Case- XYZ ltd an IT company is not an MNC based in the USA.
ABC ltd an IT company is an MNC based in Germany.
The Germany company wants takeover the USA company.When the
ABC ltd scans XYZ ltd company's financial statements it
shows profit (no fraud or infringement was made in accounts
of XYZ ltd).But the finance department of ABC ltd says the
XYZ ltd financial statements show various losses.
Question- Cite four reasons why XYZ ltd shows loss, while it
has made profit?
- 10 Answers
- 11345 Views
- HSBC, I also Faced
- E-Mail Answers
Answer Posted / abhishek dutta
I feel it can be Due to :
1. Improper Market Condition in US
2. Poor Technology in use which needs to be replaced by
Modern and Updated TEchnology and incurring huge
expenditure on installation and training the Present
Employees.
3. Employee attitude towards the organisation and work
environment .
| Is This Answer Correct ? | 2 Yes | 7 No |
Post New Answer View All Answers
What Is A Discharge?
What has the market been doing? Why? What do you think it will do in the coming 12 months?
Which committee had worked for the recapitalisation of regional rural banks (rrb’s)?
What are public deposits? Why do companies find public deposits attractive?
What is the risk coverage of PM Jeevan Jyoti Bima Yojana?
If you take home loan for 10 lacs and what is the margin?
What are mutual funds? Why are mutual funds better than stocks?
Do you know what the different sources of government income are?
What is the age limit for the clerk recruitment in tmb?
How will you define public expenditure?
Tell about the different types of banks?
What are the problems in CIBIL updation? How will you convince your angry customer whose name is default list even after repayment of complete loan?
Differentiate between micro credit and micro finance?
How can the analysis of financial statements be carried out?
Mention the difference between bills payable and bills receivable?
