ACCOUNTING-202-MODULE-2-CASE

ACCOUNTING-202-MODULE-2-CASE - ACCOUNTING 202 MODULE 2 CASE...

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ACCOUNTING 202 MODULE 2 CASE ASSIGNMENT DR. WENDY ACHILLIES The three companies that I choose for this assignment are Dell Inc., 3M and General Motors. Looking at the financial statements of the three companies and the Net Income over the past three years I noticed a positive trend. DELL INC . 2007 – Net Income of 2.5 billion dollars 2006 – Net Income of 3.6 billion dollars 2005 – Net Income of 3 billion dollars There was a slight gain in Net Income from 2005 to 2006. In the next year there was a considerable decline, approximately 1 million dollars. General Motor 2007 – Net Income of 181 billion 2006 – Net Income of 205 billion 2005 – Net Income of 193 billion Each there was an increase in 2006 and a big drop off in 2007. The trend seems to be that each year Net Income is increased followed by a decreased. 3-M Corporation 2007 – Net Income of 4 billion 2006 – Net Income of 3.8 billion 2005 – Net Income of 3.1 billion
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There was a significant jump from 2005 to 2006 with an unnoticeable rise in 2007. 3 YEAR CASH FLOW FROM OPERATING ACTIVITIES
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This note was uploaded on 10/26/2011 for the course ACC 202 taught by Professor Choi during the Fall '11 term at Trident Technical College.

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ACCOUNTING-202-MODULE-2-CASE - ACCOUNTING 202 MODULE 2 CASE...

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