Find data from the financial statements for a large corporation such as Toyota, General Motors, Tesla, Walmart or Amazon by searching the web.
Use the data for a single year such as 2019 to determine how profitable the Corporation was in that financial year. Recall what you learnt in chapter 3 to measure profitability using at least three different measures.
1. Explain how each of the measure you use is an acceptable accounting measure of profitability.
2. Compare with acceptable benchmarks, industry average, and the company average for the previous 10 years
3. Provide a table of the raw data you use and the source of your data
4. Write a summary paragraph
Your paper should be three typed pages, double spaced, using a 12 point font.
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