Question

Question 1 (25 marks) Compare and contrast the Balance Sheet of Colgate-Palmolive with the Balance Sheet of the City of Dallas Governmental-Type Funds for 2020 (25 marks). Question 2 (25 marks) Compare and contrast the Income statement of Colgate-Palmolive with the City of Dallas Statements of Revenue, Expenditures and Changes in Fund Balances for 2020 (25 marks) Guidance Note: This is a descriptive financial analysis; no data analysis is required. This question requires us to compare and contrast a governmental fund balance sheet and Statements of revenue, expenditures and changes in fund balance with the business equivalents in the for-profit sector