Difference in profitability between the two companies

Assignment Help Financial Accounting

Reference no: EM13171232

Go to each company's website and review the most recent financial statements for each company and answer the following questions.

What accounting standards are used?
What auditing standards are used by the external auditors?
Analyze and comment on the differences in the annual statements found on the companies' websites. Provide a few specific differences in content and format.
How comparable are these financial statements?
Prepare a table for a period of three years showing some key financial information for the two companies. Include at least four items from the balance sheet, four items from the income statement, and four items from the statement of cash flow. Having reviewed and analyzed the financial information, please elaborate on the following three questions.

1. Which one of the two companies is the most profitable?

2. Compare growth of revenues versus income over time and between the two companies

3. How can you explain the difference in profitability between the two companies?

4. Indicate in detail the information you used to answer the above questions.

Modular Case Assignment Expectations

It is important to answer the questions as posed. The discussion should be from 3 to 5 pages and written in a clear and concise manner. Support your discussion with references in APA format. You are encouraged to use Excel or other compatible spreadsheet when computations are involved.

Reference no: EM13171232

Questions Cloud

State an amphoteric compound exhibits acidic properties : An amphoteric compound exhibits a. acidic properties b. acidic and basic properties c. metallic properties d

What is the resulting ph of the solution : You have 100.0 mL of a solution of hydrochloric acid that has a pH of 3.00. You add 100.0 mL of water to this solution. What is the resulting pH of the solution?

Explain what is the sum of the coefficients : Write the balanced formula unit equation for the reaction of sodium with oxygen (use major product). What is the sum of the coefficients

Decomposition reaction and a reduction-oxidation reaction : Which of the following is both a decomposition reaction and a reduction-oxidation reaction? a. H2CO3(aq) --> Co2(g) + H2O(l) b. Zn(s) + SuNO3(aq) --> Cu(s) + ZnNO3 (aq) c. Ca(OH)2(aq) + 2HCl(aq) --> CaCl2(aq) + 2H2O(l)

Difference in profitability between the two companies : Compare growth of revenues versus income over time and between the two companies and how can you explain the difference in profitability between the two companies?

Hardness in groundwater is due to the presence of metal ions : Hardness in groundwater is due to the presence of metal ions, primarily Mg2 and Ca2 . Hardness is generally reported as ppm CaCO3 or mmol/L Ca2

Compute the ph at the before titration : Calculate the pH at the following points a. Before Titration b. After the addition of 5.00mL of NaOH c. After the addition of 25.00mL of NaOH d. After the addition of 50.00mL of NaOH e. After the addition of 5.00mL of NaOH

Define the factors that affect rate and relative reactivity : Explain the factors that affect rate and relative reactivity. Use a mechanism(s) and reactions to support your claims.

State the factors that affect the acidity of carboylic acids : Explain the factors that affect the acidity of carboylic acids. Why does this matter/ give evidence to support your claims and use a reaction

User Account

All Pages