The companies are Harley Davidson vs Piaggio

Analysis of financial statements commonly includes ROE disaggregation and scrutiny of its components as ex- plained in this module. 1. Compute ROE for all three years reported on the income statement. (Hint: Do your companies report noncon- trolling interest on the income statement and balance sheet? If so, make certain to use income available to the controlling interest (NICI) in the numerator and equity of the controlling interest (CI) in the denominator. To compute ROE for three years, we must determine average stockholders' equity for three years, which means we need four balance sheet amounts. Because the balance sheets of each company will report only two years, we must collect prior years' financial statements.) Analysis of financial statements commonly includes ROE disaggregation and scrutiny of its components as ex- plained in this module. 1. Compute ROE for all three years reported on the income statement. (Hint: Do your companies report noncon- trolling interest on the income statement and balance sheet? If so, make certain to use income available to the controlling interest (NICI) in the numerator and equity of the controlling interest (CI) in the denominator. To compute ROE for three years, we must determine average stockholders' equity for three years, which means we need four balance sheet amounts. Because the balance sheets of each company will report only two years, we must collect prior years' financial statements.)