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5 Assignment 1

2. Given that GASB is related to FASB through their common oversight board, research GASB’s plans for its hierarchy of accounting sources. Identify where you found that information.

4. Review Wal-Mart’s financial reports for the last three years, and perform a ratio analysis of them. In one paragraph, discuss the company’s financial situation. What databases and parts of that database did you use to find an answer?

17. Examine an analyst report on Ford Motor Company. Who wrote the report? Outline the major contents of the analyst report. Where did you find the analyst report?

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