What is net income for 2015, accounting homework help


1. What is net income for 2015?

2. How much is invested in property & equipment (tangible assets) for 2015?

3. What type of opinion did the auditing firm issue on the financial statements?

4. Who is the Chair of the Board of Directors?

5. Why did profit decrease 7% from the year before?

6. Since this is not a U.S. based company, GAAP is not followed. So which financial standards are followed?

7. How much cash was used to purchase the Hotel Ritz (Madrid)?

8. Which depreciation method is used for tangible assets?

9. What are the financial risk factors the company experiences?

10. How much money did the company make in 2015 from operations?