As securities analyst for Riordan Manufacturing Company, I was assigned the role to carefully analyze and compare their financial data. Utilizing both their income statement and balance sheet for its fiscal years 2003 and 2002, I was able to successfully conduct a Du Pont analysis and determine the Return on Equity for both years. The initial step involved focusing on the the Du Pont system of analysis. Return on total assets as described through the two components …
showed first 75 words of 382 total

showed last 75 words of 382 total
…done to have this improve. It is evident that their Net Income figures differed greatly but there showed not too much of a difference in sales although it was higher than its previous year. Finally, it would be my third question to address why their F&A department is struggling on matters that can be controlled by simple management. Additional statements requested would be figures that display Sales and Cost of goods detail.