Go to the website www.sec.gov to find the financial statements. Using the financial statements for Xerox Corp
for quarters during 1997 through 1999 or use the current financial statements for either Ford Motor Co. or WFC
Holdings Corp. Include a short analysis of the impact of misleading financial reporting on the ratio you choose
by choosing one of the earnings manipulation techniques discussed in Schilit and then demonstrating the
impact on your ratio by assuming the firm you chose misreported an item by $1 billion in one of the accounting
periods you analyze.
One possible example would be that they reported bogus revenue. In that case you would add $1 billion to
revenues and $1 billion to accounts receivable for one of the periods and see how that affects the time series
analysis of your ratio. Your grade will be based on analyzing steps 1-8 plus the analysis of the impact of
misleading financial reporting.
Purchase Nothing Year GuidesorSubmit my paper for examination purchase nothing for a yearToday, it appearsA to be practically outlandish that an individual can live in a major city without buyZing anything. City inhabitants are continually encompassed with numerous potential sorts of merchandise, administrations, and diversion. Without acknowledging it, individuals will in general waste critical measures of cash on practically useless buys, similar to drinks at a bar, or film tickets, or shopping. In any case, two individuals from Calgary, Canada, oversaw not exclusively to acknowledge it, yet additionally broke liberated from the hover of endless utilization. Their examination endured a year, and was known as the Buy Nothing Year. Geoffrey Szuszkiewicz and Julie Phillips, a bookkeeper and a correspondence consultant, began to figure their benefits and consumptions; sooner or later, they understood they were spending a great deal of cash on articles and administrations they didn't require. For example, Geoffrey would spend about $150 month to month (Julie would burn through $250) on a hair style in a salon, and Julie would normally go to eateries and bars with her companions (Forbes). Along these lines, to keep away from pointless uses, Geoffrey and Julie began to live respectively (she leased a room in his condo), and eliminated all articles they used to burn through cash on. Synthetic compounds for family errands, gas, eating out, getting hair styles in salons, and different exercises and buys individuals in Calgary become accustomed to making ended up requiring enormous measures of cash. Geoffrey and Julie looked for options; for instance, they strolled or biked as opposed to utilizing their autos. Step by step, they figured out how to live without buying things that practically any resident thinks about important; they just went to supermarkets to purchase nourishment. At the point when the Buy Nothing Year venture had hurried to its end, Geoffrey and Julia determined their investment funds. It turned out during the year, Geoffrey had spared $42,300. Julie, in her turn, had spared $13,800. Them two state they have gotten numerous valuable aptitudes consistently: to live just on what is fundamental, thriftiness, overseeing cash, and other valuable attributes that will assist them with thinking about cash less, and center around what they like doing. Geoffrey's and Julie's experience shows how in any event, living in a created nation, where promoting and utilization have arrived at its pinnacle, an individual can in any case stay careful and keep up power over their consumptions. Social obligations and correspondence appear to be firmly associated with going through cash—feasting out with companions, sitting in bars, setting off to the film, etc and in this way declining them might be troublesome. In any case, the results merit the hazard. References "The Buy Nothing Year: How Two Roommates Saved More than $55,000." Forbes. Forbes Magazine, n.d. Web. 30 Sept. 2014. . exposition about li>GET ANSWER