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American Corporate Analysis

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Submitted By evelyndel30
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American Corporate Analysis ~ Boeing Co.
Sheryl Stryker, Ruthie Williams, Kareem Campbell, Tamara Loken, Evelina Delgado

ACC/561
December 09, 2014
Dr. Deborah Adkins

Introduction
Boeing was founded in 1916 in Washington State. They are the world’s largest aerospace company and leading manufacturer of commercial jetliners, a top U.S. exporter, which services customers in 150 countries, employs more than 169,000 people across the U.S. In addition to providing there services they represent one of the most diverse and talented workforces in the world. The journey of Boeing’s history includes many strategic mergers and acquisitions to become prevalent. Boeing continues to introduce these practices in order to drive the financial results and withstand the competition. In order to conduct a comparative analysis for Boeing, and to measure its profitability and liquidity, a vertical and horizontal analysis along with financial ratios will be calculated explaining and interpreting the past two reporting years with comparison to Airbus.
Horizontal Analysis
A comparative analysis involves analyzing financial statements that utilize comparative and basic tools. Intercompany and intracompany horizontal analysis will be performed on both companies. In addition, an evaluation of Airbus and Boeing’s balance sheet and income sheets data for fiscal years 2012 and 2013 will be reviewed using a horizontal analysis.
For instance, by using 2012 as the base year, a measure of all percentage increases or decreases can be compared to 2013. A comparative balance sheet indicates the number of changes for Airbus and Boeing’s financial position. Notice that Airbus current assets increased by $1,771,000 or 3.9% and Boeing current cash increased by $7,765,000 or 13.51% (Appendix B) much higher than Airbus (Boeing Co.).
The overall gross profit

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