Required:
(1.) You are required to conduct a comparative, critical, assessment of the financial management of two global multinational companies, GKN (U.K) and Boeing (U.S.A), and to present your results in a written report.
(2.) Your report should include estimation of accounting measure(s) of value for both companies, if /where relevant.
(3.) Your report should critically assess the efficacy of strategic measures taken by both companies to create shareholder value.
(4.) Your report should discuss the capital structure of each company and critically assess each company’s capital structure with reference to the current academic literature on this subject.
(5.) Your report should discuss the rationale for and success of stock-market related measures by both companies undertaken to return value to shareholders. This discussion may make some reference to academic literature.
(6.) Assume GKN (U.K), owns 100% of a subsidiary GKN Ireland. In the nine months to end- September 2017 GKN Ireland earned €34,000,000 net income. GKN, (U.K) wants to transfer half- of its Irish earning to the UK either (1.) by cash dividend or (2.) by 50% cash dividend and 50% royalty payment. Irish corporation tax is 12.5% and UK corporation tax rate is 19%. Which option should it choose? Recommend a course of action and justify your choice.
Submit by May 7, 2018, via loop. ***This date subject to final confirmation Your report should be @ 3,000 words. Supporting material – eg screen snips of excel workfiles etc. with details of your analytical work, should be included in Appendices of Report and are excluded from the word count. This assessment is 75% of module grade
Template Financial Statements IAS 1 (2)