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The Alma Company and the Otis Corporation each reported the following: Required: A . Prepare a horizontal analysis on revenue, cost of goods sold and
The Alma Company and the Otis Corporation each reported the following:
Required:
A Prepare a horizontal analysis on revenue, cost of goods sold and net income and assess the results.
B Calculate all of the ratios presented in class for each company and assess the relative results. Round and state each ratio as presented in class.
C Based on your results in requirement B which company would you rather sell inventory to if sold on account make a longterm loan to andor invest in Briefly explain why for each.
D If Alma borrowed $ on a longterm loan in year how would that transaction impact each ratio calculated in requirement
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