What is a proxy statement


Consider the following questions:

1. What is a proxy statement? What information does it provide?

2. Define the terms working capital, current ratio, and acid-test ratio (or quick ratio).

3. Show the calculation of the following financing ratios: (1) the debt to equity ratio, and (2) the times interest earned ratio.

4. Where can we find authoritative guidance for balance sheet presentation under IFRS?

 

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Accounting Basics: What is a proxy statement
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