TAKE Industries Ltd. This is a management consulting company.
The stock exchange is (NSE) or National Stock Exchange. It is the leading exchange in India
steps: if this company does not work, another foriegn company would due.
Company name and the type of business or industry.
The name of the Stock Exchange on which its shares are traded.
The companys Ticker symbol on that exchange. (If you dont know what a ticker symbol is, look it up.)
Location of company headquarters and the name of the CEO.
The date of the companys most recent published annual report.
The URL on the companys own website where I can see the report.
Identify the accounting standards used for the companys annual report. Quote the sentence(s) in the annual report you used to determine this and give the page number in the report. (Hint: Look for something like These financial statements were prepared according to accounting principles generally accepted in or a similar statement. You will probably find it in the Report of the Independent Auditor.)
From reading the Notes to the Financial Statements, identify the following and cite the page number in the report:
The method used to depreciate Fixed Assets (Property, Plant and Equipment.)
The definition the company uses for Cash and Cash Equivalents on the Balance Sheet
The companys basis for Revenue Recognition
The method used for valuing Inventory: FIFO, LIFO, Specific Identification, or Weighted Average.
From the most recent year-end Financial Statements, show
The value of the companys Ending Inventory
Total Assets
Net Income
Net Cash Flow
Total Dividends
Calculate the Return on Common Stockholders Equity
Locate the Independent Auditors Letter in the annual report. Did the auditors give a qualified or unqualified opinion on managements financial statements? Quote the paragraph from the auditor. (Note: Im not looking for the report on the companys system of internal controls. I want the report on how the financial statements are presented. Sometimes a company will have two Independent Auditors Reports: one on the financial statement presentation, one on the system of internal controls. Sometimes a companys auditor combines the two reports in a single letter to the stockholders.)
Report the value today of a $10,000 investment, if we had invested in the stock of the company, exactly one year before the date of your report. If the companys stock is traded on an overseas exchange in another currency, you will need to use the exchange rates one year ago and today as well as the stock price one year ago and today, to calculate the current value of the investment. Show your calculations, including the current stock price and the stock price one year ago. Dont forget to add the value of any cash dividends we would have received during the year.
If you select an overseas company (see above for a 25% premium,) the currency used in the financial statements and that currencys January 3, 2023 exchange rate with the US dollar
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