Explain how mathematics is used in the preparation of financial statements.

Download the most recent Annual Report from your chosen company’s Web site; this is commonly located on the Investor Relations page. Prepare a report analyzing business mathematics concepts. Be sure to include the following in your report:click here for more information on this paper

 

Explain how mathematics is used in the preparation of financial statements.

Discuss examples of business problem solving using mathematics from the Annual Report.

Explain the cost recovery methods used in the Annual Report, and indicate how these are factored into the Balance Sheet and Income Statement.

Discuss the types of indebtedness reported on the Balance Sheet and how the interest is computed.

Prepare and explain a horizontal analysis of the Balance Sheet for all years presented in the Annual Report.

Prepare and explain a vertical analysis of the Income Statement for all years presented in the Annual Report.

Explain the importance of using ratios and percentages in communicating financial results.click here for more information on this paper

 

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