Question: Much information about specific companies is available on the Internet. Such information includes basic descriptions of the companys location, activities, industry, financial health, and financial

Much information about specific companies is available on the Internet. Such information includes basic descriptions of the company’s location, activities, industry, financial health, and financial performance.

Address: biz.yahoo.com/i, or go to www.wiley.com/college/weygandt

Steps

1. Type in a company name, or use index to find company name.

2. Choose Profile. Perform instructions (a)–(c) below.

3. Click on the company’s specific industry to identify competitors. Perform instructions (d)–(g) below.

Instructions

Answer the following questions.

(a) What is the company’s industry?

(b) What is the company’s total sales?

(d) What are the names of four of the company’s competitors?

(e) Choose one of these competitors.

(f) What is this competitor’s name? What are its sales? What is its net income?

(g) Which of these two companies is larger by size of sales? Which one reported higher net income?

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