Competition Bikes, Inc. is engaged in the business of manufacturing bicycles. Summary Report - Coursework Example

Only on StudentShare

Extract of sample
Competition Bikes, Inc. is engaged in the business of manufacturing bicycles. Summary Report

There are various techniques which can be utilized to evaluate the information present in the financial statements of a company. Some of the commonly used techniques are horizontal analysis, vertical analysis, trend analysis and ratio analysis. All these analyses have been performed for the Competition Bikes, Inc. taking into account the income statements and the balance sheets of the company for the past three years. Horizontal analysis of the financial statements is generally done to compare the performance levels within the company for a given period of time (Weygandt, Kimmel, & Kieso, 2009, p. 647). Horizontal analysis of Competition Bikes, Inc. that has been presented in the case would facilitate comparative analysis of the amounts as well as percentage increase or decrease of each of the related items in its income statements and balance sheets (Warren, 2008, p. 306). It would thus help to identify and understand the operational weaknesses and strengths of the company. As evident from the horizontal analysis of the income statements of Competition Bikes, Inc., there has been an 81.6% decline in its net income in the year 2008 as compared to 2007 which is quite significant. ...
Download paper

Summary

COMPETITION BIKE'S SUMMARY REPORT Table of Contents Table of Contents 2 Task A.1. 3 Task A.2. 8 Task A.3. 9 Task A.4. 10 References 12 Task A.1. Competition Bikes, Inc. is engaged in the business of manufacturing bicycles which are meant for professionals who use them for racing purposes…
Author : etha47

Related Essays

Essay on International business finance report
11 pages (2761 words) Essay
Analysis of Competition Bikes Inc.
6 pages (1506 words) Term Paper
Financial Report for Custom Snowboards Inc.
7 pages (1757 words) Essay
International Corporate Finance - Business Report
9 pages (2259 words) Essay
summary
7 pages (1757 words) Coursework
SEC 10-K annual report for Nike Inc.
7 pages (1757 words) Essay
A report entitled "Audit concentration :lack of competition in the large company audit market"
6 pages (1506 words) Assignment
Case study
7 pages (1757 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!