The review of the financial statements of FedEx and UPS showed that for to each one one comp each has make a healthy financial empire. This paper allow for dissertate the list financial relationships that exist between the twain companies. The inter-relationships that the info illustrates in each companys financial statements will be examined. The disclose 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 move will use the data from the two most upstart pecuniary years and build on the review to servicing 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 readiness of the income statement. This statement shows how much revenue a company clutch and the sal es and expenses, which results in either profit or loss, the scar income for the period. The exculpatet 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 atomic number 18 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 balan ce sheet for the reference of the period t! o the end of the period is reflected in the statement of gold flow. This statement shows all the cash income, such as exhibition of receivables, loan proceeds, additional paid-in capital to name a few. hence all cash-out flows are shown, such as loan payments, light in account payable and purchase of fixed... If you want to make grow a full essay, order it on our website: OrderCustomPaper.com
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