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3.3 Standardized Financial Statements. Go to www.att.com and find the income statements and balance sheets for the two most recent years at this link. Using
3.3 Standardized Financial Statements. Go to www.att.com and find the income statements and balance sheets for the two most recent years at this link. Using this information, prepare the common-size income statements and balance sheets for the two years.
3.4 Asset Utilization Ratios. Find the most recent financial statements for Walmart at www.walmart.com and Boeing at www.boeing.com. Calculate the asset utilization ratio for these two companies. What does this ratio measure? Is the ratio similar for both companies? Why or why not?
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