Financial Statement of Hewlett Packard

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Introduction When it comes to the evaluation of the financial situation of a firm as well as measurement of its performance, the relevance of financial analysis cannot be overstated. It is important to note that to determine how a given company is performing financially, investors and other users of financial statements often utilize a number of financial analysis tools including financial ratios. In this text, I come up with a detailed financial analysis of Hewlett Packard (HP) in an attempt to determine how the entity is performing from a financial perspective. Hewlett Packard (HP): An Overview With its headquarters in Palo Alto, California, Hewlett-Packard is regarded one of the United States' largest information technology firms. Offering for sale an array of products including but not in any way limited to software, computer hardware products and other technologies, HP has a diverse clientele made up of governments, large corporations, small and medium enterprises (SME) as well as individual persons. The company's main competitors in the diversified computer systems market include International Business Machines Corp. (IBM), Dell Inc. and Accenture plc (Yahoo Finance, n.p). An analysis of Hewlett Packard's Financial Performance: Ratio Analysis In the analysis of Hewlett Packard's financial statements, I concern myself mainly with the firm's balance sheet as well as its income statement. The analysis in this case covers the past three financial years. All the
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