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Critical Analysis of Financial Statement DataIn this weeks Discussion, you will

Critical Analysis of Financial Statement DataIn this weeks Discussion, you will

Critical Analysis of Financial Statement DataIn this weeks Discussion, you will be comparing the financial statements of two companies. Please select from the following list:Wal-MartSearsTargetJCPenneyTo locate the financial statements, go to the Investors section of the company website and access the most recent annual report. Sometimes the financial statements are labeled differently (i.e. Consolidated Statement of Operations or Consolidated Statement of Income). Put your “detective hats” on and see what you can find. Be sure when you are comparing the companies, the annual report selected is for the same year. Once you have made your selection, please answer the following Discussion Questions:1. What are the differences and similarities between their income statements (discuss overall “first impressions,” layout, account names, fiscal period, etc.)?2. What are the differences and similarities between their balance sheets (discuss overall “first impressions,”layout, account names, fiscal period,etc.)?3. Locate the Notes (at the end of the financial statements) and describe two or three notes you found would be of interest to investors about each company.Critical Analysis of Financial Statement DataIn this weeks Discussion, you will be comparing the financial statements of two companies. Please select from the following list:To locate the financial statements, go to the Investors section of the company website and access the most recent annual report. Sometimes the financial statements are labeled differently (i.e. Consolidated Statement of Operations or Consolidated Statement of Income). Put your “detective hats” on and see what you can find. Be sure when you are comparing the companies, the annual report selected is for the same year. Once you have made your selection, please answer the following Discussion Questions:1. What are the differences and similarities between their income statements (discuss overall “first impressions,” layout, account names, fiscal period, etc.)?2. What are the differences and similarities between their balance sheets (discuss overall “first impressions,”layout, account names, fiscal period,etc.)?3. Locate the Notes (at the end of the financial statements) and describe two or three notes you found would be of interest to investors about each company.

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