THOMAS ACC102 MODULE 3 DISCUSSION

| June 3, 2016

Question
Discussion Forum 2

In Discussion Forum 2, post your response to the following discussion activity. Reply toat least two classmates’ responses by the date indicated in the course Calendar.

Note: The discussion activity is based on Exercise 15.2, “External Financial Reports and Globalization,” inFinancial and Managerial Accounting: The Basis for Business Decisions, 16th ed., by Williams et al., page 707.

Choose a publicly traded global company that you think you might want to invest in some time in the future.
Search the Internet—including the company’s own Web site—for information about the company, and access its annual report.
In Discussion Forum 2, post your response to the following questions. Please title your posting “Exercise 15.2/[Your Name].” Read and comment on your classmates’ postings.
In which geographical regions does the company operate?
What is the proportion of total sales represented by foreign sales? How has this changed over the past five to ten years?
What efforts has the company recently undertaken to increase or decrease globalization (e.g., joint ventures, licensing agreements, etc.)?
What are the company’s hedging practices and policies?
Have any overseas activities been unsuccessful, discontinued, or resulted in asset losses? If so, what happened?

Overall, how aggressively do you feel this company is pursuing globalization?

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