Much information about specific companies is available on the Internet. Such information includes basic descriptions of the company’s location, activities, industry, financial health, and financial performance.

Address: biz.yahoo.com/i, or go to www.wiley.com/college/weygandt

Steps

  1. Type in a company name, or use index to fi nd company name.
  2. Choose Profile. Perform instructions (a)–(c) below.
  3. Click on the company’s specific industry to identify competitors. Perform instructions (d)–(g) below.

Instructions

Answer the following questions.

  (a) What is the company’s industry?
  (b) What was the company’s total sales?
  (c) What was the company’s net income?
  (d) What are the names of four of the company’s competitors?
  (e) Choose one of these competitors.
  (f) What is this competitor’s name? What were its sales? What was its net income?
  (g) Which of these two companies is larger by size of sales? Which one reported higher net income?