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Accounting experts! Need help analyzing Form-10K!
05-05-2009, 06:16 PM
Post: #1
Accounting experts! Need help analyzing Form-10K!
I would really appreciate some help from you experts! [I]

I have to analyze this Form-10K and have a problem with a few things.

The 10K is here http//investors.penskeautomotive.com/secfiling.cfm?FILINGID=1362310-09-3530&

Questions I'm hacing problems with

Summary of Accounting Policies
1. How many accounting policies are explained? Give a few examples.
2. How are the inventories stated?
3. Over how many years are intangible assets being amortized?
4. Are issues related to inflation discussed? What was said?
5. Are issues related to foreign transactions discussed? What was said?


Can anyone help me out? I would GREATLY appreciate it!
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05-06-2009, 10:05 AM
Post: #2
 
someone help a girl out! Pleeease!
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05-07-2009, 01:52 AM
Post: #3
 
Following are only some hints;

1. See Page 32.
2. See Page F-10.
3. See page F-11, F-15 also definition of FAS 142-3.
4. See Page 49.
5. See Page 51, and Page F-12.

Do more search along the same lines provided in above hints.

I hope it helps.
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