Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Write the same two paragraphs about the BACKGROUNS AND INDUSTRY as shown below of Sprint Corporations and Verizon Communications with the same financial information but

Write the same two paragraphs about the BACKGROUNS AND INDUSTRY as shown below of Sprint Corporations and Verizon Communications with the same financial information but specific numbers of Sprint Corporations and Verizon Communications.

Originally organized as Caterpillar Tractor Co. in 1925 in the State of California, a company was reorganized as Caterpillar Inc. in 1986 in the State of Delaware. With 2015 sales and revenues of $47.011 billion, Caterpillar is the worlds leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment. Caterpillar is also a leading U.S. exporter. Through a global network of independent dealers and direct sales of certain products, Caterpillar builds long-term relationships with customers around the world. The common stock of this company is $1.00 par value. It has 105,700 employees (Dec, 2015), net income is $2,1 billion (2015), operating income is $5,628 billion (2015). The Company demonstrates its financial results annually on SEC 10K.

Deere & Company (brand name John Deere) was founded in 1837 in Grand Detour, Illinois. It is an American corporation that manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment, and lawn care equipment. In 2014, it was listed as 80th in the Fortune 500 America's ranking and was ranked 307th in the Fortune Global 500 ranking in 2013. John Deere also provides financial services and other related activities. Deere is listed on the New York Stock Exchange under the symbols DE. The company's slogan is "Nothing Runs Like a Deere", and its logo is a leaping deer, with the words 'JOHN DEERE' under it. The common stock of this company is $1.00 par value. It has 57,180 employees (Dec, 2015), sales and revenues are $28,863 million (2015), net income is $1,940.9 million (2015), operating income is $3,460 billion (2015). The Company demonstrates its financial results annually on SEC 10K.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets Instruments And Institutions

Authors: Anthony M. Santomero, David Babbel

2nd Edition

0072358688, 9780072358681

More Books

Students also viewed these Finance questions

Question

What was Aristotles approach to the soul body question?

Answered: 1 week ago