It should also be noted that from a financial statement the investors together

It should also be noted that from a financial

This preview shows page 5 - 9 out of 26 pages.

to system In Cisco would finally settle the topic. It should also be noted that from a financial statement, the investors, together with other stakeholders, cannot establish as to whether the firms were involved in fraudulent activities. In order to unearth involvement in fraudulent activity, much effort is required in looking at business practices, as well as, procedures inclusive of routines and benchmarks. At the early twenty-first century, Dell extended its line of products to contain TVs, digital cameras, and the kind of the computer-related products. Also, In year 2003 the company was as well renamed Dell Inc. To indicate the change into the wider consumer electronics industry. Then in 2016 the company, as well as the finance firm, developed EMC, the American firm that dedicated in information warehousing. This Union, valued in roughly $ 60 billion, was the major technology trade in this moment.
Image of page 5
No investor or any stakeholder that has an interest in dealing with a firm that is run by a treacherously management. In the fiscal year ended February 1, 2019, Dell Technologies Inc. made a net loss of $ 2.3 Billion, had total debts of $111.5 billion and an asset turnover of 0.78%. This implies that the firm has to come up with vibrant marketing strategies and introduce highly innovative products in order to scale up its sales and thus increase its revenue. On the side of Cisco Systems Inc. in the fiscal year ended 2019, reported net profitability revenue of the U.S $51.9 billion, had total debts of $24.6 billion and an asset turnover of 0.11%. This is an indication that the firm is performing well financially. Reference AICPA. (2019). Codification of Statements on Auditing Standards 2019: numbers 122 to 135 . S.l.: John Wiley & Sons. Running head: WEEK 3 PROJECT 1
Image of page 6
WEEK 3 PROJECT 5 Statement of Cash Flows Sonya Hatfield South University Online FIN 4060 Professor Clark March 10, 2020 Statement of Cash Flows Introduction The week 3 project paper will analyze the statement of cash flows for the chosen two companies of which are CISCO and
Image of page 7
Dell Inc. the paper will also provide a summary of the course project of up to this point shining light on what I have learned about the two companies. The next task will be researching the companies investing as well as financing activities and then compare and contrast them regarding the types of goods and services they offer. Finally, the paper will evaluate both the investing as well as the financing strategies of both companies and define its effectiveness. Course project summary The course project involved the selection of two companies that are publicly traded and examine their financial statements, their characteristics of operations and obligations to corporate governance. Both the selected companies are tech giants in the United States offering a range of tech goods and services such as computers, software, hardware servers, smartphones among other products and services.
Image of page 8
Image of page 9

You've reached the end of your free preview.

Want to read all 26 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture