Purpose To help you understand and compare the performance of
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 Financial Statements. Now access The Boeing Company's 2010 Annual Report. To do this from the internet, go to their webpage for the Investor Relations at http://www.boeing.com/companyoffices/financial/quarterly.htm and under Annual Report, go to the 2010 Annual Report.
Requirement
Calculate the debt to total asset ratio (total liabilities to total assets) for both companies for the past two years. Generally speaking, what does this ratio tell you? Using these calculations, what comments can you make about these two companies?
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help