Comparison of financial statements

timer Asked: May 15th, 2013

Question Description

Need help with my Business question - I’m studying for my class.

you will be comparing the financial statements of two companies. Please select from the following list:

  1. Wal-Mart    
  2. Kmart    
  3. Target irhome&ref=nav%5Ffooter%5Finvestors&c=65828    
  4. Carrefour       Group    
  5. Tesco plc.    

To locate the financial statements, go to the Investors section of the company website and access the most recent annual report. Be sure when you are comparing the companies, the annual report selected is for the same year. Once you have made your selection, please answer the following Discussion Questions:

  1. What are the differences and similarities between their income statements?
  2. What are the differences and similarities between their balance sheets? What classifications are presented?
  3. Locate the notes the financial statements and highlight some of the notes you found would be of interest to investors about each company.

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