Managerial Accounting Group Project Select a publicly traded company as well as one of their competitors within the same industry and gather the latest two years of their financial statements. Prepare a horizontal analysis, vertical analysis, common-sized statement, and the following ratios: current ratio, cash ratio, acid-test ratio, inventory turnover ratio, days' sales in inventory ratio, days' sales in receivables, and the gross profit percentage (if you feel that additional ratios will support your findings in relation to the overall financial state of the company feel free to include them in your analysis). Upon completion of your financial analysis, prepare a 1-2 page discussion of your findings. Discuss the overall financial state of your chosen company as well as the financial state of their competitor including some key differences between the companies and recommendations for making improvements within your chosen company. 12 Moths Ended CONSOLIDATED STATEMENTS OF OPERATIONS- USD (S) shares in Thousands, Sin Millions Not sales Cost of sales Gross margin Operating expenses: Sep 28, 2019 2014 161.70 Sep 29, 2018 $265.595 163,756 101.8.19 14.236 16.705 30941 Research and development Selling general and administrative Total operating expenses Operating income Other income expense), net Income before provision for income taxes Prowision for income taxes Net income Earnings per share: 16917 18 245 34.42 61910 1807 65.737 10451 2.005 72903 13.372 $ 59,531 S56356 $11.97 Basis in dollars per share) Diluted in dollars per share) Shares used in computing earnings per share: $ 12.01 $11.91 475177504 4945 377 5.000.109 Basic in shares) Diluted in shares) Products Net sales Cost of sales Services S2133 144.995 $225,847 148,164 691 S16785 39.748 $15.992 Cost of sales w Done Managerial Accounting Group Project Select a publicly traded company as well as one of their competitors within the same industry and gather the latest two years of their financial statements. Prepare a horizontal analysis, vertical analysis, common-sized statement, and the following ratios: current ratio, cash ratio, acid-test ratio, inventory turnover ratio, days' sales in inventory ratio, days' sales in receivables, and the gross profit percentage (if you feel that additional ratios will support your findings in relation to the overall financial state of the company feel free to include them in your analysis). Upon completion of your financial analysis, prepare a 1-2 page discussion of your findings. Discuss the overall financial state of your chosen company as well as the financial state of their competitor including some key differences between the companies and recommendations for making improvements within your chosen company. 12 Moths Ended CONSOLIDATED STATEMENTS OF OPERATIONS- USD (S) shares in Thousands, Sin Millions Not sales Cost of sales Gross margin Operating expenses: Sep 28, 2019 2014 161.70 Sep 29, 2018 $265.595 163,756 101.8.19 14.236 16.705 30941 Research and development Selling general and administrative Total operating expenses Operating income Other income expense), net Income before provision for income taxes Prowision for income taxes Net income Earnings per share: 16917 18 245 34.42 61910 1807 65.737 10451 2.005 72903 13.372 $ 59,531 S56356 $11.97 Basis in dollars per share) Diluted in dollars per share) Shares used in computing earnings per share: $ 12.01 $11.91 475177504 4945 377 5.000.109 Basic in shares) Diluted in shares) Products Net sales Cost of sales Services S2133 144.995 $225,847 148,164 691 S16785 39.748 $15.992 Cost of sales w Done
