Project Assignment example
Undergraduate
Assignment
Finance & Accounting
Pages 3 (753 words)
Download 0
Comparative analysis of J.C. Penny Company and Macy’s Inc Items in financial statements and their trend in changes are some of the bases for understanding differences in financial performance across organizations. The following table compares net incomes of J.C…

Introduction

Net income for J.C. Penny Company has been decreasing over the past three financial years and the decrease identifies losses in the company’s last two financial years. The trend is further consistent and suggests that the company is likely to suffer worse degree of losses in its future financial years. Macy’s Inc. however offers good indicators in its net income. The income has been increasing in the past three financial years and the consistent trend suggests that the net income is likely to increase in future financial years. Macy’s Inc. was therefore better in profitability because it was profitable while J.C. Penny Company suffered losses. Profitability in Macy’s Inc. was also better because it improved from the previous financial period while that of J.C. Penny Company decreased from the previous financial period. The same trend is observed in the companies’ comprehensive incomes (Georgia State University, n.d.). The following table compares the companies’ current and total arrest for the years ending 2011, and 2012. Table 2: Comparison of current assets Company 2011 2012 J.C. Penny Company 5081 3683 Macy’s Inc 8777 7876 The following is the graph of the companies’ current assets for the the years ended 2011 and 2012. ...
Download paper
Not exactly what you need?

Related papers

project management
Several studies revealed that majority of traffic collision is caused by human factors related to intoxication or the use of cell phones while driving (Strayer & Drews, 2004; Strayer, Drews, & Johnston, 2003; Williamson, Feyer, Friswel, & Finlay-Brown, 2001). In some cases, other forms of visual or sound distraction such as the presence of billboard in highways or the use of loud radio could also…
Finance Project
As the project considers a period of ten years critical evaluation is required to decide the outcome of the project. Analysis: 1. The expected cost for the project: Year Expected cost(in million dollars) 1 25 2 28 Opportunity cost of the project= 8% Present value of the cost of the project: Cost (i) Discounting factor at 8 % (ii) Present value (i*ii) 25 0.926 23.15 28 0.857 23.996 2. Present value…
stock project
The company has acquired you tube and feed burner making it easier to access entertainment through the web. It has also acquired documents termed as jotspots, spreadsheets i.e. the 2web technologies and presentations called zenters. Google Company believes in working in a fun environment to develop technology. It also aims to synchronize the information from different companies. The information…
Project Evaluation
The other option that Salsbury has is to open a health and fitness complex and it has a NPV of ?700,000. Furthermore, the report justifies the technique that has been used in order to evaluate the project by comparing it with other project evaluation techniques such as Accounting Rate of Return and Profitability Index. Moreover, the report then discusses other factors that the organization needs…
Research Project
According to the Generally Accepted Accounting Principles (GAAP), there are several inconsistencies with the five scenarios mentioned. For instance, it is the sole responsibility of GAAP to evaluate and account on the transactions conducted in the company. In other words, it ensures that is correct presentation of the business income and expenses of the corporation in relation to realized profits…
Project Appraisal
. 4 Discussion……………………………………………………………………………………… 6 Recommendation……………………………………………………………………………….9. Conclusion………………………………………………………………………………………10 Introduction Project appraisal is a structural process through…
Investment Project
Secondly, I included the highly successful oil and gas exploration and production company, Denver-based Cimarex, for owning no less than 68% of national proven reserves and the lion’s share of 80% of production. All these were bought up or acquired in the Mid-Continent region, the Permian Basin, and just offshore: Oklahoma, the Texas Panhandle, west Texas, southwest Kansas, southeast New Mexico,…