Reference no: EM13141992

Using the World Wide Web, select two companies that are approximately the same size and that are in the same industry 
Analyze their financial statements for the two most recent annual accounting periods. Your analysis should compare the companies to each other and between periods, indicating which company is in the best financial position. 

The project will be marked considering the following (See figure 5.2 on page 214 of the text): 
Company selection 
Short-term liquidity analysis 
Operating efficiency (Activity) analysis 
Capital structure and long-term solvency (Leverage) analysis 
Profitability analysis 
Du Pont and market ratio analysis 
Quality of financial reporting 
Comparative analysis - should include discussion of whether the share price measures line up with your other assessments 
Please include copies of the financial statements (attached as a file, if possible in .pdf format) or, alternatively, provide references to the corporate Web sites and be as specific as possible. Each analysis should have appropriate appendices showing your calculations and your work. Please ensure that your solution can be easily traced back to the original financial statements. Thus, your entire analysis should be no more than 2000 words, not including any attached appendices.