Financial Statement Analysis

Comparison of financial data

• Content: In this section you will use the company’s key financial statements from the last 3 years, including balance sheets, income statements, and cash flow statements, to discuss your observation of the company’s financial activity over that three year period.
o Note changes in the key line items (Assets, Sales, COGS, Profit, etc) and discuss the key drivers (i.e. new customer or product, new investment, etc) of these changes as well as the implications to the company.
o Activities such as extraordinary gains or losses, stock or bond issuance, retirement of debt, or any other significant changes or trends over that three year period in a particular area should be noted.

Sample Solution