Nestlé's financial statements are presented in Appendix B. Financial statements for Petra Foods are presented in Appendix

Question:

Nestlé's are presented in Appendix B. for Petra Foods are presented in Appendix C.
Instructions
(a) Based on the information contained in these determine each of the following for each company for the most recent fiscal year shown.
(1) The percentage increase (decrease) in
(i) Net sales and
(ii) Net income.
(2) The percentage increase in
(i) Total assets and
(ii) Total ordinary shareholders' equity.
(b) What conclusions concerning the two companies can be drawn from these data?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...