Purpose: To help you understand and compare the performance of two companies in the same industry. Find

Question:

Purpose: To help you understand and compare the performance of two companies in the same industry.
Find the Bombardier Annual Report, Year Ended January 31, 2011, located in My Accounting Lab and go to the Notes to Consolidated on page 170. Now access The Boeing Company’s 2010 Annual Report. To do this from the internet, go to their webpage for the Investor Relations at www.boeing.com/companyoffices/ financial/quarterly.htm and, under Annual Report, go to the 2010 Annual Report.
Requirement
Find the section in the notes for each company where the company discusses its Property, Plant, and Equipment, net. Also find the section where the company discusses . Compare the two and note any major differences. Also examine the depreciation and amortization policies used by the two companies. What are some differences between these two companies related to these policies?
Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented... Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...