Financial Accounting and
Reporting, A Global Perspective,
7th Edition by Hervé Stolowy
Complete Chapter Solutions Manual
are included (Ch 1 to 18)
** Immediate Download
** Swift Response
** All Chapters included
** Excel file Solutions
,Table of Contents are given below
1. Accounting: The Language of Business
2. Introduction to Financial Statements
3. Financial Statements: Interrelations and Construction
4. Accounting Principles and End-of-period Adjustments
5. Regulation of Accounting and Financial Reporting
6. Revenue Recognition Issues
7. Tangible Assets
8. Intangible Assets
9. Inventories
10. Financial Instruments in the Statement of Financial Position and Fair
Value Accounting
11. Shareholders’ Equity
12. Liabilities and Provisions
13. Business Combinations
14. Analysis of the Income Statement
15. Analysis of the Statement of Financial Position/Balance Sheet
16. Statement of Cash Flows Construction
17. Analysis of the Statement of Cash Flows and Earnings Quality
18. Ratio Analysis, Financial Analysis and Beyond
, Solutions to Chapter 18 – Ratio analysis, financial analysis and ESG analysis – p. 1/15
Solutions Manual organized in reverse order, with the last chapter displayed first, to
ensure that all chapters are included in this document.
(Complete Chapters included Ch18-1)
Solutions to Chapter 18 - Ratio analysis, financial analysis and ESG analysis
Elements of solutions
Assignment 18.1 Multiple-choice questions .......................................................................... 1
Assignment 18.2 Tesla* ......................................................................................................... 1
Assignment 18.3 Agfa Gevaert* ............................................................................................ 9
Assignment 18.4 South Petrol and North Petrol .................................................................. 11
Assignment 18.5 Microsoft Corporation* ........................................................................... 15
Assignment 18.1 Multiple-choice questions
A PowerPoint file is available for this assignment.
1. c 6. b
2. c 7. b
3. d 8. b
4. b 9. d
5. a 10. d
Assignment 18.2 Tesla*
Topic: Ratio analysis
Level of difficulty: High
A PowerPoint file is available for this assignment.
, Solutions to Chapter 18 – Ratio analysis, financial analysis and ESG analysis – p. 2/15
Consolidated statements of operations (in millions of US$)
Year ended December 31, 2022 2021 2020
Revenues
Automotive sales 67,210 44,125 24,604
Automotive regulatory credits 1,776 1,465 1,580
Automotive leasing 2,476 1,642 1,052
Total automotive revenues 71,462 47,232 27,236
Energy generation and storage 3,909 2,789 1,994
Services and other 6,091 3,802 2,306
Total revenues 81,462 53,823 31,536
Cost of revenues
Automotive sales 49,599 32,415 19,696
Automotive leasing 1,509 978 563
Total automotive cost of revenues 51,108 33,393 20,259
Energy generation and storage 3,621 2,918 1,976
Services and other 5,880 3,906 2,671
Total cost of revenues 60,609 40,217 24,906
Gross profit 20,853 13,606 6,630
Operating expenses
Research and development 3,075 2,593 1,491
Selling, general and administrative 3,946 4,517 3,145
Restructuring and other 176 (27) 0
Total operating expenses 7,197 7,083 4,636
Income from operations 13,656 6,523 1,994
Interest income 297 56 30
Interest expense (191) (371) (748)
Other (expense) income, net (43) 135 (122)
Income before income taxes 13,719 6,343 1,154
Provision for income taxes 1,132 699 292
Net income 12,587 5,644 862
The total revenues from the year ending 31 December 2019 were 24,578.
