IFRS Project 3.pdf - IFRS Project BMW Group vs tesla Inc By Magdalena Bieszczad Financial Statement Analysis Fall 2019 Magdalena Bieszczad Financial

IFRS Project 3.pdf - IFRS Project BMW Group vs tesla Inc By...

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IFRS Project BMW Group vs. tesla Inc. By Magdalena Bieszczad Financial Statement Analysis Fall 2019
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Magdalena Bieszczad Financial Statement Analysis Fall 2019 The financial statements of a company are an important tool for shareholders, investors, employees, executives, and potential lenders to access. The financial statements are analyzed in order to examine changes in past and current financial data in order to be updated on the company’s current performance, financial position, and future risks. Financial statement analysis can also yield valuable information about trends and relationships, the quality of a company’s earnings and the strengths and weaknesses of its financial position. Financial statement ratios are an additional tool that establish relationships between various items appearing on financial statements. In this project, I will be comparing two giant automobile companies and will be using ratio analysis in order to decide which company is best to invest in. Tesla has been the pioneer in the luxury electric vehicle market, posting robust growth over the last few years. BMW Group is
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