Internal financial information is not available to public, so we have to rely on external information for our analysis. Review the financial statements for two years for your company which is Walgreens and another company which is CVS in the same industry. From the finnacial statments, make a comparison of
revenues;
cost of good sold;
accounts receivable; and
accounts payable
inventory
for the two years and show trends for all five categories for each company. Keeping the case analysis in mind, discuss and interpret the changes over the three year period. Which company is the best performer and why? How is this information useful to you from a managerial perspective? Explain your reasoning and support with the numbers you have pulled out for the comparison above. Don't forget to comment on the interaction of the balance sheet and income statement.
Modulas Expectations
Always include the name or the organization(s), time period covered and source of information. It is important to answer the questions as posed. The discussion should be two to four pages and written in a clear and concise manner. Support your discussion with references in APA format. You are encouraged to use Excel or other compatible spreadsheet when computations are involved.