Analysis of Financial Statements

Financial statements or reports are records of a fraternity?s pecuniary transactions. They determine the profitability of a company?s ante up in the short-term and long-term. in that respect are four ratified pecuniary statements, the Balance aeroplane, the Income Statement, the currency Flows Statement, and the Statement of Retained dinero (Wikipedia, The Free Encyclopedia [WTFE], 2007). Our textbook, bill: Concepts and Applications, gives the following definitions for the four professional financial statements:?The Balance Sheet reports a company?s assets, liabilities, and owners? equity at a particular date. ?The Income Statement reports the touchstone of net income earned by a company during a layover. ?The Statement of Cash Flows reports the union of cash collected and mercantile out by a company during a purpose of time. ?The Statement of Retained cyberspace reports the change in go along earnings during a boundary of time. Our learning team has selected to work the financial statements of two of the star companies in the retail pharmacy industry, Walgreen Co. and CVS Corporation. Walgreens and CVS are common home names. It is virtually impossible to go into any city and non pass by a Walgreens and/or CVS. These companies have hold that is publicly traded. Both companies must(prenominal) put forward public financial statements at the end of every(prenominal) fiscal course for potential investors, shareholders, etc.

Our team ending is to visualize the financial statements for two companies and give a rendering of the financial information include in these statements. But in the lead we go into detail on each company?s full of life information, we ordain give some soil information rough two Walgreens and CVS. Walgreens was founded in 1901 in Chicago, Illinois, by Charles Walgreen Sr. The company?s stock went public in 1927. It is the largest drugstore chain in the United States based on sales (MarketLine military chasten Information Center [MLBIC], 2006. They give general... 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