ACC 561 Week 3 Team Assignment, Financial Analysis and Decision Making
Financial statements provide valuable information to the company, investors, consumers, and banks and lending institutions. To better understand a company’s financial standing, ratio calculations are key factors. This help to determine a company’s profitability, solvency, and liquidity. General Electric and Siemens are two competitive international companies in the electronics and engineering market. This paper will discuss and compare the financial standing of both companies. In addition to analyzing a five-year trend in net sales and net income, financial opportunities, global standing, and ethical climate of each company…….