Project Assignment Example | Topics and Well Written Essays - 750 words - 1

Project - Assignment ExampleNet income for J.C. Penny Company has been decreasing over the past three fiscal years and the decrease identifies losses in the companys last two financial years. The impetus is further reconciled and suggests that the company is likely to suffer worse degree of losses in its future financial years. Macys Inc. however offers good indicators in its net income. The income has been increase in the past three financial years and the consistent trend suggests that the net income is likely to increase in future financial years. Macys Inc. was consequently better in profitability because it was profi remit while J.C. Penny Company suffered losses. Profitability in Macys Inc. was also better because it improved from the previous financial period while that of J.C. Penny Company decreased from the previous financial period. The same trend is observed in the companies comprehensive incomes (Georgia State University, n.d.). The future(a) put over compares the companies genuine and total arrest for the years ending 2011, and 2012. Table 2 Comparison of current assets Company 2011 2012 J.C. Penny Company 5081 3683 Macys Inc 8777 7876 The following is the chart of the companies current assets for the the years ended 2011 and 2012. ... Table 3 Total assets Company 2011 2012 J.C. Penny Company 11424 9781 Macys Inc 22095 20991 The following graph shows distribution of total assets graphical record 3 Total assets Like in current assets, the two companies total assets decreased across the two financial years. The percentage decrease was however great in J.C. Company, 14.38 percent, compared to Macys 5 percent and shows higher threat to long term sustainability of J.C. Company. Further, lower value of current assets in J.C. Company shows weaker leverage strength that in Macy Inc. (Georgia State University, n.d.). Trend in current liabilities within the two companies, together with trends in assets also offer a basis for comparing them. The fo llowing table shows the trends. Table 4 Current liabilities Company 2011 2012 J.C. Penny Company 2756 2583 Macys Inc 6263 5075 The following graph shows the companies current liabilities for the years ended 2011 and 2012. Graph 4 Current liabilities The companies current liabilities decreased from the year ended 2011 to the year ended 2012 with greater decrement in Macys Inc., 19 percent, than J.C. Companys 6.3 percent. The trend also indicates improved liquidity at Macys inc. even though Macys Inc. has higher amount of current liabilities, it also has higher amount of current assets and this establishes its short-term liquidity over J.C. Company (Georgia State University, n.d. J.C. Company, 2013 Macys Inc., 2013). Analysis of major rations for the two companies also offers a basis for comparing the companies financial positions and performance. The table below shows some of the comparative analyses for the companies financial statements. Table 5 Financial ratios