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Choose two firms that compete within the same industry (e.g., J.C. Penney and Sears, Johnson & Johnson and Merck, Ford and GM). Go to each
- Choose two firms that compete within the same industry (e.g., J.C. Penney and Sears, Johnson & Johnson and Merck, Ford and GM).
- Go to each firm's website, and then access and download their annual reports (financial statements).
- Using the accounting data from the firms' financial statements and the ratios studied in Chapter 9 of the textbook, calculate all ratios for each firm (liquidity ratios, activity ratios, profitability ratios, leverage ratios, and coverage ratios).
- Analyze and compare your calculations for the two firms.
- Please list websites.
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