Which of These Companies Performed Better? Discuss the following – provide a reasoning for your answ
Which of These Companies Performed Better?
Discuss the following – provide a reasoning for your answer.
Do you think Titanic Company performed better than Rowboat Company? What if Titanic Company has total assets of $1 billion and Rowboat Company has total assets of $250,000? Is it appropriate to compare companies of different size? Wouldn’t you expect a national or international company to generate higher net income than a small, local business? So how can you compare two companies when they are not the same size?