Purpose: To help you understand and compare the performance of two companies in the same industry. Find
Question:
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 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?
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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