Question
1. Pick 2 publicly traded companies that you are interested in. Find their financial statements (links to these statements are available on most financial websites
1. Pick 2 publicly traded companies that you are interested in. Find their financial statements (links to these statements are available on most financial websites as well as the investor relationship pages of the firms website). Look at the financial statements and find out what has happened over the past two years to the firms total liabilities and stockholders equity, revenues, major costs and expenses, net income and cash position. Discuss what these figures tell them about the companys financial performance and current financial position. How do the two companies compare?
2. Describe what information the balance sheet, income statement, and statement of cash flows provides. How is this information used?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started