The accounting information supporting this focus includes the assets the total

The accounting information supporting this focus

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The accounting information supporting this focus includes the assets, the total comprehensive income, operating costs and the net earnings as seen from the points that I have discussed it above. This accounting information was very essential in the sense that it forms the key points where I can carry out the analysis of the company's performance and comes into a conclusion on how the company is faring. The current financial ratios also suggest the same case. For instance, the quick ratio of Procter and Gamble company points out that the entity has more of current liabilities as compared to current assets (Walker et al, 174-182). Therefore, we can come into a conclusion that both companies have not been doing well because it is characterized by more obligations and less of assets. Furthermore, the performance of the company is characterized by the inconsistent performance which is not conducive for a company
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Surname 7 doing good. What is noteworthy from the financial statements of the two companies is the fact that the results of items in the financial statements are inconsistent. For example, it is evident that items such as the current assets, net earnings, and shareholders' equity are not consistent as it can be seen from the two companies' financial statements. It is also noteworthy that across the three periods under consideration for the Procter and Gamble company, it never incurred any loss but rather the earnings were positive across the three financial periods. Furthermore, it is noteworthy that the net sales of the Procter and Gamble was positive and kept on increasing in the three periods from the year 2016 to 2018. In addition, it is clear from the consolidated statement of financial position that the current liabilities are more than the current assets for the Procter and Gamble company. It is also evident that the total operating activities, total financing activities and total financing activities of Procter and Gambler company are not consistent as evident from the consolidated statement of cash flows. Regarding Kimberly-Clark company, the following are evident from items in the financial statements of the company. The net sales of the company are positive and they kept increasing across the three financial periods under consideration. Furthermore, it is good to note that the figures pose a consistent trend which illustrates that the management is doing a good job in ensuring that the net sales keep on increasing over time. Also, it good to note that the total operating expenses in the company has kept on increasing over the three periods under consideration. It is good to note that the trend is positive and is consistent across the three periods. This suggests that the company should put in place measures that will ensure that the company cuts down the costs so as to realize more profit for the company. It is also good to note that the total comprehensive income made by the company over the three
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Surname 8 financial years kept on increasing. There is nothing in the footnote that impacts the firm.
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