Statement Analysis Project

financial Statement digest Project FI504 Accounting and finance: managerial Use Date: 06/12/2011 Table of content Executive Summary..3 apprize Background of HP...4 environmental Scanning SWOT abridgment...5 Major Competitor IBM..7 pecuniary dimension.9 Liquidity Ratio......9 Activity Ratio.9 Solvency Ratio......10 Profitability...11 Overall Analysis and testimony.....12 Recomendation.....13 References.14 I. Executive Summary: This report stands from the point of go through of Hewlett-Packard (HP), and discusses about its line of work condition. In coordinate to put up a clear picture of HPs business level, a comparison in finance is made betwixt HP and one of its biggest competitors, International occupancy Machines (IBM).

The main criteria of this newspaper are financial analysis which is utilise to analyze whether an entity is stable, solvent, liquid, or profitable enough to be invested in. The military rank is done by focusing on the income dry landment, balance sheet, and bullion flow statement. Financial ratio analysis purposes are to prize HPs past performance, the ideal benchmarks, its performance canvas to IBM and if HP meets its bud sop up. throughout these analyses, HPs business state is visible and thusly recommendations are given so as to make mendments to improve the negative sides of HPs. Briefly, HPs liquidity is tracking behind IBM; and so is its profitability and stock turnover. On the separate hand its asset turnover and accounts receivable turnover is higher(prenominal)(prenominal) than IBM; similarl y, solvency ratios indicate that HPs ability! to treat debt with assets is higher than its competitor IBM. Overall analysis indicates that, first of all, plain though HP has high revenues, but since...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper