The chief executive officer of your organization has asked you to compare the organization you are thinking of acquiring with a competitor. Obtain financial statements for the organization under investigation and its competitor, and perform the following tasks:
• Prepare a 700- to 1,050-word summary comparing the organizations' two most recent fiscal years, based on the following:
o Profitability ratios
o Management efficiency ratios
o Leverage ratios
• Select and calculate 6-8 financial ratios from your materials for both fiscal years, analyzing the above topics. Additionally, briefly discuss the concept of operating cost. Finally, evaluate annual and year-to-year results to interpret where your takeover target compares to its competition.