The review of the financial statements of FedEx and UPS showed that for individually one comp whatever has construct a healthy financial empire. This paper allow for wrangle the list financial relationships that exist between the twain companies. The inter-relationships that the entropy illustrates in each companys financial statements will be examined. The account components of the prefatory accounting equation will be rigid for each company, as illustrated in their respective financials. Finally, the control techniques and any issues that be discussed in the companies financial statements will be described. This surgical process will use the data from the 2 most youthful pecuniary years and build on the review to benefactor the plug-in better understand the benefits of a merger between these two giants. Inter-relationshipsThe first step in preparing the financial statement is the training of the income statement. This statement shows how much revenue a company contract and the sales and expenses, which results in either profit or loss, the cacography income for the period. The cabba take aim income then flows to the balance sheet as a component of retained earnings. The balance sheet shows the company assets, liabilities and stockholders equity. for each one company has assets that can either be sell or used to provide services. These include trucks, equipment, planes, inventory, intangible objects, and specie.
Liabilities argon the monies owed to others much(prenominal) as bank notes or other companies. The stockholders equity is the net worth of the company. The change in the balance sheet for the infor! mant of the period to the end of the period is reflected in the statement of bullion flow. This statement shows all the cash income, such as order of battle of receivables, loan proceeds, additional paid-in capital to name a few. then all cash-out flows are shown, such as loan payments, ebb in account payable and purchase of fixed... If you want to get a full essay, order it on our website: OrderCustomPaper.com
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