Economics Homework Help

I need this to be 100% plagiarism free.

Must use at least 3 different scholarly references.

Must include reference page.

Must include introductory and conclusion paragraph.

For this assignment, you will analyze and interpret the impact of a firm’s multinational operations on tax rates and financial results

For Apple Inc. and Microsoft Corp. Obtain the 10-K reports for the companies for the latest year.

In your paper,

• Determine what method each company is using to record foreign currency transactions and foreign currency translation. Support your determination with citations from the 10-K reports of each company.
• Identify the assets of each company identified as foreign currency derivatives hedges.
• Identify the liabilities of each company identified as foreign currency derivative liabilities.
• Explain the impact on each company’s taxes due to multinational operations.
  • Be sure to indicate the direction (positive or negative) of the effect of tax rates in foreign jurisdictions on each company’s effective tax rate.
• Review the information provided and determine how much of each company’s business occurs in non-US locations.
  • Identify the non-US locations.
  • Identify the most significant non-US location.
• Explain how much of each company’s sales growth in the most recent fiscal year is due to foreign exchange rates using the management discussion and analysis (MD&A) section of the reports and the supplementary schedules.
• Compute the gross profit margin, operating profit margin, and net profit margin for these two firms.
• Compare the margins of the two firms (“Item #8”)
• Explain the impact of each company’s foreign currency and hedging transactions (gains or losses) on the margins of each firm computed in Item #8.
• Compare the margins of the two firms, including the relevant information about the impact of foreign currency and hedging transactions.
• Adjust the earnings of each company to remove the foreign currency and hedging transactions.
  • Restate the earnings on both a pre-tax and after-tax basis.
• Recalculate the gross profit margin, operating profit margin, and net profit margin for these two firms based on the adjusted earnings.
• Compare the adjusted margins of the two firms.
• Within these four pages, provide data tables and calculations. These tables and calculations should be approximately 30% of the total work product.