Question
USING 2018 CONSOLIDATE STATEMENT OF FINANCIAL POSITION AND NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FROM THE ANNUAL REPORT OF ADIDAS COMPANY, PLEASE ANSWER THE FOLLOWING QUESTIONS.
USING 2018 CONSOLIDATE STATEMENT OF FINANCIAL POSITION AND NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FROM THE ANNUAL REPORT OF ADIDAS COMPANY, PLEASE ANSWER THE FOLLOWING QUESTIONS.
ACCOUNTS RECEIVABLE (SEE NOTE #09)
1. Evaluate the ending balance of accounts receivable. Are there any significant changes in the amount of loss allowances?
2. Using a company of your choice, compare bad debt % of the company with that of Adidas. What do we know from the difference?
INVENTORIES (SEE NOTE #10)
1. Explain different types of inventory accounts Adidas maintains.
2. What is allowance for obsolescence for inventories? Explain.
3. Using a company of your choice, compare % of allowance and inventory turnover ratio between the two companies. What do we know from the differences?
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Effective Writing A For Accountants
Authors: Claire B. May, Gordon S. May
9th Edition
0132567245, 9780132567244
