1A. Select a publicly traded company and access the company’s most recent annual report (select the “Investors” menu item). Locate the notes to the financial statements and identify the information topics disclosed in these footnotes and explain the reasons for disclosure.

1B. An American company is considering entering into a joint venture with a firm in another country (please select another country of your choice). Describe what cultural and accounting practice differences each party should consider and explain why.

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