Financial report
...lopment stages. Both corporations have had an increase in expenses from the year before. These are there differences and similarities between companies. Condensed Statement Analysis: Minuscorp: They have shown increases in revenue over the last few years and have had a large increase in assets over the past year. The liabilities however have made a slightly larger increase than the assets. A lot of Minuscorp’s assets are in cash, which makes them much more liquid. They have also spent a lot of money on corporate administration, which means they are trying to expand and have highly skilled people at the job. Minus City: They have a great majority of their assets in properties, which are not as liquid as money. However the properties are important in the mining profession. They don’t have a revenue because they have not yet mined. Minus City’s expenses increased because they are putting more and more money into the business in hopes of making it all back and then some in the future. Ratio Analysis: Debit Ratio: Minuscorp: 7.9, Minus City: 11.8 Equity Ratio: Minuscorp: 76.5, Minus City: 88.2 Current Ratio: Minuscorp: 6.1, Minus City: .26 The ratio figures are fairly even, but Minuscorp’s are more stable. Minus Ci...