08 Dec Interpreting Financial Statements
Order Instructions
Below you will see CT10.4 that the instructions are referencing. Attached you will see all of the guidelines and instructions for the benchmark.
CT10.4You can use the Internet to employ comparative data and industry data to evaluate a company’s performance and financial position.
Instructions
Identify two competing companies and then go to the MarketWatch website. Type in the company name in the search box (e.g., Best Buy) and then use the information from the Profile tab to answer the following questions.
Evaluate the company’s liquidity relative to the industry averages and to the competitor that you chose.
Evaluate the company’s solvency relative to the industry averages and to the competitor that you chose.
Evaluate the company’s profitability relative to the industry averages and to the competitor that you chose.
The purpose of this assignment is to employ accounting principles and relevant business practices to evaluate a company’s performance and financial position through a comparison to industry data.
Locate the Critical Thinking CT 10.4 problem at the end of Chapter 10 in the textbook. This will serve as the structure for your assignment. Begin by choosing two competing publicly traded companies from the list below.
Coca-Cola and PepsiCo
Walmart and Target
Nike and Adidas
For the pair of companies selected, you will need to use each company’s stock symbol to locate the liquidity, solvency, and profitability ratios on the MSN Money website. As part of your research, you will need to identify each company’s stock symbol for the American market.
Review the competing companies’ ratios provided at the MSN Money website https://www.msn.com/en-us/moneywww.msn.com . Navigate to My Watchlist and enter the name of the company in the Quote Search. Identify and select the correct stock symbol.
Under the “Analysis” heading, use the Growth, Profitability, Price Ratios, Financial Health, Trading Statistics, and Management Effectiveness information to complete a 750-1,000 word comparison addressing the following:
Evaluate each company’s liquidity relative to its competitor using at least three ratios
Evaluate each company’s solvency relative to its competitor using at least two ratios
Evaluate each company’s profitability relative to its competitor using at least three ratios
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.