Question: Nestls financial statements are presented in Appendix B. Financial statements for Zetar are presented in Appendix C. Instructions (a) Based on the information contained in

Nestlé’s financial statements are presented in Appendix B. Financial statements for Zetar are presented in Appendix C.

Instructions
(a) Based on the information contained in these financial statements, determine each of the following for each company for the most recent fiscal year shown.
(1) The percentage increase (decrease) in

(i) Net sales and

(ii) Net income.
(2) The percentage increase in

(i) Total assets and

(ii) Total ordinary shareholders’ equity.
(b) What conclusions concerning the two companies can be drawn from these data?

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a b The two companies net sales increased by roughly the same percentage However it appear that Nest... View full answer

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