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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?

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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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