SNHU Short Paper: Global Cash Management in Multinational Corporations

Prompt:

First, review Jones Lang Lasalle’s (JLL) annual financial statements. Specifically, review data on cash held by the parent subsidiaries (sometimes quarterly statements offer more information on this part). Next, briefly describe the options data you found and address the following:

 Cash: Is your selected company holding too much cash? If so, why? Examine the cash account on balance.

 Foreign Subsidiaries: Does the company list specific accounts for its foreign subsidiaries? If yes, what accounts does the company list for them? If they are not listed, how does the company account for them? (See the notes section on the balance.)

 Cash Repatriation: What specific procedures is the company describing in its annual financial statements for cash repatriation? Briefly describe.

 Tax Burden: What was the current year tax burden for your company in the United States?

Guidelines for Submission: The short paper should follow these formatting guidelines: 1–2 pages in length, double spaced, 12-point Times New Roman font, one-inch margins, and citations in APA style.

 

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