Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 14381 Views
- HSBC, I also Faced
- E-Mail Answers
Answer Posted / prashant
Equity Debt ratio could be very less or may be Debt of XYZ
company could be higher then eq.
Company can show profit in the books of account in this
case. bt this case it is not good to invest. this may be the
reason.
| Is This Answer Correct ? | 1 Yes | 6 No |
Post New Answer View All Answers
What are the most basics financial statements prepared by the companies?
What are some of the objectives of LIC?
I buy a piece of equipment; tell me the impact on the 3 financial statements.
Full form of SIDBI? Does it play any role in removing unemployment?
What type of entry after consignment business starting?
In which year credit guarantee corporation was formed?
What Is The Role Of The National Supervisors?
What is the difference between FII and FDI
Differentiate between NIFTY and SENSEX?
What are the different business cycles?
What do you mean by financial accounting?
Why is kyc important?
What are banks?
What does money laundering involve?
What's Selling gold coins,insurance,mutual funds?
