As a team, select an industry to analyze (industry lists can be found at www.marl and ;

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As a team, select an industry to analyze (industry lists can be found at www.marl and ; click on companies and industries). Each team member should acquire the annual report or 10-K for one publicly traded company in the industry, with each member selecting a different company. (Library files, the SEC EDGAR service at www.sec.gov, Compustat CD, or the company websites are good sources.) On an individual basis, each team member should then write a short report answering the following questions about the selected company. 1. What specific revenue recognition rule does the company follow? 2. What is the receivables turnover ratio?

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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