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Submitted By gigi77
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Memorandum
TO: Whom this may concern, Dell Inc.
FROM: Chelsea Dobson
DATE: March 30, 2013
SUBJECT: Business Risk Assessment of Dell Inc.
Dell Inc. is a worldwide provider of innovative technology products and services that enable customers to do more. Dell offers a broad range of product categories, including servers and networking products, storage, mobility products, desktop PCs, software peripherals, and service. The company conducts operations worldwide. The net revenue for fiscal 2011 was $61.5 billion and net income was $2.6 billion.
Dell common stock is traded on the NASDAQ national market, and Dell is required to have an integrated audit of its consolidated financial statements and its internal control over financial reporting in accordance with the standards of the PCAOB. As of the close of business on March 4, 2011, Dell had almost two million shares of common stock outstanding with a trading price of $15.60.
Based on the information I have obtained from Dell’s website, their risk is relatively low. Their revenue is at a good standing of $61.5 billion and net income is at a reasonable $2.6 billion for the year 2011. They have consistent profitability relative to other firms of their competition. Operating results are low sensitive to economic factors with no reoccurring problems. They have adequate accounting skills of management with their cost leadership strategy that they obtain. Their products are known worldwide and they always are developing new products. They were no misstatements that I could find in their financial statements. Their transactions were understanding to audit and very easily obtained for my information. They are at low risk for stock trading with NASDAQ. I, Chelsea Dobson, approve this audit to my opinion which it is based and see that Dell Inc. is low

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