1. Real-world financial statements do not follow a cookie-cutter design: each one is a little bit different. The same account may be called something different on different firms' statements, and some items are firm- or industry-specific. When working with financial statements, we must get used to this and it can be challenging.

Look up a real-world financial statement and find an account name that you haven’t seen before or are unclear of its meaning. Post the account name, the company name, which financial statement it is from and what time period the statement is from (including a link or file will be helpful). Then figure out and explain what you think it means in your own words.

Must be different from the following companies:

Apple

Amazon

Starbucks

TSLA

UPS

Ormat Technologies, Inc.

Chevron Corporation (CVX)

2. Give an example of a real-world merger that you consider to have been successful. Explain why you consider it to have been successful. In general, what do you think the criteria should be to evaluate whether a merger is successful? Comment on other students' posts to discuss whether you agree or disagree and why.

Answer rating: 100% (QA)

Discussion 1 Financial statements are a crucial instrument for studying the health and position of a company It shows many information and accounting ... View the full answer