Write a report analyzing the financial performance and financial position of two similar companies in the same
Question:
Write a report analyzing the financial performance and financial position of two similar companies in the same industry.
Your report should utilize profitability, efficiency, short and long-term liquidity ratios, and information in the statement of cash flow including reference to matters that may give cause for concern to the companies selected, and discuss the difference between accounting profit and cash position of the companies selected. Your analysis should include shortcomings of using ratios to analyze the financial position of companies and discussion on non-financial factors consideration, with examples and appropriate in-text citation.
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine