Question

You are considering investing in Eli Lilly, a major pharmaceutical company. As part of your investigation of Lilly, you obtained the following balance sheets for the years ended December 31, 2012 and 2011 (dollars in millions):

.:.
REQUIRED:
a. Compute the dollar change in each account from 2011 to 2012. Also compute the percentage change in each account from 2011 to 2012.
b. Convert the balance sheets to common-size balance sheets. Also compute the percentage change in the common-size numbers of each account from 2011 to 2012.
c. Does the information in (b) provide any additional data to that in (a)? Explain.



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  • CreatedAugust 19, 2014
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