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What problem arises for comparing Exxon Mobil Corporation (United States) and BP PLC (United ...

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What problem arises for comparing Exxon Mobil Corporation (United States) and BP PLC (United ...

What problem arises for comparing Exxon Mobil Corporation (United States) and BP PLC (United Kingdom) financial statements?

▸ different reporting currencies between the two countries

▸ Exxon Mobil Corporation and BP PLC are each listed on the stock exchange in their respective country.

▸ different accounting standards between the two countries

▸ different tax rates between the two countries

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Corporate Finance

Edition: 5^th

Author: Booth

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