Financial Statement Assignment Three

Financial Statement Assignment Three - 2. Compute the...

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ACCOUNTING 5100 Financial Statement Assignment 3 Fall 2009 MUST BE SUBMITTED IN CLASS ON November 3rd Please go to the relevant financial statements for the year ending 2008 based on the first initial of your last name. When you have located the financial statements for both companies answer the following questions: 1. Compute the 3 activity ratios (as shown in Appendix 5A) for both companies and discuss the difference in their use of company assets. (e.g. how do the ratios differ and based on the relevant financial statement accounts explain the differences).
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Unformatted text preview: 2. Compute the profitability ratios (except earnings per share) as shown in Appendix 5A for both companies and discuss the difference between these ratios. (e.g. how do the ratios differ and based on the relevant financial statement accounts explain the differences). 3. Based on how effectively assets are used and profitability which company would be a better investment? Last Name Company A-E Ann Taylor/Chicos F-J Target/Walmart K-O Gap/Abercrombie & Fitch P-Z OfficeMax/ Office Depot...
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This note was uploaded on 12/25/2009 for the course ACC 5100 taught by Professor Andrews during the Spring '09 term at Wayne State University.

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