This essay focuses on The registration process of a company. it should have a memorandum of association, board of directors, share prices and shareholders,
Using the same company and annual reports that you chose for your Reading and Using the Annual Report Case Study in Week 1,
The registration process of a company is lengthy; it should have a memorandum of association, board of directors, share prices and shareholders. This is a name, office, phone number, address, and other legal documentation.
The liability of shareholders is limited to their share price only; it is in the limited companies by share. On the other hand, in the case of limited companies by guarantee, where the share of contributors is like an asset in the company; if the company goes bankrupt, then the shareholders have to pay a small amounts to cover up the loss of the company.
Prepare common-size balance sheets, income statements, and statements of cash flows for your chosen company for the latest 2 years. Identify one company that competes with your chosen company, obtain their financial statements for the most recent two years, and prepare common-size balance sheets, income statements, and statements of cash flows for your chosen company for the latest 2 years.
Explain why common-sized financial statements are a convenient. It is way to compare financial statement items within the same period. This is between periods, and between competing companies.
Perform a vertical analysis of at least one item on the common-size balance sheet. The income statement, and statement of cash flows you prepared. It is for the most recent year. Compare each item to the same item on the common-size financial statements. This is for the previous period and to the same item on the common-size financial. This statements you prepared for the competing company.
Details;
firstly, be sure
Secondly, be honest
Thirdly, be fast
Further, integrity
further, be fast