Two large publicly held companies in the computer industry had net income in 2012 of approximately ₱8 billion. Therefore the two companies performed equally. Required: What additional facts would you like to have to compare the performance of the two companies?

Two large publicly held companies in the computer industry had net income in 2012 of approximately ₱8 billion. Therefore the two companies performed equally. Required: What additional facts would you like to have to compare the performance of the two companies?

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter10: Liabilities: Current, Installment Notes, And Contingencies

Section: Chapter Questions

Problem 4MAD: Neiman Marcus Group (NMG) is one of the largest luxury fashion retailers in the world. Kohls...

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Concept explainers

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.

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Two large publicly held companies in the computer industry had net income in 2012 of
approximately ₱8 billion. Therefore the two companies performed equally.
Required: What additional facts would you like to have to compare the performance of the
two companies?

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