RELIABLE ENGINEERS case study.pdf - Jasmine Smith ENCE 661 CASE STUDY#1 RELIABLE ENGINEERS INC Attached please find the comparative financial statements

RELIABLE ENGINEERS case study.pdf - Jasmine Smith ENCE 661...

This preview shows page 1 - 3 out of 11 pages.

Jasmine Smith 09/29/19 ENCE: 661 CASE STUDY #1 RELIABLE ENGINEERS, INC. Attached please find the comparative financial statements of Reliable Engineers, Inc., a 200-person multi-discipline firm, for the years ended December 31, 2010 and 2009, respectively. Using the lecture, reading and activity lessons covered over the past three weeks, please prepare an analysis of these financial statements in narrative form. This analysis should include addendums showing your work on ratio and statistical analysis compared to industry standards, comparisons to industry average breakdowns of financial statements, and variance analysis calculations. Using that data, and your own intuitive analysis, please then prepare a narrative (in the structure noted below) identifying those financial issues currently facing Reliable, certain significant events Reliable has undertaken during these periods, an analysis of how the business is performing against their industry and in general and finally generating any pertinent questions you might ask of Reliable management as a result of your review of these statements. Your analysis should be broken down into five parts as follows: BALANCE SHEET STATEMENT OF RETAINED EARNINGS INCOME STATEMENT STATEMENT OF CASH FLOWS SUMMARY
Image of page 1