Assignment:

1. Carefully review the annual reports for both organizations. Comment on what approach

each company has taken in reporting to its shareholders. (This requirement is purposely

broad to give you the freedom to talk about anything that comes under the broad title of

“reporting to shareholders”).

 2. Prepare a ratio analysis for both companies including a trend analysis for three years.

Comment on the significance of the ratios for each company (do they indicate that things

are all right, do they suggest that problems exist, or is it likely that problems will occur in

the future?). Comment specifically on the similarities and differences among the ratios

calculated for both companies and comparison to any benchmark.

3.  Prepare an analysis of the cash flow statements for both companies.

4. List and discuss the importance of the two most significant accounting policies adopted

by the two organizations (you should select the same two policies for both organizations).

Explain the options selected by both companies and comment on any differences that

you see. Explain what other policies the organizations could have selected and state why

you think they selected one policy over another.

5. Provide the URL’s for each company’s Annual Report.

Your assignment should adhere to these guidelines:

•  Write in a logical, well-organized conventional business style. Use Times New Roman

font size 12 or similar, double space, and leave ample white space per page.

•  All references must follow JWMI style guide and works must be cited appropriately.

Check with your professor for any additional instructions on citations.