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Find data from the financial statements for a large corporation such as Toyota, General Motors, Tesla, Walmart, McDonalds or Amazon by searching the web.
Find data from the financial statements for a large corporation such as Toyota, General Motors, Tesla, Walmart, McDonalds or Amazon by searching the web. Use the data for a single year such as 2019 to determine how profitable the Corporation was in that financial year. Recall what you learnt in chapter 3 to measure profitability using at least three different measures. 1. Explain how each of the measure you use is an acceptable accounting measure of profitability. 2. Compare with two acceptable benchmarks: industry average/peer group and the company's own average for the previous 10 years 3. Provide a table of the raw data you use and the source of your data 4. Write a summary paragraph
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