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• Review financial statements for two years. • Make a comparison of the following items and note trends.• Revenues;• Cost of good sold• Accounts receivable• Accounts payable• Inventory
• discuss and interpret the changes over the two-year period. • Which company is the best performer and why? • How is this information useful from a managerial perspective? • Explain your reasoning and support your conclusions with the numbers you have pulled out for the comparison above. • Don't forget to comment on the interaction of the balance sheet and income statement.• Keep in mind the differences between contribution margin and absorption income statements.
Modular SLP Assignment Expectations
Always include the name of the organization(s), time period covered and source of information. It is important to answer the questions as posed. The document should be from 2 to 4 pages and written in a clear and concise manner. Don't forget to include tables as required. Support your discussion or tables with references in APA format. You are encouraged to use Excel or other compatible spreadsheet when computations are involved. You can turn in the spreadsheet instead of the Word document. The content should be equivalent to the page length suggested for a word processing document.
Financial Statement Analysis and Preparation
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