Files to Download:
New England Trust Case.pdf
Submission:
This case does not require calculations. The case runs from the bottom of page 85 through page 90 on the PDF
above.
On page 86, there are 10 company financial statements with no name assigned to them. The case in the PDF
-contain company
descriptions that provide clues to determine which "mystery company" matches to the company's
financial information. A 1 page
write-up is required where you will show your mix-and-match selections "AND"
with explanations of
what terms, information, or other you used to determine the company that matched with the
selected number
. No math work is done on your part in this case; only accounting knowledge of accounts and usage
of the
clues presented in the company descriptions.
For example: Fine arts and foundations likely cannot run profitably on their own; and often require outside funding
or donations. So here, expect operating income to be negative, and once non-operating income is taken in account,
they may breakeven.
Check Figure Given:
Mystery Company #4 - The Ford Foundation
Criteria used to determine this: Large estment pool, negative operating income, and non-operating gains
reported.